Vitalik Buterin, the co-founder of Ethereum (CRYPTO: ETH), has put forward a proposal to increase the Ethereum block gas limit by a substantial margin, which could augment the network’s capabilities. What Happened: According to a report by The Block, Buterin, during a Reddit AMA session, proposed an increase of the Ethereum block gas limit by 33.3%, which would raise it from the current 30 million to 40 million units of gas. Such a move would enable more transactions to be carried out within every Ethereum block, thereby enhancing the network’s capacity. Buterin during the AMA said that the ex…

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