An Ethereum Improvement Proposal (EIP) is a design document that outlines proposed changes, features, or standards for the Ethereum network. EIPs serve as a standardized process for the Ethereum community to discuss, review, and implement network upgrades or modifications. Each EIP includes technical specifications and rationale, providing a clear framework for the proposed change.
For EVM developers, engaging with EIPs is crucial for staying informed about upcoming changes, contributing to the network's evolution, and ensuring that their applications remain compatible with the latest protocol developments. Familiarity with the EIP process also enables developers to propose their own enhancements to the Ethereum ecosystem.