πŸ”²Modular Synthetic Blockspace

Blockspace refers to the limited capacity available in each block for processing transactions. This limitation naturally creates a market where users must bid for their transactions to be included, with gas prices serving as the bidding mechanism. The system functions as a real-time supply and demand scenario: when demand for blockspace rises, gas prices increase, and when demand drops, so do the prices.

Modular Synthetic Blockspace as a Solution

Modular Synthetic Blockspace offers an innovative, cash-settled free market alternative to traditional gas hedging methods. It introduces synthetic assets that represent gas on the network and can be freely traded.

At its core, we simplify the block by stripping away all the complex information and focusing solely on gas costs at the time each block is created.

That’s the beauty of this approach. We take something inherently complex and make it straightforward for our use case. What do rollups, wallets, validators, and other providers need in this context? β€” hedging. And for effective hedging, the only critical factor is knowing the gas prices.

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