Vitalik  Introduces Multi-Dimensional Execution Gas; Some Complexity Involved

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Vitalik Buterin Unveils Ethereum

The post Vitalik  Introduces Multi-Dimensional Execution Gas; Some Complexity Involved appeared first on Coinpedia Fintech News

Vitalik Buterin, the co-founder of Ethereum, introduced multi-dimensional execution gas in his latest blog on Multidimensional Gas pricing. The gas integrates multiple types of “efforts” which included raw calculations, read and write Ethereum storage, data bandwidth, and the cost of generating ZK-SNARK proof for block generation. The EIP-4844 introduced multi-dimensional pricing for the first time in Ethereum which will reduce the cost of Rollup by 100 times, increase transaction volume by more than 3 times, and slightly increase the theoretical maximum block size. Vitalik also proposed two solutions for implementing multi-dimensional gas pricing. While he focused that it will bring some complexity at the EVM level, but the trade-off is worth it for safely improving the scalability of Ethereum L1.

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