Ethereum $ETH gas to be optimized with EIP1153 activation, Uniswap analysis says
Ethereum Improvement Proposal 1153 is set to change the way Ethereum blockchain processes the data. As a more advanced storage function, it will make the second largest blockchain more gas efficient than ever before.Uniswap v4, a much-anticipated release by the world's most popular DEX Uniswap, will rely on EIP-1153"Transient Storage Opcodes," the new thread says. Therefore, it will allow traders and liquidity providers to save on gas fees.
Transient storage is a cheaper and more streamlined instrument for data management. It also enables a couple of new use cases for Ethereum and EVM ecosystem dApps.For instance, in Uniswap v4, all liquidity pools will be held in one smart contract. This will make liquidity logistics between various pools faster and cheaper.
Instead of transferring assets between pools, the system will only change net balances with cross-asset swaps.As covered by U.Today previously,"Transient Storage Opcodes" are among the most anticipated additions to Ethereum's network design.
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