Post by @vitalik • Hey
Multidimensional gas pricing: https://vitalik.eth.limo/general/2024/05/09/multidim.html
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The implementation of a multidimensional gas pricing system on the Ethereum network presents significant challenges that go beyond simple resource allocation. The proposal to charge more for storage operations during execution and refund part of that value at the end of the transaction illustrates the need to rethink not only the pricing structure but also the refund logic and cost calculation. This implies a fundamental shift in how transactions are processed and how resources are allocated and managed on the blockchain. Furthermore, the potential incompatibility with existing applications underscores the importance of considering not only the efficiency and scalability of the system but also interoperability and the ability to update without disrupting the functioning of running applications. Balancing innovation with stability and compatibility highlights the challenges faced by protocol developers and architects when seeking significant improvements in Ethereum's infrastructure. In summary, the transition to a multidimensional gas pricing system is not just a matter of adjusting parameters but rather a profound transformation that requires a careful and comprehensive approach to ensure technical feasibility and acceptance by the Ethereum developer and user community.
you had me at multi dimensional
Vitalik, read some Marx and be inspired please.
50 $ 00
Gn boss.