⚡ ETHEREUM WANTS TO CHANGE GAS WITHOUT BREAKING ANYTHING 🔧
I just saw that Ethereum developers presented two proposals to make sure the next upgrade, Glamsterdam, doesn’t break apps that already hold users’ money. The problem is that the upgrade would increase gas costs, and around 200,000 contracts could be affected.
Gas is the fee paid for each step a contract takes—the program behind an app on Ethereum. One proposal, EIP-8488, would let old contracts keep the same rules, while only new ones would pay the new rates. The other would charge everyone the new rates, but without changing how old contracts work. For now, these are just drafts; nothing has been approved.
Opinion: I think it’s good that they’re thinking twice before changing something that holds so many people’s money. An upgrade shouldn’t leave apps that already work stranded.
Do you think Ethereum should prioritize making usage cheaper, or leave everything that already works untouched? $ETH #Ethereum
I just saw that Ethereum developers presented two proposals to make sure the next upgrade, Glamsterdam, doesn’t break apps that already hold users’ money. The problem is that the upgrade would increase gas costs, and around 200,000 contracts could be affected.
Gas is the fee paid for each step a contract takes—the program behind an app on Ethereum. One proposal, EIP-8488, would let old contracts keep the same rules, while only new ones would pay the new rates. The other would charge everyone the new rates, but without changing how old contracts work. For now, these are just drafts; nothing has been approved.
Opinion: I think it’s good that they’re thinking twice before changing something that holds so many people’s money. An upgrade shouldn’t leave apps that already work stranded.
Do you think Ethereum should prioritize making usage cheaper, or leave everything that already works untouched? $ETH #Ethereum
