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If blockchain technology is to reach true mass adoption, it will have to become cheaper and more efficient. Low transaction throughput on some of the most popular blockchains, most notably Ethereum, has kept gas fees high and hindered scalability. A host of new projects has cropped up to improve efficiency in the blockchain space, each with its own set of tradeoffs, including proof-of-capacity blockchain Subspace, which announced its $32.9 million Series A last week. 

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