Ethereum ($ETH) Inventor Vitalik Buterin Proposes ‘Multidimensional Gas Pricing’

In a blog post dated May 9, 2024, Ethereum’s co-founder Vitalik Buterin introduced an innovative concept to address efficiency issues within Ethereum’s transaction processing system. His proposal revolves around the idea of “multidimensional gas pricing,” which aims to optimize how Ethereum manages and prices computational tasks. Simplifying Ethereum’s Gas Mechanism In Ethereum, “gas” refers to […]