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Vitalik Buterin proposes method to increase Ethereum capacity

vitalik-buterin-proposes-method-to-increase-ethereum-capacity
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Vitalik Buterin proposes method to increase Ethereum capacity

Ethereum co-founder Vitalik Buterin proposed introducing multidimensional gas pricing.

In his latest essay, Buterin proposed eliminating the limitations of the existing commission system using multidimensional gas pricing.

The network uses a peer-to-peer model in which all computing processes, including storage, data transfer, and encryption operations, are measured in a single metric, gas.

With this approach, various resources are considered as interconvertible but are not. Although the system simplifies market transactions and the calculation of commissions, it combines fundamentally different types of resources, Buterin noted.

Vitalik Buterin proposes method to increase Ethereum capacity - 1
Source: Vitalik.eth.limo

According to Buterin, mixing leads to inefficient computing power use and the potential rejection of safe blocks or, conversely, the inclusion of dangerous blocks in the blockchain.

The Ethereum co-creator proposes that moving to a multidimensional gas model may better reflect the network’s true constraints and capabilities, potentially increasing capacity without making resources more fungible.

Buterin has previously spoken about the concept of multidimensional gas, noting its implementation in the EIP-4844 update. The new type of transactions for large binary data arrays, BLOBs, added during the Dencun update significantly reduced costs for layer 2 solutions, especially those based on rollup technology. The Dencun hard fork was successfully implemented on the mainnet on March 13.