Daily Trade News

Vitalik Buterin proposes calldata limit per block to lower ETH gas



© Reuters

(ETH) co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network.

Buterin’s post on the Ethereum Magicians forum, EIP-4488, highlights concerns regarding high transaction fees on Layer-1 blockchains for rollups and the considerable amount of time to implement and deploy data sharding:

Average Ethereum gas cost. Source: Etherscan