Community Forex Questions
What are gas station networks (GSN)?
The Gas Station Network (GSN) is a decentralised network of relayers that primarily uses the Ethereum blockchain. It enables you to create decentralised applications (dApps) that accept payment for transactions, removing the requirement for users to possess Ether or ETH in order to pay for petrol, streamlining their onboarding process and boosting user acquisition and experience.
However, whereas GSN relayers do not charge users, they do charge the recipient and contract. In this manner, the relayers recover transaction expenses and profit from additional fees for offering such services.
The GSN, which was first conceptualised and designed by TabooKey, has grown to include many firms, protocols, and platforms in the Ethereum ecosystem who aim to improve user onboarding to Ethereum applications.
However, whereas GSN relayers do not charge users, they do charge the recipient and contract. In this manner, the relayers recover transaction expenses and profit from additional fees for offering such services.
The GSN, which was first conceptualised and designed by TabooKey, has grown to include many firms, protocols, and platforms in the Ethereum ecosystem who aim to improve user onboarding to Ethereum applications.
Jun 08, 2023 07:48