Developers of Ethereum approved the increase of the gas limit to 60 million units as part of the upcoming Fusaka update. This was reported by Tim Beiko, a representative of the Ethereum Foundation, noting that the decision was made at the All Core Devs Execution (ACDE) #221 meeting. According to him, the Fusaka testnet will be operational in October, and shortly after that, the update will be implemented in the mainnet.
Previously, the launch of Fusaka was planned for December, but the timeline has been moved to an earlier date. Christine Kim, a former analyst at Galaxy Digital, called such pace "impressive." According to her data, developers expect that by the end of the year this update will increase layer 1 performance by 33%, and the throughput of layer 2 solutions by as much as 133%.
As analysts from Everstake, one of the leading staking service providers, explained, increasing the gas limit will allow more transactions to be included in each block, which will improve both the overall network throughput and its efficiency — both at the L1 (main chain) level and at the L2 (scaling solutions) level.
It is worth noting that this is not the first change to the gas limit this year: in February it was raised to approximately 36 million, and in July it was further increased to 45 million.
