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Podcast: Raoul Pal: The Journey Man
Episode: How To Make Ethereum for the People
Description: Ethereum gas fees are high. Unless costs of using the network can be controlled, the dream of an open and user-owned internet is a fantasy. Are layer 2 scaling solutions the answer? Andrew Cahill and Saurabh Deshpande of The Block join Real Vision's Ash Bennington to discuss their recent research report on what could be the key to widespread adoption. Ethereum has made major strides in the past few years, settling trillions of dollarsβ worth of transactions, comparable to Visa, Mastercard, and Paypal. But the network is too expensive for the average user. The way Cahill sees it, Ethereum is st...