Researcher @ethereum, Robust Incentives Group Formerly Data Sci. @DuneAnalytics PhD in Comp. Neuroscience 🧠of Decision-Making 💢
Gas Fees and incentives mechanisms: Ethereum, BNB chain, Avalanche
Fees are the virtual fuel needed to power decentralized economies. They act as strong economic incentives to ensure blockchain users behave according to the network rules. In both Proof-of-Work and Proof-of-Stake consensus mechanisms, fees are paid by users based on their block space usage, and are redistributed to actors that guarantee the network security (miners, validators). But variations on how fees are paid, rewarded, distributed, shared and consumed are endless. Over the past few year...
Gas Fees and incentives mechanisms: Ethereum, BNB chain, Avalanche
Fees are the virtual fuel needed to power decentralized economies. They act as strong economic incentives to ensure blockchain users behave according to the network rules. In both Proof-of-Work and Proof-of-Stake consensus mechanisms, fees are paid by users based on their block space usage, and are redistributed to actors that guarantee the network security (miners, validators). But variations on how fees are paid, rewarded, distributed, shared and consumed are endless. Over the past few year...
Gas Fees and incentives mechanisms: Optimism
Optimism Fees and Incentives mechanismsIn this article we're going to teach you everything you need to know about gas fees on Optimism. By the end you'll grasp the mechanism fully, and be able to cast gas spells of your own. In part 1 of this series we focused on layer one (L1) chains - looking at Ethereum, BNB & Avalanche in turn. Today we're going up a level and looking at layer two (L2), in particular Optimism, and explaining how gas fees work on the network as well as its v...
Gas Fees and incentives mechanisms: Optimism
Optimism Fees and Incentives mechanismsIn this article we're going to teach you everything you need to know about gas fees on Optimism. By the end you'll grasp the mechanism fully, and be able to cast gas spells of your own. In part 1 of this series we focused on layer one (L1) chains - looking at Ethereum, BNB & Avalanche in turn. Today we're going up a level and looking at layer two (L2), in particular Optimism, and explaining how gas fees work on the network as well as its v...
Gas Fees and incentives mechanisms: Arbitrum
Arbitrum fees & incentives mechanismsIn the previous post, we introduced rollups as the currently preferred L2 solution for scaling Ethereum and focused on Optimism. Today we're going to focus on Arbitrum One, another EVM-compatible optimistic rollup. It was launched on mainnet by Offchain Labs on September 1st, 2021. We then walk through gas fees on Arbitrum, and create a spell on Dune so anyone can query Arbitrum gas fees and compare it with other chains! **In this post, we’ll refer to...
Gas Fees and incentives mechanisms: Arbitrum
Arbitrum fees & incentives mechanismsIn the previous post, we introduced rollups as the currently preferred L2 solution for scaling Ethereum and focused on Optimism. Today we're going to focus on Arbitrum One, another EVM-compatible optimistic rollup. It was launched on mainnet by Offchain Labs on September 1st, 2021. We then walk through gas fees on Arbitrum, and create a spell on Dune so anyone can query Arbitrum gas fees and compare it with other chains! **In this post, we’ll refer to...
