The Ethereum app layer fee proposal is the latest in a slew of developer suggestions to overhaul the economics of the Ethereum network. Two Ethereum community members, Kevin Owocki and Devansh Mehta, proposed a dynamic fee structure for the Ethereum application layer to strike a balance between revenue generation for app builders and fairness in…
Read more
Ethereum’s co-founder pointed to Railgun and Polymarket as examples of apps with a good social philosophy, while Pump.fun and FTX are examples of bad social philosophy. Ethereum co-founder Vitalik Buterin argues it’s Ethereum’s application layer, not its infrastructure layer, where Ethereum needs “good social philosophy” the most. The app layer is where developers build decentralized…
Read more
