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EIP-7904: How Ethereum is Fixing Compute Gas Costs for Scalability with Jacek & Maria | PEEPanEIP159
Season 1 Β· Episode 159

EIP-7904: How Ethereum is Fixing Compute Gas Costs for Scalability with Jacek & Maria | PEEPanEIP159

ECH Institute Podcast Β· ECH Institute Inc.

March 25, 202654m 39s

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Show Notes

In this episode, we explore the complexities behind Ethereum's gas pricing, focusing on the proposal EIP 7904, which aims to adjust compute gas costs for a more efficient and secure network. Our guests, Yacek Glen and Maria, share insights from their research, the importance of benchmarking, and how these changes could shape Ethereum's future.

πŸ“„ ERC Reference
EIP-7904: https://eips.ethereum.org/EIPS/eip-7904
Discussion Thread:

🎬 Related Content
Presentation:
PEEPanEIP Playlist: https://youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F&si=vjvMSEoS4yNle8YM

πŸ‘₯ Featuring
Guest Speaker:
Jacek Glen - https://twitter.com/jacekglen
Maria Silva - https://twitter.com/misilva73

ECH Institute Team
Host: Pooja Ranjan – https://twitter.com/poojaranjan19
Podcast Production: Akash – https://twitter.com/lookupforsky
Coordinator: Meenakshi – https://twitter.com/MeenakshiS30133

πŸ’Έ Support ECH Institute
Donate: https://www.ethcatherders.com/donate

πŸ•’ Chapters
00:00 – Episode Highlights
01:27 – Introduction
02:35 – Speaker Introductions
06:24 – Presentation Start
07:47 – Why Update the Gas Schedule? Network security and node operator rewards.
09:28 – Methodology.
12:18 – Testing Methods.
15:13 – Comparing EVM Clients.
17:50 – Evolution of the Proposal: From "Revolutionary" to "Conservative" adjustments.
19:50 – Identifying Problematic Operations: Point evaluation pre-compiles and EIP-7904 specifics.
22:32 – Future Tools: Ethereum Benchmarking Suite and automated measurements.
24:11 – Q&A: Why is this gas repricing happening now?
27:34 – Uniqueness of EIP-7904: Solving the throughput bottleneck for Glamsterdam.
32:22 – Standardizing Benchmarking: Moving toward automated gas price collection.
35:10 – Testing Roadmap: DevNets, block-level access lists, and final numbers (April 2025).
39:20 – Impact Analysis: Which smart contracts will feel the impact of EIP-7904?
41:38 – L1 Roadmap: How compute pricing changes will affect Layer 1 viability.
44:03 – The Multi-Dimensional Gas Future: State creation and resource limits.
48:54 – Rapid Fire Round: Scalability, end-user benefits, and misconceptions.
52:43 – Final Summary: EIP-7904 in one minute.
53:44 – Closing Remarks: How to participate in the ETH Magicians discussion.

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#EIP7904 #Ethereum #PEEPanEIP #Gas