Empire cover image

NEWS: Coinbase launches L2

Empire

00:00

The Business Model of Base

The long term goal from a business perspective is create more applications that users want to use. Gas fees are kind of net the cost of bundling those transactions and putting them on L1 in that M.E.B. on the chain. The other one is kind of transacting fees on the chain, which we expect to be relatively small. And I think we're still trying to understand exactly how that will shape up as fees continue to get driven down before it before.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app