Ethereum Needs Radical Scaling Upgrade to Avoid Relevance Decline

Ethereum researcher, Dankrad Feist, has proposed a drastic solution: increasing the gas limit by 100 times. This proposal aims to boost on-chain activity without solely relying on layer-2 solutions and could make Ethereum irrelevant within five to ten years if not implemented. Feist’s idea focuses on directly scaling the Ethereum base layer to handle more transactions, a move he argues is crucial for maintaining its dominance in decentralized finance and smart contracts. ]