TL;DR Significant Fee Reduction: Vitalik Buterin’s proposal aims to cut Ethereum gas fees by up to 80%, making transactions more affordable for users. Efficiency and Speed: The changes focus on improving transaction processing efficiency, potentially increasing Ethereum’s transaction speed by up to five times. Scalability and Security: Part of a larger roadmap called “The Verge,” ......
source: https://crypto-economy.com/vitalik-buterins-proposal-to-slash-ethereum-gas-fees-by-up-to-80-sparks-hope-for-lower-costs/