Blockchain design constrains take rates because network designers must commit upfront to explicit take rates that cannot be changed, creating competitive pressure as users can shop around, empirically resulting in blockchain take rates of less than 1% versus Web 2 rates of 30-100%.
causalpending
Speaker
Chris DixonEvidence Quote
“the designer of the network is forced to commit UPF front to the take rates and then can't change them and that creates a competitive Dynamic where people can sort of shop around... the take rates in for example ethereum is sub 1%”
Created: 8/11/2026, 1:29:14 AM
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