Vitalik Buterin, co-founder of Ethereum, has proposed EIP-7983, which introduces a gas limit on individual transactions to enhance network stability and security. The proposed cap is set at 16,777,216 gas, aimed at preventing quadratic attacks and smoothing out computational workloads across the network. This change is particularly relevant as Ethereum explores the integration of zero-knowledge proofs (ZKPs) for greater scalability and privacy. Currently, Ethereum handles around 36 million gas at the block level with no individual transaction cap. Buterin asserts that enforcing this limit could improve the functionality of zkVMs (zero-knowledge virtual machines), making them more predictable and easier to manage. EIP-7983 is positioned as a proactive measure to guard against potential vulnerabilities, harkening back to the network slowdown experienced during the 2016 DAO attack. Without these limitations, the risk of uneven workloads increases, potentially sacrificing network stability. As of this writing, Ethereum's price hovers around $2,550, reflecting a modest decline over the last day, with ongoing discussions about its future direction regarding ZKPs and scalability.

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