As Web3 develops, high gas fees remain a thorn in its side. AraBalaghi argues that conquering this hurdle and lowering the entrance barriers will open the door to the next wave of DeFi.
on Ethereum is at a level of around 146 Gwei at the time of writing. The high cost of gas fees has become a financial nightmare for regular users in the Web3 space. This has led to the search for a solution that improves the decentralized finance ecosystem and makes it more usable and accessible.
With such an infrastructure, users can connect their wallet to any DApp, instantly access their funds on any chain or L2/rollup and then enjoy a gasless experience everywhere.Web3 will only succeed in faster adoption or even replacing Web 2.0 completely if users are able to interact freely without the burden of paying high gas fees.
We predict a future where transactions simply become free, instantaneous and safe. Take, for example, when you watch a movie on Netflix, you simply pay the subscription fee without having to deal with operation costs or hosting fees. By simplifying the Web3 user experience, the barrier to entry is lowered, ultimately becoming more open to a wider user base.
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