Vitalik Buterin Proposes Ethereum Gas Cap to Potentially Enhance Security and zkVM Compatibility

Key Points

1. EIP-7983 aims to set a strict cap of 16.77 million gas per transaction to prevent denial-of-service (DoS) attacks and unpredictable network behavior.

2. The proposal seeks to improve compatibility with zero-knowledge virtual machines (zkVMs) by enforcing a manageable gas limit for smoother execution.

3. The cap aligns with Ethereum's protocol for advanced DeFi and contract deployments, without affecting the overall block gas limit set by miners and validators.

4. Vitalik Buterin advocates for a streamlined Ethereum base protocol, inspired by Bitcoin's minimalist design, to improve efficiency and security.

5. EIP-7983 represents a strategic step to balance innovation with network stability, safeguarding against abuse while fostering zkVM compatibility and smart contract development.