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web3 with a16z crypto

CHAPTER

The Interplay Between Fundamental Research and Layer Two

In etheorium, transactions cost gas. Gas is meant as a proxy for all of the burden imposed by a transaction on the etherium network. So one of the key ideas and roll ups is to solve the data valdity problem. Roll ups and call data is one particular istantiation of this, but much more generally, thinking multi dimensionally about the cost of transactions and pricing them accordingly, as te gis a super exciting direction for research.

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