 Gavin Wood’s biggest hope: Free crypto transactions and Web3 tech worldwide 
2024-08-27

Gavin Wood’s biggest hope is making Web3 technology and cryptocurrency a socially beneficial public good.
For Web3 to fulfill its true purpose, cryptocurrency transactions should become free of transaction fees, according to Gavin Wood, co-founder of Ethereum, Polkadot and Kusama.
Speaking exclusively to Cointelegraph during the Web3 Summit in Berlin, Wood said:
Wood’s upcoming tattoo-based Web3 individuality solution, proof-of-ink, is a significant part of his efforts to make crypto and Web3 free to use worldwide.
Buterin and Wood wanted to remove Ether from the Ethereum ecosystem
In a surprising development for crypto investors, Wood and Ethereum co-founder Vitalik Buterin initially wanted to get rid of the Ether ETHUSD token.
The two core Ethereum founders were initially exploring an Ether-less Ethereum ecosystem back in 2013, Wood told Cointelegraph:
Gavin Wood, interview with Cointelegraph’s Zoltan Vardai. Source: YouTube
Buterin and Wood finally decided to keep Ether as an efficient anti-spam mechanism as well as a means of raising funds for further innovation.
We need to “divorce Ethereum from Ether” 
Despite Ether being the second-largest cryptocurrency, developers will need to divorce it from the Ethereum network.
This difficult feat is necessary to onboard the 6 billion Web2 users to the Web3 space, explained Wood:
Gavin Wood, interview with Cointelegraph’s Zoltan Vardai. Source: YouTube
Polkadot’s JAM chain is making strides toward free cryptocurrency transactions, which is Wood’s guiding star for Web3, explained Wood: