Vitalik Buterin proposed a decentralized gas futures market on Ethereum.
The idea follows recent concerns about fee stability.
A futures market could help large operators hedge costs as fee volatility continues.
Ethereum architect Vitalik Buterin has ignited a structural debate within the community after proposing the implementation of a decentralized, trustless gas futures market. The mechanism is designed to provide users a vehicle to hedge against transaction cost volatility, offering superior cost predictability during periods of network congestion.
Interestingly, the proposal came after repeated questions about whether Ethereum can guarantee low and consistent fees in the coming years, even as the network scales.
We need a good trustless onchain gas futures market.
(Like, a prediction market on the BASEFEE)
I've heard people ask: "today fees are low, but wha…
Read The Full Article Vitalik Buterin Proposes On-Chain Gas Futures to Hedge Blockspace Volatility On Coin Edition.
