Bitcoin Blockspace As Electrical Markets With Leo Zhang

Transaction fee volatility is a problem for Bitcoin users. How can miners and others fix this UX/UI problem? Enter Alkimiya.

Jul 9, 2024

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

Welcome back to The Mining Pod! On today’s show, we’re sitting down with Leo Zhang of Alkimiya Protocol to discuss their novel trading solution for Bitcoin blockspace. Yes, you read that right! Alkimiya enables parties like wallets, miners or professional traders to take a position on Bitcoin blockspace. Widespread usage of this trading platform could enable wallets or others to issue on-chain transactions even when fees are high, balancing out the long term volatility of Bitcoin transaction fees. For miners, it might open up doors for trading a new commodity: Blockspace.

Follow along on your favorite podcast player of choice by clicking here.

Check out Bitcoin Season 2 and The Gwart Show.
Watch our newest documentary, The Big Empty!

Follow our host on Twitter, @wsfoxley.

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.

HOST

William Foxley

Will Foxley is the host of The Mining Pod and publisher at Blockspace Media. A former co-host of CoinDesk's The Hash, Will was the director of content at Compass Mining and a tech reporter at CoinDesk.