ETHGas Raises $12M to Launch Ethereum Blockspace Trading

[nihalsari]

ETHGas' Ethereum blockspace trading platform. Source: ETHGas

Ethereum blockspace trading platform ETHGas has raised $12 million in a seed round led by Polychain Capital. The platform launched with $800 million in commitments from validators, builders, and participants.

ETHGas aims to turn blockspace into a tradable commodity while making Ethereum faster via its “Real-Time Ethereum” initiative, splitting blocks into 240 pieces of 50ms each. Founder Kevin Lepsoe claims this could reduce MEV and allow users to secure transaction execution at guaranteed times, though some centralization risks remain.

[kevin1]

eth is losing its position as an number two coin to solana. just see