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  1. Home
  2. /Glossary
  3. /EIP (Ethereum Improvement Proposal)
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blockchain

EIP (Ethereum Improvement Proposal)

A design document proposing new features or changes to Ethereum.

Definition

A design document proposing new features or changes to Ethereum. EIPs go through community review before implementation. Famous EIPs include EIP-1559 (fee burning) and EIP-4844 (proto-danksharding for cheaper L2s).

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Learn More About EIP (Ethereum Improvement Proposal)

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Related Terms

Ethereum

A blockchain platform that enabled smart contracts and decentralized applications.

Governance

The process of making decisions about a protocol's development and direction.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

Account Model

The way Ethereum and many other chains track balances.

Actively Validated Service (AVS)

A service or protocol that uses EigenLayer's restaked ETH for its security instead of bootstrapping its own validator set.

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