ETHGas Unveils GWEI Governance Token, Targets Realtime Ethereum

• ETHGas aims to make Ethereum blockspace tradable, reservable, and programmable.
• GWEI token enables governance, coordinating upgrades, and treasury decisions efficiently.
• Predictable execution targets smoother user interactions and reduced gas delays at scale.

ETHGas has outlined a new direction for Ethereum infrastructure with the announcement of its governance token, GWEI, alongside a community airdrop initiative. The project said the move supports its broader goal of building what it calls Realtime Ethereum, an effort to reduce transaction delays and gas inefficiencies on the mainnet. Consequently, the announcement signals a push to rethink how Ethereum allocates blockspace as network usage continues to grow.

The blockspace protocol said Ethereum remains crypto’s most reliable settlement layer. However, it argued that execution demand now outpaces existing allo…

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