system for charging transaction fees from its users, the network’s chief architect Vitalik Buterin argued in a widely circulated essay published Thursday.more customized and equitable system, immediately garnered reactions from two principal groups: Ethereum users, who expressed their excitement at the prospect of lower fees on the network’s costly mainnet; and Solana users and developers, who noticed that Buterin’s proposal sounded an awful lot like the Solana network’s own fee model.“It’s certainly a Solana-esque approach,” Mert Mumtaz, a Buterin’s “multidimensional gas fees” proposal to Solana’s “local fee markets”? https://t.co/OUei1Pd2ks— toly | bip-420 (@aeyakovenko) May 9, 2024GasIn some ways, Solana’s current gas fee structure Solana currently operates on a For example, a spike in gas fees induced by a hot Solana NFT mint should only impact users who are interacting with that project—users elsewhere across the entire Solana network should be unaffected. (But Solana’s setup makes a clear contrast to Ethereum—where demand for wildly popular NFTs has previously Ethereum is in its Solana era https://t.co/hGfLU3zqPP— Alex Kroeger (@alex_kroeger) May 9, 2024did he just copy this off solana— willo (@willo_0x) May 9, 2024Ethereum Solana— Sam Ragsdale (@samrags_) May 9, 2024The “multidimensional gas fees” concept proposed by Vitalik Buterin does seek to make Ethereum transaction costs more equitable. But it doesn’t appear to outline a boutique system like Solana’s, in which every individual project on Ethereum would become its own siloed gas ecosystem. Instead, multidimensional gas on Ethereum would only distinguish between different macro categories of effort required to complete network transactions, Ethereum core developer Marius Van Der Wijden told Per Buterin, Ethereum’s Dencun upgrade, which went live At a macro level, expanding multidimensional gas to differentiate between more computational categories might improve Ethereum’s efficiency, and in Buterin’s view, significantly increase scalability of the network’s mainnet. But it likely wouldn’t insulate Ethereum users from spikes in network volatility induced by trending projects—it’s not that boutique in design.So, all that is to say: Solana and Ethereum maximalists, fear not. There will still be plenty of differences to pick apart.Edited by Andrew Hayward
