Vitalik calls for a futures market for onchain fees: what this means

in LeoFinance5 days ago

For a while now, I've been talking about everything becoming a market.

We are stepping into a future where everything gets wrapped into a buy and sell contract.

When you think about how most things in life comes down to a trade, it makes sense that we eventually come to make a market for it all.

Of course, the first reaction anyone might have to the idea of making most things about money is negative, but when allowed the time to truly weigh what it means as part of a structure of society, it all makes sense.

The importance becomes clear because it isn't just about money, it's about structure, and when that structure is on-chain, we are looking at higher efficiency and stronger respect for standards and rules.

Vitalik on futures on gas fess:

Ethereum co-founder Vitalik Buterin has floated the idea for an onchain futures market for gas, which could give users certainty over transaction fees as the network becomes more widely adopted.

In a post on X on Saturday, Buterin argued that the market needs a “good trustless onchain gas futures market,” as people have been questioning him over the certainty of low gas fees via current price reduction methods in Ethereum’s roadmap.

Buterin outlined that one way to address the uncertainty would be to enable users to essentially lock in prices for specific times in the future, as he outlined one potential market for Ethereum Base fees — a crucial factor in the overall gas fees.

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Cointelegraph report

A world directed by prediction markets

2025 has been a big year for prediction markets, just as I predicted. Moving into the future, this is only going to grow bigger.

This growth changes everything. People who've traded leveraged derivatives know the influence markets can have on outcomes.

Regular people look at prediction markets and all they understand about it is the gamble, but in reality, it's not all just a gamble.

Some traders are insiders, some are key industry players, there's different roles and roles being filled and when the focus is on this bit of information, suddenly, it's clear how prediction markets are not just some gambling site or apps, but stake engines that can shape economies.

The bigger picture here is that people begin to look at these sources for truth and direction, and at that point, stake begins to shape reality.

It becomes about skins getting exposed!

It's a whole new channel for building a chain of governance control over businesses, projects, ecosystems, economies bottomline.

When prediction markets volumes betting against lower gas costs for Ethereum increases significantly, what signal does that send?

How do ETH investors react?

Every bit of thing becoming a market means that all things comes to a place of connectedness, making it much harder for single systems to shape the direction of economies, this is what true decentralization looks like!

Beyond direct governance systems are markets, and those are many times, more important.

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