Zach Rynes | CLG
Zach Rynes | CLG|Mar 02, 2025 13:50
Just another confirmation that all L1 gas tokens are going to be abstracted away for 99%+ of users A 100x improvement in blockchain UX doesn’t care about your ‘gas token is money’ investment thesis You can still manage dozens of unique gas tokens across hundreds of chains if you really want, but most users will just pay gas in the tokens they already have, most likely stablecoins Requiring a specific token to pay for blockchain gas will be seen as archaic as needing a phone line to access the internet, makes zero sense for today Chainlink Payment Abstraction is an acceptance of this reality, frontrunning the inevitable by enabling users to pay with any liquid token, while handling LINK conversion behind the scenes Major difference though is that LINK monetizes the adoption of any public/private chain, whereas L1 tokens only monetize the adoption of a single chain
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