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EVM Wars: Between Giga Gas and Giga Gimmicks
...space pretty much at capacity, and rollups are having to batch several blob updates together to reduce consumption...OP stack chains such as Base are trying to optimize blob consumption by batching blob submissions and...
13 Min
Layer 1 / L1
Mar 2025
Monthly Chartbook - AI Narrative Takes the Wheel
Collectively, those payments translate to about 0.6% of personal income and 0.8% of monthly personal consumption...the tax increases associated with the fiscal cliff, “which was followed by a noticeable slowdown in consumption...higher number of transactions to be posted and settled on the Ethereum network, thereby driving up the consumption...
30 Min
Global Macro Themes
Jun 2023
Fuel Network: Engineered Playground For The Next Generation Of Apps
...subscription-based or tiered pricing models where they pay fixed monthly or annual fees regardless of their actual consumption...persists because conventional payment infrastructure lacks the granularity to support truly metered consumption...
30 Min
Infrastructure
Apr 2025
The Dark Night Rises - Part 1
...focused on being a global export powerhouse — they want to ignite a thriving domestic economy with a consumption-centric...has a supply-demand mismatch — it has too much industrial capacity (supply) and not enough domestic consumption...
23 Min
Macro & Markets
Jul 2024
The Decade Ahead
...supply chains, insured safe passage of energy and goods, ran deficits to fuel the machine’s endless consumption...It will need to cut back on consumption in order to properly reindustrialize, but that is uncomfortable...
22 Min
AI
Jul 2026
zkVerify: The Missing Layer in The Modular Era
0.5% suggests that while ZK protocols are actively used, they occupy only a small portion of the gas consumption...
15 Min
Infrastructure
Aug 2025
Shortcuts To Scale: How Enso Seeks To Reshape dApp Development
These payments are derived from a portion of the consumption fees paid by network users....will be distributed among the network participants based on their contributions, such as abstraction consumption...
31 Min
Infrastructure
May 2025
Relief Rally, L1s Battle, L2s Gain Steam
L2 Gas Consumption L2s have continued to gain steam, with them now comprising ~1% of total daily gas...Relative to the beginning of the summer, Arbitrum and Optimism have seen their share of total L2 gas consumption...incredible growth recently in terms of trading activity yet still only accounts for ~6% of total L2 gas consumption...
3 Min
Infrastructure
Sep 2021
NFT Memo - Metas Worth Paying Attention To
...serving as the first example of how they can help shape the next generation of anime production and consumption...
19 Min
NFTs
Sep 2024
BTC Production Cost, Bitcoin as Inflation Hedge, and Fuel Deep Dive
Although most studies use data from the Cambridge Bitcoin Electricity Consumption Index (CBECI), estimates...
6 Min
Infrastructure
Jul 2022
DeAI II: Seizing the Means of Production
...argument in this write up, reminding us what is possible with distributed incentives: “Bitcoin PoW mining consumption...estimated at 150 TWh in 2022, or 17.12 GW on average and approximately 0.5% of total worldwide energy consumption...
42 Min
Artificial Intelligence
Jul 2024
DeAI III: Composable Compute
Bitcoin’s PoW mining consumption was estimated at 150 +/- 50 TWh in 2022, or 17.12 GW on average and...approximately 0.5% of worldwide energy consumption.
39 Min
Artificial Intelligence
Aug 2024
The Year Ahead for AI + DePIN 2025
...processes represents not merely a quantitative increase in power demand, but a qualitative shift in consumption...implications are equally notable, as traditional utility rate structures, designed around simple volumetric consumption...supplier, they’re pioneering a full-stack model that minimizes inefficiencies between generation and consumption...
122 Min
Artificial Intelligence
Dec 2024
BTQ Technologies: Securing Crypto’s Future Against the Quantum Threat
...deduces the private key by analyzing subtle cues like the time a signature takes to process or the power consumption...
28 Min
AI
Dec 2025
STEPN Sprinting Away
...sustainability, STEPN and other GameFi apps have to build the means to differentiate player spending into consumption...
8 Min
Gaming
May 2022
Running For Money, The Fed's Predicament, & The Rise of Music NFTs
So at a certain point, higher prices will weigh on demand because people have less consumption firepower...
5 Min
NFTs & Gaming
Mar 2022
Has Inflation Peaked?
Food, Energy +0.2%, Consensus +0.4% *US Jul PPI Personal Consumption -0.7% *US Jun PPI Final Demand Revised...
10 Min
Macro & Markets
Aug 2022
Delphi Office Hours Call (July 27th, 2022)
Because when you look at it, the largest part of GDP is consumption....And consumption is both business spending, consumer spending and all those things....monetization be for resources at the bottom of the barrel, but over time, you need multiple layers of consumption...
43 Min
Macro & Markets
Jul 2022
Modular Lending: The Next Phase of DeFi Money Markets
This simplifies interactions across markets and reduces the gas consumption for Morpho pools and vaults...
31 Min
DeFi
Apr 2024
Monthly Chartbook - Wishful Thinking
After rolling over in the backend of 2022, the Personal Consumption Expenditures Index (PCE) — a basket...
19 Min
NFTs
Mar 2023