Would EIP-6968 allow Dapps to earn a share of transaction fees generated by their users?
The developers of Ethereum are advocating for an upgrade that would allow dApps to earn a share of the transaction fees they generate on Layer 2 as compared to those generated by non-dApps.
EIP-6968 proposes a new type of token, providing '' contract secured revenue '', allowing developers to claim a percentage of the transaction fees generated by users interacting with their smart contracts.
The new revenue generated can finance dApp development, public goods, or provide incentives for developers to join a network.
While Owocki first outlined the EIP-6968 proposal in May, the proposal has gained traction following a presentation by Owocki at the recent EthCC conference in Paris.
EIP-6968 seeks to shake up the highly competitive Ethereum scaling industry, with CSR providing a new type of incentives for developers.
While layer 2 rollups are currently the leading scaling solution, top L2 teams such as Arbitrum, Polygon, and zkSync are already investing resources into building infrastructure for layer 3 networks.
L3s are usually based on 'app-chains' that host a sole dedicated decentralized application. Owocki described EIP-6968 as enabling 'ecosystem-chains,' a step forward from app-chains.
The proposed upgrade is a modified version of EIP-1559, which went live in August 2021 and introduced Ethereum's burn mechanism. The authors stress that EIP-6968 could be used by any network using EIP-1559.
I'm excited to see what kind of traction this creates within the L2 ecosystem, and envision a virtuous flywheel where we see smart contract developers receive revenue for the value they bring to L2s, Owocki wrote on the Ethereum Magicians forum.