06-02, 13:00–13:25 (Europe/Prague), Flower Stage
Most blockspace is negatively priced. It's actually costing companies, treasuries, foundations money to use their product. But it's not a bad thing!
Like oil in 2020, most blockspace is negatively priced.
Besides Bitcoin and Ethereum's blockspace, blockspace is negatively priced. The actual utility of these chains are generating profit only for Bitcoin and Ethereum validators without subsidy. The native tokens of these chains are at least mostly decoupled from their chains' utility, which obscures their negatively priced blockspace. I'll show you how and why this is, and why it's not necessarily a bad thing! It might even be necessary.
co-founder of @lastic_xyz, the blockspace marketplace