Ethereum’s Dankrad Feist has pitched a four-year plan to increase Ethereum’s gas limit by 100-fold, which could theoretically increase the blockchain’s TPS to 2,000.
The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist.
Feist, who had the blockchain’s “danksharding” data storage solution named after him, put forward EIP-9698 on April 27, which would introduce a “deterministic gas limit growth schedule” starting at epoch 369017, or around June 1.
The proposal would gradually increase the gas limit by a factor of 10 for roughly two years, or 164,250 epochs, when one final tenfold increase would occur.