Web3’s achilles heel: A primer on Blockspace
The blockspace market is the foundational plumbing of the decentralized architecture but it also turns out to be the biggest bottleneck in the path to sustainable growth. The Web3 ecosystem will grow if adoption increases, adoption is a function of better user experience and UX is presently constrained by outrageous gas fee. The inefficiencies that plague the gas market originate at the blockspace level. Solving for blockspace will propel the ecosystem to it’s next run up. The medium and long...
Web3’s achilles heel: A primer on Blockspace
The blockspace market is the foundational plumbing of the decentralized architecture but it also turns out to be the biggest bottleneck in the path to sustainable growth. The Web3 ecosystem will grow if adoption increases, adoption is a function of better user experience and UX is presently constrained by outrageous gas fee. The inefficiencies that plague the gas market originate at the blockspace level. Solving for blockspace will propel the ecosystem to it’s next run up. The medium and long...
