ethrd

Interesting article @blocknative. Private transactions are causing the base fee to be volatile & detached from the actual demand for blockspace. This could be an issue if we want to build markets more efficient than tradfi

www.blocknative.com/blog/how-self-built-blocks-unintentionally-introduce-base-fee-volatility

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I make lights blink and play with crypto (cryptography and cryptocurrency) at /neynar. they/them or he/him

Good point. Let me rephrase that to "This could be an issue if we want to build markets that approach the level of efficiency in tradfi"

How can something decentralized ever be more efficient than something centralized? Decentralized things will always have more moving parts and will always be more complicated.