TLDR Vitalik Buterin has proposed an on-chain gas futures market to address Ethereum’s unpredictable transaction fees. The proposal allows users to lock in gas prices for future transactions, offering cost certainty. Futures contracts will be traded directly on-chain, with prices reflecting anticipated network demand. The new market builds on Ethereum’s EIP-1559 and aims to enhance [...] The post Vitalik Buterin Unveils a New Ethereum Proposal to Lock in Gas Fees appeared first on CoinCentral.TLDR Vitalik Buterin has proposed an on-chain gas futures market to address Ethereum’s unpredictable transaction fees. The proposal allows users to lock in gas prices for future transactions, offering cost certainty. Futures contracts will be traded directly on-chain, with prices reflecting anticipated network demand. The new market builds on Ethereum’s EIP-1559 and aims to enhance [...] The post Vitalik Buterin Unveils a New Ethereum Proposal to Lock in Gas Fees appeared first on CoinCentral.

Vitalik Buterin Unveils a New Ethereum Proposal to Lock in Gas Fees

2025/12/08 23:11

TLDR

  • Vitalik Buterin has proposed an on-chain gas futures market to address Ethereum’s unpredictable transaction fees.
  • The proposal allows users to lock in gas prices for future transactions, offering cost certainty.
  • Futures contracts will be traded directly on-chain, with prices reflecting anticipated network demand.
  • The new market builds on Ethereum’s EIP-1559 and aims to enhance transaction fee predictability.
  • High-volume users such as exchanges, wallets, and rollups would benefit from this stable pricing system.

Ethereum co-founder Vitalik Buterin has proposed a new on-chain gas futures market to make transaction fees more predictable. The initiative aims to help high-volume users and enterprises lock in gas prices ahead of time. Buterin unveiled the proposal to address the unpredictability of Ethereum’s transaction fees.

The new market would allow users to buy gas at a fixed price for future transactions. This would replace the need to pay variable fees, which fluctuate based on real-time network congestion. Users can lock in their prices, creating certainty for transactions that are expected in the future.

Vitalik Buterin Proposes On-Chain Gas Futures Market

Buterin’s proposal suggests that futures contracts would be traded directly on-chain. These contracts would reflect market expectations for future network demand. When demand is expected to rise, gas prices would increase. Conversely, when demand is low, prices would decrease, providing a clear indicator of upcoming network activity.

The proposal builds upon Ethereum’s existing EIP-1559 protocol. EIP-1559 introduced a base fee mechanism, which the gas futures market would extend rather than replace. This would allow users to have a clearer understanding of gas fees in advance, preventing sudden spikes in transaction costs.

Benefits for High-Volume Users and Enterprises

Buterin’s plan targets high-volume users like exchanges, wallets, and rollups. These entities often face operational disruptions due to unpredictable gas price spikes. By offering a way to lock in transaction costs, the futures market would give them more stability in scheduling and operations.

Developers would also benefit from this system, as it would help them manage costs when upgrading or deploying new services. The ability to predict gas fees could remove barriers for enterprises integrating Ethereum into their workflows. This new proposal aims to make the Ethereum network more predictable, reducing the risk of surprise costs.

The gas futures market would also introduce new economic signals for scaling decisions. When futures prices rise, it would indicate an increase in demand for block space, guiding Ethereum’s scaling efforts. However, the proposal does not aim to lower gas fees but to stabilize them.

While Buterin’s proposal is still in the early stages, it marks an important step toward creating more predictable costs for Ethereum users. It has yet to be formally submitted as an Ethereum Improvement Proposal, and no implementation timeline has been set.

The post Vitalik Buterin Unveils a New Ethereum Proposal to Lock in Gas Fees appeared first on CoinCentral.

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