Vitalik Buterin Proposes Reducing Costs for Private Ethereum Transactions
Vitalik Buterin has proposed the inclusion of EIP-8288 in the Ethereum update following the Hegota hard fork. The initiative aims to aggregate cryptographic proofs before transactions are included in a block. Buterin estimates this will reduce gas costs for quantum-resistant private transactions from approximately 10 million to tens of thousands of units. Additionally, the proposal is expected to simplify the integration of new digital signature types.
Summaries are written by AI from the original article. Not investment advice.