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In a recent blog post, @especulacion explores the sustainability of Layer 1 networks and their evolving revenue models. While revenue from transaction fees is critical for maintaining the network, uncertainties surrounding valuations arise due to alternate revenue sources like MEV. Ethereum’s projected revenue drop, contrasted with Tron and Solana's performances, highlights the complexities of fee structures. The article prompts important questions about whether these networks can rely solely on computation-based fees or if a more nuanced profitability approach is needed.
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