ETHGas, an Ethereum blockspace trading platform, has announced a $12 million raise. This development follows Ethereum co-founder Vitalik Buterin's endorsement of the concept of onchain gas futures. The platform is reportedly aiming for transaction times of 50 milliseconds. The funding and endorsement suggest growing interest in optimizing gas usage and transaction efficiency on the Ethereum network.

ETHGas, an Ethereum blockspace trading platform, has announced a $12 million raise. This development follows Ethereum co-founder Vitalik Buterin's endorsement of the concept of onchain gas futures. The platform is reportedly aiming for transaction times of 50 milliseconds. The funding and endorsement suggest growing interest in optimizing gas usage and transaction efficiency on the Ethereum network.