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

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Vitalik Buterin (co-founder) has set a new limit for the amount of transaction data in a block. It is intended to reduce the overall cost of transaction calls over the ETH Network.

Buterin’s PostEIP-4488 from the Ethereum Magicians forum raises concerns about high transaction fees for layer-one blockchains in rollups, as well as the time required to deploy and implement data sharding.

Cost of Ethereum gas in average. Source: Etherscan