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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).
Related Terms
A blockchain platform that enabled smart contracts and decentralized applications.
The process of making decisions about a protocol's development and direction.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The Ethereum standard for account abstraction without changing the core protocol.
The way Ethereum and many other chains track balances.
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