• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Vitalik Buterin's Proposal for 'Multidimensional Gas Pricing' in Ethereum

user avatar

by Giorgi Kostiuk

2 years ago


The founder of Ethereum, Vitalik Buterin, introduces a new concept called 'Multidimensional Gas Pricing' to address existing weaknesses in the network. The current system of Ethereum involves bundling all resources into a single Gas dimension, which has proven to be inefficient and cause resource management challenges.

To rectify these inefficiencies, Buterin presents EIP-4844, which proposes the implementation of multidimensional pricing for the first time. This proposal aims to incorporate a Blob data area to lower rollup costs and enhance transaction volume.

Furthermore, Buterin highlights the problem of state size growth and suggests the introduction of separate gas dimensions for operations that contribute to this growth. However, he acknowledges the challenges associated with setting gas fee limits during sub-calls, emphasizing the importance of careful planning when implementing multidimensional pricing.

Despite the potential advantages of this proposal, Buterin acknowledges the complexity and challenges involved in its execution. He stresses the necessity of weighing scalability gains against protocol economics.

In conclusion, Buterin's proposal urges further exploration and fine-tuning, with recognition for the possibility of more refined solutions in the future. This ongoing evolution of Ethereum underscores the critical need for finding a harmonious balance between scalability, efficiency, and sophistication for both protocol and application developers.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Changpeng Zhao Acknowledges Retail Trader Strategies in Viral Tweet

chest

Changpeng Zhao acknowledges the limitations of the buy-and-hold strategy for cryptocurrencies, aligning with retail trader strategies.

user avatarJacob Williams

Port3 Network Announces Token Migration Following Security Breach

chest

Port3 Network is implementing a token migration plan after a security breach in November 2025 that allowed unauthorized token minting.

user avatarAyman Ben Youssef

Delaware Court Allows Insider Trading Lawsuit Against Coinbase Directors to Proceed

chest

A Delaware judge has allowed a lawsuit against Coinbase directors for insider trading to proceed, despite an internal investigation clearing them. The lawsuit claims CEO Brian Armstrong and board member Marc Andreessen used confidential information to avoid over $1 billion in losses during Coinbase's 2021 direct listing.

user avatarTando Nkube

Ethereum Developers Reactivate DAO Funds as Security Reserve

chest

Ethereum developers have reactivated over 100 million worth of unclaimed tokens from The DAO hack of 2016, converting them into a security reserve.

user avatarNguyen Van Long

Aster Price Below Key Moving Average

chest

Aster price remains below the 50-day simple moving average, indicating a lack of control from buyers.

user avatarKofi Adjeman

Concerns Rise Over Economic Impact of Immigration Policy Changes

chest

Concerns rise over the economic impact of immigration policy changes.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.