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Vitalik Buterin proposes calldata limit per block to lower ETH gas costs -Breaking

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(ETHVitalik Buterin (co-founder) has proposed a new limit for the total transaction data in a block, to reduce the overall transaction cost over the ETH networks.

Buterin’s Previous postEIP-4488 from the Ethereum Magicians forum raises concerns about high transaction fees for Layer-1 blockchains. Rollups. It also highlights the time required to deploy and implement data sharding.

Average cost of Ethereum gas. Source: Etherscan