Ethereum co-founder Vitalik Buterin and developer Anders Elowsson introduced EIP-7999, a proposal aiming to simplify Ethereum’s fee structure.
The plan suggests a unified fee market, allowing users to set a single aggregate fee across multiple resources rather than separate values for gas, computation, and storage.
This would make transactions simpler and more predictable, especially for average users. The proposal is currently open for community discussion and review.
Ethereum has faced ongoing criticism for its fee system, especially since 2017, when network congestion spiked due to increased DApp usage.
The issue worsened in 2021 during the DeFi and NFT booms, when gas fees sometimes exceeded $50 per transaction.
While EIP-1559 introduced base fee burning and brought partial relief, it didn’t solve fee volatility completely. EIP-7999 could address this gap by offering a more streamlined, user-friendly solution.
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