The Ethereum network is moving towards a new technical milestone with Glamsterdam. This development is attracting the attention of developers because it could change resource management and transaction costs. As the work progresses, the network is preparing a significant increase in its capacity, with a clear objective: to better absorb the activity without weakening its internal balance.
In brief
- Ethereum could more than triple its execution capacity with Glamsterdam.
- The gas limit would increase from around 60 million to almost 200 million.
- EIP-8037 aims to better regulate state creation despite higher throughput.
- If demand remains stable, mainnet fees could remain very low.
Ethereum prepares a sharp increase in its capacity
Ethereum is moving forward with the Glamsterdam update, which puts mainnet capacity at the heart of the work. It aims to improve the processing of transactions, while preserving the technical balance of the protocol. This dynamic also occurs in a context of maturity, as the network has just crossed the milestone of 25 million blocks validated since its launch.
According to Hasu, advisor at Lido, Ethereum's gas limit would increase from around 60 million today to almost 200 million after Glamsterdam. This increase would more than triple Layer 1 execution capacity.
This increase would provide more space for decentralized transactions and applications. Then, the capacity could double again shortly after, which would further strengthen the network's potential.
However, Ethereum is not just looking to increase its throughput. The network must also limit the growth in the size of the state, which groups together permanently stored data.
Glamsterdam could bring mainnet fees closer to zero
The Glamsterdam update notably relies on EIP-8037, a proposal that increases the cost of gas for state creation. This adjustment aims to make writing new reports more expensive.
Thus, Ethereum could raise its gas limit without encouraging unlimited expansion of network data. This approach seeks a balance between higher throughput and technical stability.
According to Hasu, if demand does not increase in the same proportions, mainnet fees could remain near zero for several years.
The update also changes the way certain operations are priced. In this context, the Ethereum ecosystem seeks to better manage load, block construction and resource costs.
The developers are moving forward on the hard fork of the update
Ethereum developers recently worked on this upgrade during an intensive session in Longyearbyen, Svalbard. More than 100 main contributors participated in these technical exchanges.
They have made progress on three major points. First, they converged on a minimum threshold of 200 million for the gas limit after Glamsterdam. Then, they stabilized ePBS implementations working with external tools. Finally, they validated the price revaluation figures related to EIP-8037.
In addition, Ethereum is also moving forward on features related to Hegotá, such as FOCIL and native account abstraction. These elements contribute to the overall evolution of the network.
Raising the gas limit remains a multidimensional challenge. Glamsterdam deals in particular with the construction of the blocks, the management of the load on the customer side and the evolution of costs according to the flow.
In short, Glamsterdam marks a major breakthrough for Ethereum. Despite certain criticisms linked to the management of Ether and its ecosystem, the network is banking on a significant increase in its capacity to streamline activity and sustainably reduce costs. This development could strengthen the attractiveness of layer 1, provided that a solid balance between performance, costs and decentralization is preserved.
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