Ethereum Founder Vitalik Buterin Proposes Radical Changes for ETH! Here Are the Details…

New statements about ETH came from Ethereum founder Vitalik Buterin.

Speaking from his X account, Buterin made new suggestions regarding ETH and said that next year’s Ethereum growth model will be “more selective scaling.”

Vitalik Buterin stated that he expects Ethereum to shift from “scaling everything” to “targeted optimization” next year.

Buterin noted that overall growth in Ethereum will continue, but not all areas will scale equally.

At this point, Buterin suggested possible measures such as increasing the block gas limit fivefold while increasing the gas cost by the same amount for less efficient or inefficient transactions.

The proposal aims to directly improve network scalability and encourage more efficient use of network resources.

“We expect growth to continue next year, but we expect more targeted/less monotonous growth.

While increasing the gas limit by 5x, it will also increase gas costs by 5x for transactions that are expensive to process on-chain.”

Buterin stated that this proposal includes creating new storage slots with SSTORE, certain other SSTORE operations, precompilations (except elliptic curve ones), CALLs to large contracts, complex arithmetic instructions, and calldata.

*This is not investment advice.