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Cryptocurrency8 hours ago (Nov 28, 2021 04:40AM ET)

Vitalik Buterin proposes calldata limit per block to lower ETH gas costs © Reuters

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-one blockchains for rollups and the considerable amount of time to implement and deploy data sharding:

Average Ethereum gas cost. Source: Etherscan

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