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Ethereum News

Vitalik Proposes Lower Gas Cap to Enhance Ethereum Network

EIP-7983 replaces EIP-7825’s 30M gas cap with 16.77M, cutting costs to $11.38 per tx as ETH trades near $2,550, per Etherscan.

Written By Ronak Kumar
Fact Checked by Dhara Chavda
Published July 7, 2025 12:22 PM·Updated 1 year ago
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Vitalik Proposes Lower Gas Cap to Enhance Ethereum Network

Ethereum co-founder Vitalik Buterin has proposed a new gas limit cap to improve the network’s security and performance. Alongside researcher Toni Wahrstätter, Buterin introduced EIP-7983, which sets a maximum transaction gas limit of 16.77 million (2²⁴). The proposal was finalized on GitHub this week.

Currently, a single transaction may potentially take all the gas of a block, leaving no space for others. This poses a threat of denial-of-service (DoS) attacks and network overloads. 

EIP-7983 limits the gas limit, which makes transactions divided into smaller, manageable chunks. This assists in enhancing network stability, enhancing zkVM compatibility, and future Ethereum scaling models.

Notably, this gas cap will be implemented at the protocol level, irrespective of the block gas limit established by validators. Transactions that consume over 16.77 million gas will automatically be rejected at the mempool and block validation levels.

But why 16.77 million? According to Buterin and Wahrstätter, it strikes the right balance between allowing complex transactions like smart contract deployments and keeping execution time predictable.

EIP-7983 follows a previous proposal, EIP-7825, which suggested a higher gas limit of 30 million. While developers supported the idea, many preferred a lower limit for improved performance.

At current prices, a full 16.77 million gas transaction would cost around $11.38, with ETH trading near $2,550 and average gas fees at 0.266 gwei, according to Etherscan.

In case of implementation, EIP-7983 may result in Ethereum being faster, safer, and more predictable to all users.

Also Read: BitMine Stock Soars 3,000% in Week After ETH Treasury Plan

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Ethereum (ETH)Vitalik Buterin
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