2025-12-29 10:21:04

The infrastructure for transparent, on-chain service transactions already exists—we just aren't using it at scale yet. 🤷‍♂️

Take auction mechanisms, for example. The technology is there. The capability is there. But real implementation? That's what separates the talkers from the builders.

That's exactly why projects like AUCTION are stepping up to actually construct this infrastructure on Base. They're not hypothesizing; they're shipping.

I'm backing this experiment. If you think trustless, transparent transactions should be the default in Web3, not the exception, then keep your eyes on what's being built here.

The auction is live—let's see who else believes in this.

AUCTION-3,02%

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DefiOldTrickster

· 17h ago

Oh no, it's the old routine of "technology is there but no one uses it" again. I've heard this a hundred times in my ten years on the blockchain. The real question is, where's the arbitrage opportunity in trustless auctions? Without yield incentives, even the most transparent mechanism is pointless. Doing this on Base? How much of the profit can gas fees eat up, my friend?

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ETHReserveBank

· 18h ago

Basically, the technology exists, but no one is actually using it. That's the core issue.

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SoliditySurvivor

· 18h ago

Honestly, on-chain auctions have been possible for a long time, but no one has really built them. Really? Does the AUCTION project on Base dare to ship?

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gas_fee_therapist

· 18h ago

Hmm... it's that old tune of "We have the technology but just don't use it" again. Gotten tired of hearing it, bro.

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