Block gas limit is the maximum amount of gas that can be used in a block on a blockchain network. Gas is a unit used to measure the computational work required to execute operations on the network. Therefore, the block gas limit determines the capacity of a block to process transactions and smart contracts.
Miners on the network set the block gas limit, and it can be adjusted over time based on network congestion and demand. If the block gas limit is too low, it can lead to delays in transaction processing and increased fees as users compete for limited space in each block. On the other hand, if the block gas limit is set too high, it can potentially create network instability and increase the risk of network attacks.
Overall, the block gas limit plays a crucial role in determining the efficiency and scalability of a blockchain network by balancing the need for speed and security in processing transactions. It is an important parameter that helps maintain the stability and functionality of the network.
