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🚀 Ethereum Foundation Announces Gas Fee Cap Ahead of Fusaka Hard Fork

According to PANews, the Ethereum Foundation has announced a significant update in its official blog regarding the upcoming Fusaka hard fork. The update introduces EIP-7825, which sets a gas fee cap for each transaction at 2 to the power of 24, approximately 16.78 million gas. This change has already been implemented on the Holesky and Sepolia test networks and will be activated on the mainnet during the Fusaka hard fork. Developers and users who rely on large transactions are advised to verify that their contracts and transaction-building tools comply with the new cap requirements.

#Ethereum #EthereumFoundation #GasFeeCap #FusakaHardFork #EIP7825 #Blockchain #Cryptocurrency #Mainnet #TestNetwork #Holesky #Sepolia #Transaction