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@notnotstorm
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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@notnotstorm
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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