|

Ethereum security revolution coming? Vitalik Buterin drops bold proposal

  • Ethereum creator Vitalik Buterin has proposed a gas cap per transaction to boost the chain’s security.
  • Ethereum could become safer, more stable, and ready for institutional use cases. 
  • The proposed upgrade does not have a major impact on existing users and supports existing dApps. 

Ethereum co-founder Vitalik Buterin has proposed an improvement to the blockchain to boost Ether’s network security. Buterin plans to cap each Ethereum transaction at 16.77 million gas and reduce the risk of attacks on the blockchain. 

Buterin’s proposal aims to address Ethereum network issues like optimizing compatibility for roll-ups and parallel execution efficiency. The proposal, EIP-7983 is currently in the draft stage. 

Ethereum security boost incoming?

Ethereum could see a boost in its security if there is a lower risk of Denial of Service (DoS attack) and the stability of the chain is improved. Buterin proposes to improve this and the performance of the chain through an Ethereum Improvement Proposal (EIP) labeled EIP-7983

In short, EIP-7983 attempts to improve predictability in transaction execution and builds on prior efforts like a proposal to limit maximum gas usage to 30 million, EIP-7825. EIP-7983 calls for halving the maximum gas usage and sets a cap of 16.77 million gas units for each Ethereum transaction, and the barrier will have no impact on the majority of users. 

The proposed cap is large enough to cover the needs of decentralized applications on the Ethereum blockchain. 

Currently, a single transaction on the Ethereum blockchain could consume the entire capacity of a block. Attackers could exploit this vulnerability in the chain and make the network unstable and unpredictable. 

Vitalik’s proposal calls for a better distribution of resources on the Ethereum blockchain. The new cap is like a stricter rule and will help resist attacks from malicious entities. The blockchain will simply reject any transaction that exceeds the cap and effectively change the logic that secures the Ethereum chain. 

Toni Wahrstätter, a researcher at the Applied Research Group (ARG) of the Ethereum Foundation, is the co-author of the proposal. Wahrstätter notes that the new rule is not expected to disrupt a majority of the transactions that already consume far less gas. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

More from Ekta Mourya
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe recover, echoing Bitcoin rebound

Dogecoin, Shiba Inu, and Pepe are trading mixed as Bitcoin records minor gains on Monday, warming sentiment across the broader cryptocurrency market. Still, the incipient recovery in Dogecoin, Shiba Inu, and Pepe remains fragile amid the prevailing downtrend.

Bitcoin consolidates as downside risks persist

Bitcoin has made only three wave rallies from the November lows, which is one of the most important indications that more weakness may still lie ahead.

Polkadot's (DOT) dips, with token underperforming wider crypto markets

DOT $1.8269 fell 2% to $1.84 over the last 24 hours. Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to CoinDesk Research's technical analysis model.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.