If you have any cake humps/domes, use a serrated knife to level each cake. Then, cut each layer of cake in half to make 4 layers of chocolate cake.
Using an offset spatula, spread a small amount of buttercream in the middle of the cake board (or serving platter) to act as glue and place one cake layer on top of the board. Smooth a thin amount of buttercream over the top of the cake layer and pipe a dam or ring of buttercream around the edge of the cake. To do this, place some caramel buttercream into a piping bag (or plastic zip-top bag) and cut off the tip to leave a large hole. Then, squeeze the bag while moving your hand around the edge of the cake.
Place an even layer of toasted pecans in the middle and drizzle with a small amount of caramel (optional). Cover the pecans with caramel buttercream and smooth with an offset spatula. Then, stack the next layer of cake on top. Continue this process for the remaining layers of cake (i.e., 3 filling layers with 4 layers of cake).
Using a cake turntable (if you have one) and an offset spatula, frost the sides and top of the cake with a small amount of buttercream to trap the cake crumbs. This is called a crumb coat. It’s ok if this layer has a lot of crumbs in it. That’s the purpose of a crumb coat. Place the cake in the fridge for about 30 minutes or until the frosting has hardened or crusted.
Using a cleaned offset spatula, frost the sides and top of the cake using more caramel buttercream. Scrape the sides and top with the edge of your offset spatula to get a smooth finish. Then, use a textured cake comb to add a ridged pattern to the side of the cake.
Use the palm of your hand to gently press the toasted pecans into the bottom portion of the cake before the buttercream has crusted. The first time I made this cake, I added the pecans after the drips and the frosting was already hard. I had to use a torch to soften the frosting at the base. Adding the pecans now will avoid that hassle.
Place the frosted cake into the fridge for the buttercream to harden. This will be important for getting a nice drip.
Place the remaining caramel buttercream in a piping bag fitted with a 1M tip and set aside.