While reading this I kept thinking to myself that blockchain-based technologies aren't going to be competitive unless they can solve their efficiency problems. Gas fees are a symptom of inefficiency.
Then it occurred to me that inefficiency will mostly not matter in a world with cheaper energy.
While reading this I kept thinking to myself that blockchain-based technologies aren't going to be competitive unless they can solve their efficiency problems. Gas fees are a symptom of inefficiency.
Then it occurred to me that inefficiency will mostly not matter in a world with cheaper energy.
Capital costs of computer equipment are dwarfed by energy costs. For the biggest tech companies how much power they can pull from utilities is the constraint on how much computing power they can deploy. Buildings sit half empty for lack of available power.
A fusion breakthrough be the thing that enables Web 3 to work for most people.
While reading this I kept thinking to myself that blockchain-based technologies aren't going to be competitive unless they can solve their efficiency problems. Gas fees are a symptom of inefficiency.
Then it occurred to me that inefficiency will mostly not matter in a world with cheaper energy.
Capital costs of computer equipment are dwarfed by energy costs. For the biggest tech companies how much power they can pull from utilities is the constraint on how much computing power they can deploy. Buildings sit half empty for lack of available power.
A fusion breakthrough be the thing that enables Web 3 to work for most people.