Oracle for Chain Congestion?

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Oracleye, exactly. And it's not just great for depths we want to make congestion controll auctions and liquidations. It's also great for laya two solutions. They can rely on some in some form, otherlike challenge periods where er, where only if the operator of the layer to misbehaves or enlightening. So just the ability t haft this oracle for chain congestion is, i think, it will open up a new design spacear we can't yet really grasp. Do you think that a theoryo hitting those goals and having a lower inflation rate would ultimately be tough on big coin? Oh, yes, i think so. You need to net

In this episode, Su and Hasu talk about blockspace market mechanisms and EIP-1559. Read Hasu's analysis of EIP-1559 (w/ Georgios Konstantopoulos) Topics covered: - what EIP-1559 is and the problems it solves - negative-sum vs zero-sum vs positive-sum proposals - reasons against EIP-1559 - what, if anything, can Bitcoin learn from EIP-1559 - impact on long-term security - how realistic perpetual issuance is in Bitcoin - elastic blocksize proposals in Bitcoin - lessons from the scaling debate - how parasitic L2s can threaten baselayer security - how dApps benefit from EIP-1559 - building dApps on appchains vs Ethereum - why every chain incl. Ethereum specializes over time - first-price auction vs fixed-price sale - EIP-1559 as an oracle for on-chain congestion - moving the Overton window for changes to Bitcoin Su Zhu is the CEO and CIO of Three Arrows Capital. Hasu is a cryptocurrency researcher and writer. Together, they publish on Deribit Insights and uncommoncore.co.