Vitalik Buterin’s proposal aims to review the Ethereum gas model; Understand

In a new proposal, Ethereum (ETH) co-founder Vitalik Buterin recently highlighted a new network improvement protocol, EIP-7706, focusing on a new specific gas model that targets transaction call data. Currently, there are two types of gas fees for ETH-based transactions: one for transaction execution and one for storage.

Buterin’s recently revealed proposal, EIP-7706, targets a third form of gas intended exclusively for call data, suggesting that the blockchain will allocate a charge to data transferred during transactions.

According to the official document, the gas model proposed by the founder of Ethereum will add a transaction type that will provide max_basefee and priority_fee as a vector. “Add a new gas type for transaction call data. Add a new transaction type that provides max_basefee and priority_fee as a vector, providing values ​​for execution gas, blob gas, and calldata gas. Modify the base rate adjustment to use the same mechanism for all three types of gas,” he wrote in the proposal.

In its justification for the proposal, the paper highlighted: “A key argument against increasing the Ethereum gas limit, making calling data cheaper, or increasing the EIP-4844 blob count before technologies like PeerDAS become available, is that the theoretical maximum size of an Ethereum block is already very large and we cannot afford to increase this further.”

Furthermore, the document explained that the proposed EIP also introduces a new transaction type that includes the three types of maximum base fees and priority fees as a vector, allowing the same code paths to handle all three types of gas.

“We also do base rate tuning, which currently uses separate mechanisms for run gas (introduced in EIP-1559) and blobs (introduced in EIP-4844), using the same approach for all three gas types. This simplifies the base rate adjustment rules and ensures that the stronger mathematical properties of the latest EIP-4844 base rate adjustment algorithm cover all three gas types.”

It is worth remembering that, recently, the creator of Ethereum, Vitalik Buterin, together with developers Ansgar Dietrichs, Barnabe Monnot and Davide Crapis, introduced a new proposal that promises to transform the way gas fees are calculated on the Ethereum network. Entitled “multidimensional gas”, this concept aims to solve the inefficiencies of the current one-dimensional gas system, which cannot differentiate between the different types of computational resources used during transactions.

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