ethereum co-founder Vitalik Buterin proposed introducing multi-dimensional gas pricing.
In eth.limo/general/2024/05/09/multidim.html” target=”_blank” rel=””>his last essayButerin proposed removing the limitations of the existing commission system through 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, several resources are considered interconvertible but are not. Although the system simplifies market transactions and commission calculations, it combines fundamentally different types of resources, Buterin noted.
<img decoding="async" width="1024" height="765" src="https://crypto.news/app/uploads/2024/05/Screenshot-2024-05-09-at-18.22.07-1024×765.png” alt=”Vitalik Buterin proposes a method to increase ethereum capacity – 1″/>
According to Buterin, the mixture leads to inefficient use of computing power and the possible rejection of safe blocks or, conversely, the inclusion of dangerous blocks in the blockchain.
The co-creator of ethereum proposes that moving to a multidimensional gas model can better reflect the true limitations and capabilities of the network, potentially increasing capacity without making resources more fungible.
Buterin previously spoke about the multidimensional gas concept and highlighted its implementation in the EIP-4844 update. The new type of transactions for large binary data sets, BLOB, added during the Dencun upgrade significantly reduced the costs of layer 2 solutions, especially those based on rollup technology. The Dencun hard fork was successfully deployed to the mainnet on March 13.
