RATE Group | MetaMask Is Working to Solve Ethereum Transaction Fees
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MetaMask Is Working to Solve Ethereum Transaction Fees

30 Jan MetaMask Is Working to Solve Ethereum Transaction Fees

Posted at 06:17h in Cryptocurrency News by

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MetaMask is trying to find a solution to Ethereum transaction fees, looking for ways to allow DApps to cover fees on behalf of users, improving the user experience.

MetaMask, the popular Ethereum wallet, has concluded its Generalized Metatransaction Contest. The contest was designed to find a solution to Ethereum transaction fees.

Currently, Ethereum users must pay a fee to send ETH tokens through DApps and other services. Those fees are necessary to prevent Ethereum from being flooded with spam transactions, but end users do not necessarily need to pay their own fees.

Instead, the service in question can cover costs on behalf of its users through meta-transactions, offering a more affordable and attractive user experience, similar to how EOS and TRON allow DApp developers to absorb transaction fees.

What MetaMask Wants

Ethereum and its related projects already offer some support for meta-transactions. As such, MetaMask’s contest aimed to unite those features with a universal…

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