Truly fascinating theory. The finacialization of future block space much like we've financialized crop futures. Seems pretty logical to me 🤔

Solid listen 👉 https://fountain.fm/episode/gRDtwF09yyO7XTAONdKA

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Thanks for the recommendation.

Does anyone know how to open the link directly in the fountain app?

Cheers

Block reward volatility will decrease substantially as fees stabilize with adoption and full blocks. That will make blockspace futures unnecessary for that use case. The rest of the podcast was good, just not his initial thesis about fee volatility being so disruptive for miners that they’ll need futures. Even as the proportion of fees in the block reward increases by ~50x (2% to 100%), there’s still a ~10,000x increase in Bitcoin users to go that will stabilize fees and block rewards.