How Does the ‘Gas Limit per Block’ Affect Network Capacity?
The gas limit per block sets the maximum total computational work that can be included in a single block. A higher limit allows more transactions or more complex smart contract interactions to be processed per block, increasing the network's overall throughput or capacity.
This limit is dynamically adjusted by validators.
Glossar
Computational Work
Computation ⎊ The computational work underpinning cryptocurrency derivatives, options trading, and broader financial engineering increasingly centers on high-frequency data processing and sophisticated modeling techniques.
Smart Contract Interactions
Protocol ⎊ Smart contract interactions, within cryptocurrency, options trading, and financial derivatives, represent the programmatic execution of agreements encoded on a blockchain.
Gas Limit per Block
Constraint ⎊ The Gas Limit per Block represents the maximum permissible computational work that can be included in any single block validated by the network's consensus mechanism.