Core Insights - BTCS Inc. has announced a strategic partnership with ETHGas, where it will act as a Priority Builder and has invested $250,000 in ETHGas to enhance its market share and support Ethereum scaling through real-time transactions [1][2][3] Group 1: Partnership and Investment - The partnership with ETHGas is aimed at unlocking ultra-low-latency scaling on Ethereum's blockchain, allowing transaction confirmations to be approximately 100 times faster than those on Solana [1] - The investment in ETHGas is structured as a Simple Agreement for Future Tokens (SAFT), positioning BTCS as a Priority Builder with expertise in low-latency block construction [2] - BTCS's CEO, Charles Allen, emphasized that this collaboration will drive revenue growth and improve margins by expanding order flow and refining the technology stack [3] Group 2: ETHGas Overview - ETHGas re-engineers the Ethereum pipeline for block construction, enabling Validators to sell blockspace in advance of spot block auctions, thus providing certainty to Validators and offering precision order execution products for end-users [4] - The platform enables 3 millisecond blockspace confirmations and tools to hedge gas price volatility, creating a real-time, gasless Ethereum environment [4] - ETHGas has partnered with builders representing over 90% of the market and is collaborating with the majority of validators to ensure broad network participation [4] Group 3: Strategic Goals - The collaboration aims to democratize access to blockspace, making Ethereum transactions more efficient and cost-effective, particularly for global Asset Managers looking to scale their ETH and Staked ETH Fund offerings [5] - BTCS is focused on driving scalable revenue growth through its blockchain infrastructure operations, including block building and validator node management [6] - The company has developed ChainQ, an AI-powered blockchain data analytics platform, to enhance user access and engagement within the blockchain ecosystem [6]
BTCS Inc. Announces Strategic Partnership and Investment in ETHGas to Grow Market Share and Support Scaling Ethereum Through Realtime Transactions