LATEST: ⚡️ Ethereum blockspace trading platform ETHGas has raised $12 million in a seed round led by Polychain Capital to build "real-time Ethereum," which aims to achieve 50-millisecond block times. https://t.co/QHE9yhQiXf ...

RT Yogita Khatri (@Yogita_Khatri5)Ethereum blockspace is becoming a tradable asset.@ETHGasOfficial has raised $12 million in a token round, following a roughly $5 million pre-seed in 2024 that was also token-based, to launch what it calls Ethereum’s first blockspace futures market. The launch is backed by about $800 million in blockspace commitments from validators and block builders.Founder Kevin @lepsoe says ETHGas creates two competing paths. Traditional MEV players can pay more to secure blockspace, lif ...

Hi. Chief blob fuddor here.Blobs will never have even moderate ETH burn and anyone who says different should feel bad.Is it technically correct that it happens? Yes.Is it what practically happens? No. Not even close.The red section in the picture shows exactly what happens when "burn" should happen: rollups just play games to prolong their free DA arrangement.→ They delay posting→ They combine batches→ They coordinate with other rollupsAll to avoid spiking blob fees (read: ETH burn), because it's practical ...