BLOCKSPACE: CONNECTING THE WORLD TO ETHEREUM

Summary from the TLDR Crypto newsletter

Blockspace, an Ethereum infrastructure company founded by the Gattaca and ultra sound teams, launched with a BlueYard-led funding round that also included ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, and Stakely, targeting gaps in the out-of-protocol infrastructure that carries more than 90% of Ethereum's blockspace. The company monetizes in ETH by operating staking infrastructure, capturing transaction fees from blocks its staked ETH proposes, and compounding those earnings back into stake. To limit centralization risk, Blockspace self-caps its ETH holdings at 15% of total stake, a threshold the Ethereum community has cited as responsible. The launch positions Blockspace as the commercial arm of the open-source Blockspace Forum and is timed ahead of anticipated ePBS implementation, which the team expects to reshape block production economics.