Crypto

ETHGas wants to bring Wall Street to public Ethereum by selling advance block reservations

Summary

ETHGas is launching a service to sell advance block reservations on the public Ethereum network, aiming to attract traditional financial institutions. However, the current system lacks financial penalties for validators who fail to fulfill their commitments.

But there’s a catch: validators that fail to deliver on their commitments currently face no financial compensation requirement under the service.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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