Ethereum block Gas limit increased to 36M, L1 transaction volume increased by 20%

PANews reported on February 8 that according to the technology update forwarded by Vitalik, Ethereum L1 recently completed a dynamic adjustment of the block Gas upper limit, from 30M to 36M, which increased the L1 transaction throughput by 20%, and is expected to be reduced by 10% to 30% transaction fee.

This adjustment is not determined by any single entity, but the result of the verifier gradual adjustment of parameters and reaching consensus. Currently 49.5% of validators have reported a 36M Gas cap.