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Cryptocurrency News Articles

Base Layer 2 Network Poised to Significantly Increase Gas Target to 10MGas per Second on July 30

Jul 30, 2024 at 04:08 pm

This upgrade, termed “Exodus,” follows a recent target adjustment to 9.375MGas/sec and is expected to drive further innovation while attracting more developers.

Base Layer 2 Network Poised to Significantly Increase Gas Target to 10MGas per Second on July 30

Base, an Ethereum layer 2 network, is preparing to increase its gas target to 10MGas per second on July 30, a substantial adjustment that will enhance its transaction processing capabilities.

This upgrade, dubbed “Exodus,” follows a recent adjustment to 9.375MGas/sec and is expected to drive further innovation while attracting more developers. Jesse Pollak, a key figure at Base, shared the news on Twitter, noting that this adjustment will propel the network into the double digits for gas targets.

The move comes as Base has already achieved a significant rise in its transaction throughput, surpassing 50 transactions per second (TPS) for the first time. This increased capacity is anticipated to support more extensive and efficient network activities, addressing the growing demand for scalable blockchain solutions.

In preparation for the upgrade, Base is advising node operators to enhance their infrastructure to ensure optimal performance at the higher gas target.

The Exodus upgrade reflects Base's commitment to improving its network's efficiency and scalability. By enhancing its gas target, Base aims to provide a more robust platform for decentralized applications and smart contracts, further solidifying its position within the Ethereum ecosystem.

Original source:cryptodnes

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