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Ethereum developments on holesky test network march 20, 2025

Yesterday in Ethereum | Nethermind Tests New Gas Limits Amid Changes

By

Olivier Dubois

Mar 24, 2025, 02:21 PM

2 minutes reading time

A digital representation of the Ethereum Holesky Test Network showcasing block capacities and validator performances
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A growing discussion is taking place in the Ethereum community as Nethermind tests a 60 million gas limit on the Holesky test network. This move has sparked debates about potential adjustments on the mainnet that could impact a wide range of users.

Whatโ€™s Happening? Nethermind, an Ethereum development firm, is exploring a gas limit increase, currently set at 36 million per block. While they are open to suggestions about the new cap, any changes will be made carefully. โ€œOn mainnet, we will discuss it and suggest increasing, but a bit slower,โ€ sources confirm from the firm.

On another front, the Beam Chain aims to overhaul Ethereum's consensus layer, with expectations for a multi-year transition. The Ethereum community can now track this significant progress through an official website established for the initiative.

In related news, Coinbaseโ€™s recent Ethereum Validator Performance Report reveals that the firm operates approximately 11.4% of validators in the ecosystem, a surprising figure previously unknown to many. Just a little ahead, Lido maintains a larger stake at 27.2%, marking a decrease from its peak.

Community Concerns and Perspectives

everyone's buzzing about the best staking options, with some users weighing in on the risks linked to centralized stablecoins. One sharp comment pointed out how "this level of interconnectedness means that any irregular state change would have near-intractable ripple effects.โ€ Interestingly, this sentiment resonates with community members who express concerns about the ever-growing power of professional stakers.

The discussion around staking methods is particularly lively, with suggestions to seek higher returns through avenues like Kelp's amazing managed vaults.

Key Community Insights

  1. Staking Concerns: Users worry that larger entities may raise gas limits, pushing out smaller stakers.

  2. Risk Awareness: Thereโ€™s an understood undercurrent about centralized stablecoins becoming too dominant.

  3. Validation Stakes: Many users are now more informed about validator performance, sparking further queries about staking methods.

โ€œThis level of interconnectedness means any irregular state change would have ripple effects.โ€

The Vibe: Overall, the sentiment is a mix of curiosity and caution. Many are eager to learn more about improving staking yields while others remain skeptical about changes impacting the network stability.

Key Takeaways

  • โ–ณ 60 million gas limit testing underway, weighing potential impacts on the mainnet.

  • โ–ฝ Coinbase operates 11.4% of validators; remains crucial to ecosystem stability.

  • โ€ป โ€œI wish I would have understood this but I didnโ€™t.โ€ - typical community response point.

Whatโ€™s Next? As discussions unfold, community members are encouraged to ask questions and engage with one another. The trajectory of gas limits and validator adjustments could shape the future of Ethereum.