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Podcast: On The Brink with Castle Island
Episode: Leo Zhang (Alkimiya) on creating a market for Bitcoin blockspace
Description: Leo Zhang, founder of Alkimiya, joins the show to talk about their Bitcoin fee exposure product. In this episode:Â The evolution of Alkimiya Alkimiya's current product approach Why solving Bitcoin transaction fee volatility matters How blockspace compares to conventional commodities What kind of market participants would want to long or short Bitcoin transaction fees? Avoiding manipulation in blockspace markets The decision to build on Base Reminiscing on the Ethereum gas token Building a fee product for Bitcoin as opposed to any other L1 Leo's long term views on Bitcoin fees Bitcoin season 2 and the cultural shift in Bitcoin M...