Quantcast

Co-founder of Ethereum: 'Almost exactly 50% of stake is voting to increase the L1 gas limit'

It's the first institutional investment in the crypto exchange and the investment was made in an unnamed stablecoin, Binance said.
US CPI Inflation Drops to 2.8%: Is Bitcoin About to Explode Again?
Business founder on Binance France allegations: 'What is this madness?'
Indian authorities arrest alleged Garantex founder for US extradition
Trump’s crypto summit ‘not going to have anything on taxes’ — White House official
Bitcoin: USA could sell gold to finance its strategic BTC reserve
Lawmaker of Japanese LDP on crypto regulation: We will classify 'Crypto assets as a new asset class'
Tom Lee Predicts Market Bottom This Week, Still Sees Bitcoin Closing the Year at $150K
IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador
Bitcoin: Michael Saylor's company pauses BTC purchases
Head of law enforcement training at Binance: We need 'a unified approach between law enforcement and industry leaders'
Bitcoin Sell-Off Could Be a Textbook 'Breakout and Retest' Play: Godbole
CEO of Binance on crypto market turbulence: 'A tactical retreat, not a reversal'
Bybit hack forensics show SafeWallet compromise led to stolen funds
Bitcoin News: U.S. Spot Bitcoin ETFs See Record Single-Day Outflow of Over $900M as Carry Trades Yield Less Than the 10-Year Treasury Note
How DeFAI can scale safely in the age of AI
CZ unveils crypto investment portfolio with a 98.5% allocation to BNB, 1.3% to BTC
New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis
SEC Launches Fraud Unit That Exploits Crypto, AI Enthusiasm
CZ on aid for Argentinian rug pull victims: 'Sent 150 BNB. Good luck'
CEO of AUSTRAC on non-AML compliant crypto exchanges: They 'can expect to hear from us'
Memecoin LIBRA in Argentina: A look back at a future state scandal? Crypto Dossier
U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein
Governor of Bank of Italy: Crypto 'regulatory divergences between the U.S. and Europe will need to be carefully assessed'
Blockchain Wars: BNB Chain Overtakes Solana and Ethereum in Daily Fees
Former prosecutor of DOJ: The corporate monitorship system is 'in dire need of reform'
CEO of Crypto Council for Innovation: 'SEC initiated more than 125 enforcement actions' but issued 'no clear guidance or rulemakings'
District Judge on Coinbase lawsuit: Coinbase 'sells digital assets qualifying as "securities" without registering with' SEC
Bitcoin: Michael Saylor and Strategy add 7,633 BTC to their treasury
USDC hits $56.3B market cap, regains losses from bear market
Co-founder of Ethereum: 'Almost exactly 50% of stake is voting to increase the L1 gas limit'
Web3/Crypto
Webp vitalik buterin cofounder for ethereum
Vitalik Buterin, Co-founder for Ethereum | Linkedin

Vitalik Buterin, co-founder of Ethereum, has said that approximately half of the network's stake supports an increase in the Ethereum Layer 1 (L1) gas limit. This statement was made on the social media platform X.

"Almost exactly 50% of stake is voting to increase the L1 gas limit to 45m," said Buterin. "The gas limit is already starting to increase, now at 37.3m."

According to The Block, the current debate surrounding Ethereum’s L1 gas limit policy focuses on a proposal to raise the gas limit to enhance transaction throughput. Proponents argue for scalability and reduced fees, while critics express concerns about potential centralization risks and increased hardware demands for validators. These discussions reflect broader issues regarding the balance between efficiency and decentralization.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

As reported by Etherscan, Ethereum’s L1 gas limit as of July 2024 is set at 40 million units per block, an increase from 30 million in 2021. Historical data indicates steady increases as the network adapts to higher transaction volumes and broader adoption of smart contracts and decentralized applications.

According to Dune Analytics, over 23 million ETH—approximately 19% of total supply—was staked on Ethereum by July 2024. More than one million active validators are participating in network security and governance, demonstrating growing community engagement with Ethereum’s proof-of-stake protocol.

As detailed by the Ethereum Foundation, Vitalik Buterin is a Russian-Canadian programmer who co-founded Ethereum in 2015 at age 21 after working at Bitcoin Magazine. He remains a leading researcher, advocate, and thought leader in the blockchain space.

According to Ethereum.org, Ethereum was launched in 2015 with the mission to create a decentralized platform for smart contracts and open financial applications. It operates on a proof-of-stake model with technical governance managed by core developers, node operators, and community stakeholders in an open-source, decentralized manner.

Organizations Included in this History
More News

The Australian Securities and Investments Commission (ASIC) has issued a warning to investors regarding unlicensed crypto asset futures products offered by Bitget, as said in a public announcement.

Jul 29, 2025

Binance has announced an expansion of its institutional off-exchange settlement services, introducing support for two tokenized real-world assets, USYC and cUSDO, which can now be pledged as collateral.

Jul 28, 2025

Vitalik Buterin, co-founder of Ethereum, has said that approximately half of the network's stake supports an increase in the Ethereum Layer 1 (L1) gas limit.

Jul 28, 2025

Michael Saylor, executive chairman of Strategy, formerly known as MicroStrategy, announced on X that the company’s bitcoin holdings increased by 6,220 BTC, resulting in a year-to-date yield of 20.8 percent for 2025.

Jul 28, 2025

Changpeng Zhao, founder of Binance, indicated that interest in altcoins might be on the rise as CoinMarketCap's Alt Season Index shows an upward trend.

Jul 28, 2025

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025