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Ethereum community submits draft proposal for new gas fee framework

November 09, 2026, 3:16 AM
The Ethereum community has submitted a draft EIP-8488 proposal to introduce a new gas fee framework. The proposal would add V2 opcodes separately from existing opcodes and apply gas cost calculation standards under EIP-8037 and EIP-8038. Under the draft, newly deployed smart contracts after network activation would be allowed to use only V2 opcodes, while existing contracts would keep the current gas fee framework. It also says a V2 contract could call another contract only if the target contract is also a V2 version. The proposal is currently at an early draft stage.

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