Ethereum [ETH] Unaffected by Gas Limit Increase by Miners: Research
Ethereum [ETH] Unaffected by Gas Limit Increase by Miners: Research
As the fees of Ethereum transactions were increasing across the board, the miners decided to increase the GAS limit from 12 M to 12.5 M, a 4% rise. Ths research paper by Barnabe Monnot, an independent researcher, attempts to study the effect of the change on the network and by extension estimating Ethereum and Bitcoin’s elasticity demand.
The Elasticity of Bitcoin and Ethereum
The price…
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