It's 2026: → Bitcoin shipped trust-minimized Bitcoin bridges | _weidai on Binance Square

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It's 2026:→ Bitcoin shipped trust-minimized Bitcoin bridges, unlocking self-custodial Bitcoin Defi
→ Ethereum shipped universal rollup interop and regained network effects as an app platform 
→ Solana increased bandwidth and reduced latency, becoming decentralized NASDAQ

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Crypto Needs Flat Base Fees and Dynamic Scaling Imagine if Google charged you 10x normal price for every search, LLM inference, or youtube video because they run out of servers and hit some internal capacity. That's how EIP1559 and most blockspace pricing mechanisms work--in times of congestion, instead of increasing capacity (like sane business do), chains raise prices instead. Recall there are two types of fees: - Inclusion/base fee: fee required for a transaction to be included. - Priority fee: fees for getting in front of the queue to access contentious state (e.g. hot onchain markets) If onchain apps is to seriously compete with non-crypto apps, we need flat inclusion/base fee for every chain for any transaction demand. Q: What's the problem if chains adopt constant base fees? A: Capacity. A constant base fee means that there is no way to discriminate against incoming transactions once chains hit a limit. Solution? Dynamically scaling! Simply process more transactions as they come through, without a global limit. For too long now we have relied on crypto-economists to solve the fee vs. chain capacity problem. It is now the time to let computer scientists and engineers do the work--we need to build chains dynamically scale. Ask yourself what is the better product decision for endusers: - Increase fees at times of congestion - Add compute capacity to the system to accommodate demand The answer is self-evident. We've been building the wrong product for more than a decade! How do we do this? We need to build better system at every layer: - Authenticated data structures that can horizontally scale without global bottlenecks - Execution models & VMs that allow infinite parallelism - Distributed consensus that allow blocks to be dynamically sized We need flat fees for data (blobs) and execution (gas/CU). Dynamic scaling is the future for crypto.

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Tech defines the potential of onchain apps. Building onchain apps on shitty tech/infra is like hosting YouTube on dialup modems. Without good tech or infra, onchain apps won't scale to billions regardless of how good your distribution is. Tech tradeoffs between latency, throughput, security, privacy, are not at all commoditized yet. No, you can't vibe code a competitive, decentralized, and self-custodial CLOB, casino, or social app.

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Tech defines the potential of onchain apps. Building onchain apps on shitty tech is like hosting YouTube on dialup modems. Without good tech, onchain apps won't scale to billions regardless of how good your distribution is. Tech tradeoffs between latency, throughput, security, privacy, are not at all commoditized yet. No, you can't vibe code a competitive, decentralized, and self-custodial CLOB, casino, or social app.

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Not going to Berlin blockchain week. But will be at Edge Esmeralda next week (15-20th). HMU if you are working on interesting problems.

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Recent improvements in crypto infra are getting incremental: we have steady improvements on latency, throughput, faster zk proofs, etc. What are some exciting open challenges that, if solved, enable net new apps? (Privacy is one for sure but curious of others.)

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