1/ A major challenge in adopting blockchain is the need to pay transaction fees with native blockchain tokens.

21 Dec 2023, 14:44
1/ A major challenge in adopting blockchain is the need to pay transaction fees with native blockchain tokens. This process often involves complex steps, which can be difficult and confusing for many users. Universal Profiles & Transaction Relay Services can fix this ๐Ÿงต๐Ÿ‘‡

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LUKSO
LUKSOLYX #519
Twitter
21 Dec 2023, 14:44
9/ Learn more about how LUKSO is transforming the blockchain landscape with gasless transactions and Universal Profiles
9/ Learn more about how LUKSO is transforming the blockchain landscape with gasless transactions and Universal Profiles.
9/ Learn more about how LUKSO is transforming the blockchain landscape with gasless transactions and Universal Profiles
LUKSO
LUKSOLYX #519
Twitter
21 Dec 2023, 14:44
8/ LUKSO is leading the way in redefining blockchain experiences with Universal Profiles, offering a user-friendly way to interact onchain without the stress of transaction fees. The future of this area is promising and focused on the user experience.
8/ LUKSO is leading the way in redefining blockchain experiences with Universal Profiles, offering a user-friendly way to intera
8/ LUKSO is leading the way in redefining blockchain experiences with Universal Profiles, offering a user-friendly way to interact onchain without the stress of transaction fees. The future of this area is promising and focused on the user experience.
LUKSO
LUKSOLYX #519
Twitter
21 Dec 2023, 14:44
5/ LUKSO provides its own relayer service, giving each account a certain amount of free usage of the Universal Profile. This allows people to enjoy advanced features onchain without worrying about transaction fees!
5/ LUKSO provides its own relayer service, giving each account a certain amount of free usage of the Universal Profile.
5/ LUKSO provides its own relayer service, giving each account a certain amount of free usage of the Universal Profile. This allows people to enjoy advanced features onchain without worrying about transaction fees!
LUKSO
LUKSOLYX #519
Twitter
21 Dec 2023, 14:44
4/ There are many types of services, known as relayers, supporting the Universal Profile system. These relayers come with different business models, such as subscription-based or score-based services, and some are compatible with #ERC4337.
4/ There are many types of services, known as relayers, supporting the Universal Profile system.
4/ There are many types of services, known as relayers, supporting the Universal Profile system. These relayers come with different business models, such as subscription-based or score-based services, and some are compatible with #ERC4337.
LUKSO
LUKSOLYX #519
Twitter
21 Dec 2023, 14:44
3/ Universal Profiles ( @ERC725Account ) are a type of smart contract account that makes gasless transactions possible ๐Ÿšซโ›ฝ๏ธ๐Ÿ’ช They allow their controllers to manage transaction fees in various ways, including using third parties for off-chain and onchain settlements.
3/ Universal Profiles ( @ERC725Account ) are a type of smart contract account that makes gasless transactions possible ๏ธ.
3/ Universal Profiles ( @ERC725Account ) are a type of smart contract account that makes gasless transactions possible ๐Ÿšซโ›ฝ๏ธ๐Ÿ’ช They allow their controllers to manage transaction fees in various ways, including using third parties for off-chain and onchain settlements.
LUKSO
LUKSOLYX #519
Twitter
21 Dec 2023, 14:44
2/ The issue lies in the limitations of Externally Owned Accounts (EOA's), which require users to have native tokens for paying transaction fees. In contrast, smart contract accounts can pass the fee payment to someone else, offering a potential solution ๐Ÿ’ญ๐Ÿ’ก
2/ The issue lies in the limitations of Externally Owned Accounts (EOA's), which require users to have native tokens for paying
2/ The issue lies in the limitations of Externally Owned Accounts (EOA's), which require users to have native tokens for paying transaction fees. In contrast, smart contract accounts can pass the fee payment to someone else, offering a potential solution ๐Ÿ’ญ๐Ÿ’ก