How will Ethereum solve the problem of high transaction fees?

During the regular conference call, Ethereum developers discussed the issue of high transaction fees andoptions for solving this problem.

Independent researcher Alexei Akhunov raised the issue of the role of gas tokens in the growth of transaction fees.

As he stated, Ethereum's mempool often containsmany transactions with a certain price of gas, which are designed to issue such tokens. I also compared it to an exchange order book, where traders try to buy assets at low price points by placing appropriate orders. According to Akhunov, such transactions are not easy to cancel and this leads to an artificial increase in the price of gas.

The essence of one of the proposals is to eliminatea cost recovery mechanism that makes gas tokens possible. Akhunov stressed that the creation of such tokens accounts for only about 2% of the current expenses of the times.

Additionally, the developers discussed the proposalEIP-2929, put forward by Ethereum co-founder Vitalik Buterin and developer Martin Suende. It implies a significant increase in the cost of gas for some storage operations.

This helps to protect the network from potential DoS attacks. Its implementation can reduce the cost of some other operations. Akhunov noted that some of the nuances of EIP-2929 require further discussion.

Another question is EIP-2711. Its essence is to enable one account to pay commissions to another. It also assumes the option of creating batch transactions with guaranteed execution order. No specific decisions have yet been made regarding this EIP.

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