ACP-176: Dynamic EVM Gas Limits and Price Discovery Updates

[avalanche-foundation-admin]

Proposes that the C-Chain and Subnet-EVM chains adopt a dynamic fee mechanism similar to the one introduced on the P-Chain as part of ACP-103, with modifications to allow for block proposers (i.e. validators) to dynamically adjust the target gas consumption per unit time.

https://github.com/avalanche-foundation/ACPs/tree/main/ACPs/176-dynamic-evm-gas-limit-and-price-discovery-updates

[meaghanfitzgerald]

ACP-176 Developer Community Call 🔊

Meeting Date/Time: 02-14-2025, 16:00 UTC (12:00 EST)
Meeting Duration: 1 hour
Presenter: Michael Kaplan, Stephen Buttolph, Austin Larson

Purpose of the Meeting

In this meeting, we will discuss ACP-176, proposes that the C-Chain and Subnet-EVM chains adopt a dynamic fee mechanism similar to the one introduced on the P-Chain as part of ACP-103, with modifications to allow for block proposers (i.e. validators) to dynamically adjust the target gas consumption per unit time.

Who is invited?

Any protocol developer, ACP author, researcher, or Avalanche community member is invited to attend this meeting.

Links

Sign Up Form: Google Form
Youtube Meeting Recording: To be added after the meeting concludes.

Preparation Material

Mandatory

ACP-176 ReadMe

Highly Recommended

Dynamic Fee Mechanism introduced by ACP-103.

Agenda

The call would cover the rationale and planned implementation of ACP-176. During the call, the following topics will be discussed:

• Motivation for the proposal
• Dynamic fee mechanism overview
• Implications for validators
• Future affect on network fees

[alarso16]

Here's some notes on the results from our gas fee simulations! link