PANews, September 6: Arbitrum founder Steven Goldfeder and Solana co-founder Toly debated the fee model of Robinhood Chain. Toly stated that the 10% revenue share paid by Robinhood Chain to Arbitrum is sufficient to cover four times the transaction fees on Solana, implying that user gas fees could be significantly reduced if deployed on Solana. In response, Goldfeder noted that Robinhood can retain approximately 90% of the gas revenue under Arbitrum’s architecture, making the choice of Arbitrum a decision to “be the landlord, not the tenant.”
Arbitrum and Solana co-founders debate Robinhood Chain’s fee model and network choice
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Summary
On-chain news emerged as Arbitrum founder Steven Goldfeder and Solana co-founder Toly debated Robinhood Chain’s fee model and network selection. Toly asserted that Solana could offer significantly lower gas fees, with a 10% revenue share covering four times the fees. Goldfeder pointed out that Arbitrum retains 90% of gas revenue, describing it as a landlord model. The debate over network upgrades underscores divergent strategies in the layer-2 competition.
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