Gas Is Becoming Obsolete: From VM to Resource Markets, Blockchain Is Moving Toward 'Chain Cloud'
"Gas Is Becoming Obsolete: From VM to Resource Markets, Blockchain Is Evolving into 'Chain Cloud'"
The central thesis is that Gas, as blockchain's unified abstraction for resource pricing, is losing its explanatory power. This is evidenced by four distinct trends: 1) Hyperliquid hides Gas costs within trading fees, prioritizing service over raw computation. 2) Solana's proposed resource fee model separates transaction inclusion from the cost of specific consumed resources (compute, storage, etc.). 3) ICP uses cycles pegged to real-world resource costs and offers "Cloud Engines," letting users provision dedicated execution environments, moving beyond per-transaction fees. 4) Ethereum itself, via the Glamsterdam upgrade, is adjusting Gas costs to better reflect real node work and exploring a multi-dimensional fee market (EIP-7999).
The analysis suggests the industry's decade-long focus on Virtual Machines (VMs) was misplaced. No single VM (EVM, SVM, Move, RISC-V) will "win"; instead, the entire stack is being rebuilt. The key realization is that computation is not a single resource but a bundle (compute, state, storage, bandwidth, data availability). Early chains like EOS and TRON explored multi-resource models, but they failed at user abstraction.
The real competition shifts to resource pricing and markets. Projects like Hedera, ICP, and Filecoin demonstrate different approaches to pricing, allocation, and creating markets for specific resources. A mature system would involve a multi-dimensional resource market where the final fee is a sum of each resource's consumption multiplied by its dynamic price.
The ultimate vision is "Chain-Cloud": a verifiable, globally distributed computing resource pool managed by protocol and priced by markets. The user experience must abstract away all resource complexity (Gas, CU, etc.). Users should interact with services (trading, gaming, storage), not infrastructure. The blockchain stack of the future is envisioned as five layers: Service, Resource Abstraction, Resource Market, Parallel Runtime, and Execution ISA/Distributed State.
In conclusion, Gas is not disappearing but receding into a settlement layer for a sophisticated resource market. The evolution is from Blockchain to World Computer to Resource Market, culminating in a decentralized cloud powered by cryptography.
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