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new research from @paradigm: How to Raise the Gas Limit ⛽⛽ lots of people want to raise the gas limit, but so far most of the discourse has lacked detailed quantitative evidence. that ends today. we are making the scientific case for scaling Ethereum using ultra-high-res data

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read full post or keep reading below for the key takeaways https://www.paradigm.xyz/2024/03/how-to-raise-the-gas-limit-1

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gameplan: the gas limit touches all aspects of Ethereum scaling. this is too much to tackle all at once so we break the topic into multiple parts: - part 1 = state growth - part 2 = history growth - part 3 = state accesss - part 4 = gas limit today is part 1

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we start with state growth many ppl say that state growth is the main bottleneck for scaling Ethereum but it’s often unclear what is meant by this claim - how much state growth is happening? - what amount of state growth is ok? - what do you even mean by “state growth”? 🤔🤔🤔

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for Ethereum to reach global scale, we need data-driven answers to all of these questions

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in today's article we quantify the total amount of state held by each Ethereum contract and categorize the contracts hierarchically visualizing this hierarchy shows how much of Ethereum’s state is used by different categories like tokens, infrastructure, games, and defi

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you can learn a lot about Ethereum by staring at this graph for example a huge portion of state is dormant, taken up by dead protocols also, the majority of state is occupied by user token balances

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the chart is interactive in the article you should click around and see if you can find your favorite protocols paradigm.xyz//2024/03/how-to-raise-the-gas-limit-1

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we can also look at how state growth rates have been evolving over time surprisingly, state growth is currently the lowest it’s been since 2021. this is mostly due to a decline in nft activity (double click the legend to zoom)

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from these state growth rates we can project how much “state growth runway” is left for Ethereum nodes using modern consumer hardware it turns out that current hardware can sustain these state growth rates for at least a decade

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from this result, alongside upcoming improvements to Ethereum’s architecture, we do not expect state growth to be a significant bottleneck for Ethereum scaling in the short, medium, or long term

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however, state growth is NOT the only bottleneck that limits scaling Ethereum each bottleneck must be analyzed according to its own particular hardware constraints we intend to do just that in future work

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we have significantly more data to share in the coming weeks if you are excited about research in Ethereum scaling, reach out to me or georgios. we’d love to hear about how you are thinking about the problem and potentially collaborate

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we received a ton of helpful feedback while writing this post major thank you to @tim @karalabe.eth Guillaume Ballet @banteg @ralexstokes @jessepollak @toniw.eth @patrickogrady @lightclient @ansgar.eth @frankieislost @danrobinson @matthuang Doug Feagin

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