CoinScoopVitalik Buterin proposes 99% cost reduction for quantum-resistant privacy transactions
Ethereum co-founder Vitalik Buterin introduced EIP-8288, a proposal aimed at significantly reducing gas fees for quantum-resistant signatures and privacy transactions. The mechanism, which could lower costs to the tens of thousands of gas range, is being considered for the upcoming 'I-star' upgrade.
Summaries are written by AI from the original article. Not investment advice.