Ethereum’s Glamsterdam Upgrade Set to Transform Network Economics
- The Glamsterdam upgrade is described as the largest Ethereum fork since the Merge.
- Key features include Proposer-Builder Separation (EIP-7732) and Block-level Access Lists (EIP-7928).
- ePBS aims to reduce manipulation risks related to maximal extractable value (MEV) by moving processes on-chain.
- Block-level Access Lists will allow blocks to declare which accounts and smart-contract data they will access, enhancing efficiency.
- The upgrade includes significant gas repricings that could alter transaction costs on Ethereum.
Glamsterdam’s changes are expected to streamline block execution and redefine economic factors within the Ethereum ecosystem, making high-level compute cheaper while increasing state costs.
This overhaul aims to reshape how actions are priced on Ethereum, potentially leading to a more efficient network as highlighted by the introduction of ePBS and Block-level Access Lists.(Source)
