Ethereum co-founder Vitalik Buterin has proposed a new Ethereum Improvement Proposal, EIP-7706, suggesting a new category of gas for transaction calldata.

Ethereum transactions currently involve two main types of gas: one for execution, which covers the computational effort required to process a transaction, and one for storage, which is the cost related to storing data with “blobs.”

Buterin's proposal recommends establishing a third type of gas specifically for calldata, which is the segment of an Ethereum transaction that carries data sent to smart contracts when functions are invoked.

This latest proposal was introduced just days after Buterin — along with co-authors Sam Wilson, Ansgar Dietrichs, and Matt Garnett — proposed improvements to account abstraction in EIP-7702.

What’s …