The Cyclical Relationship of Blockchain Assets and Transaction Fees

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This chapter explores the interdependent relationship between blockchain assets and transaction fees, highlighting how asset holding influences monetary value. It contrasts traditional revenue models with the ambitious endeavor of creating new forms of currency, reflecting on historical attempts like Facebook's digital currency challenges.

In this episode, our Blockworks Research analysts asked themselves, can TON survive? After Pavel Durov’s arrest, what’s their best path forward? They also discussed MakerDAOs rebrand to Sky and how previous rebrands in crypto have worked out. Additionally, they debated whether or not Ethereum L2s are parasitic. Finally, they speculated on when, if ever, L2s will move away from using Ether as their primary gas token.

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Timestamps:

(0:00) Introduction

(1:23) MakerDAOs Rebrand

(17:25) Are L2s Parasitic?

(28:47) Nillion Snippet

(35:45) L2 Gas Tokens

(51:26) Is the TON Thesis Invalidated?

(1:05:49) Ethereums Attempt to Create Money

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Dan, and our guests may hold positions in the companies, funds, or projects discussed.