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Ethereum's EIP-8488 Draft Would Give New Contracts a Separate Gas Schedule

The open draft uses V2 opcodes for new contracts after activation, while existing contracts keep the legacy schedule.

By Simon Yoon
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A glass contract block sits beside two separate metering rails / TokenPost.ai
A glass contract block sits beside two separate metering rails / TokenPost.ai

A draft Ethereum proposal would let newly deployed smart contracts use a revised gas schedule while preserving the legacy schedule for existing contracts, allowing future repricing without changing already deployed contracts.

After activation, newly deployed contracts would use a V2 opcode set priced under EIP-8037 and EIP-8038. The draft excludes the GAS and GASLIMIT opcodes; a deployment that includes either would revert.

The proposal also introduces DELEGATECALL_V2. It would fail immediately if the target contract’s code_version is below 2.

EIP-8488 remains open for review and has not changed Ethereum’s rules. Its design aims to allow future changes to gas costs without disrupting contracts already on the network.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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