Vitalik Buterin, one of the founders of Ethereum, has put forward a revolutionary idea of introducing multidimensional gas pricing in a recent publication. This proposal aims to eliminate the current limitations of the commission system by using a multidimensional approach to gas pricing.
In the Ethereum network, all computing processes such as storage, data transfer, and encryption operations are measured using a single metric known as gas. While this system simplifies market transactions and commission calculations, Buterin points out that it combines different types of resources, leading to inefficiencies in computing power utilization. This could result in either the rejection of safe blocks or the inclusion of dangerous blocks in the blockchain.
Buterin suggests that transitioning to a multidimensional gas model could better represent the network’s true constraints and capabilities, potentially increasing capacity without compromising the fungibility of resources. This concept has already been implemented in the EIP-4844 update, which introduced new transaction types for handling large binary data arrays called BLOBs. These updates, along with the Dencun hard fork that occurred on March 13, have significantly reduced costs for layer 2 solutions, particularly those based on rollup technology.
By proposing these upgrades, Buterin aims to enhance the efficiency and scalability of the Ethereum network, paving the way for a more robust and versatile blockchain ecosystem.