Gas Station Network: Paying Fees in Ethereum
Gas Station Networks (GSN) is a network that allows the creation of decentralized applications (dApps) that provide payment transactions so that users do not have to hold Ether or ETH to pay for gas.
What are Gas Station Networks?
A GSN is a relay network that refers to the Ethereum blockchain. It is a decentralized relay network, which has an analogy with the GSN system. The Network of this network provides the possibility to create decentralized applications (dApps), providing payment services. Among the features of these apps, users do not need to hold Ether or ETH to pay for gas, improving user experience and improved user performance.
GSN was originally created by TabooKey, the first to develop and create it was intended for TabooKey. In the Ethereum ecosystem today, there are many companies, protocols and platforms that want to make it easy for users to connect with their applications. The network spans many companies in different sectors of the ecosystem who want to make it easier for users to connect to them.
Ethereum is notorious for low transaction speeds and high fees when the network is overloaded and it can seem like a costly investment. However, GSNs thrive because their fees are still relatively more affordable than the capital required for traditional marketing, user engagement, and new user acquisition.
GSNs have evolved and improved over time, providing even greater convenience: some allow users to pay the platform or recipient off-chain in advance via traditional methods, such as a credit card, with each GSN use deducted from their balance in the recipient platform system.
All systems are automated with smart contracts, which greatly improves reliability and user experience (UX).
The president and co-founder of HAL is Marco De Rossi. He envisions a future in which companies and developers can choose which decentralized technologies to integrate, depending on what they need. Marco is an accomplished speaker with a background in economics and the arts. He has extensive experience in the technology space as a programmer, digital marketing consultant and journalist.
HAL is a Web3 data infrastructure tool that allows developers, protocols and companies to track, monitor and run data with simple APIs and push notifications. Its goal is to democratize and simplify access to blockchain infrastructure by connecting decentralized and centralized technologies.