November 9, 20261 min read0 views

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

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…

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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.