Topic: Blockchain with transaction fee in your own token, which one is? (Read 71 times)
May be steem with SMT make it?
I am looking for the same for a project, but until now I have not found any solution.
For ethereum they are working on a solution with the ERC865 protocol:
When it comes to using tokens as utility tokens, we need to strive for a good user experience. Introducing wallets and transactions to end users is a challenge, and having to explain that token holders needs ETH to send tokens is adding some friction to the process. The goal of this is to abstract the gas for the end user, by introducing a fee paid in tokens. A third party can then bring the transaction on-chain, pay for the gas of that given transaction and get tokens from that user.
but this is similar to what bitshares does, there still has to be an intermediary.
In Ardor project, you can (after payment) have your own blockchain, with an independent currency, but when communicating with the main blockchain you need an intermediary again.
In waves, I have seen that the miners could accept to charge commissions in a token, but that token has to have value to be accepted, I had even thought about getting a masternode, but I do not know if it will be enough to mine blocks with one's own token
For ethereum they are working on a solution with the ERC865 protocol:
When it comes to using tokens as utility tokens, we need to strive for a good user experience. Introducing wallets and transactions to end users is a challenge, and having to explain that token holders needs ETH to send tokens is adding some friction to the process. The goal of this is to abstract the gas for the end user, by introducing a fee paid in tokens. A third party can then bring the transaction on-chain, pay for the gas of that given transaction and get tokens from that user.
but this is similar to what bitshares does, there still has to be an intermediary.
In Ardor project, you can (after payment) have your own blockchain, with an independent currency, but when communicating with the main blockchain you need an intermediary again.
In waves, I have seen that the miners could accept to charge commissions in a token, but that token has to have value to be accepted, I had even thought about getting a masternode, but I do not know if it will be enough to mine blocks with one's own token
January 22, 2018, 12:49:32 PM
I tired to search a blockchain platform with issue own token where you can pay fee for transaction in your own token. BitShares can pay, but it's not true - owner of token pay in bitshares when you use his token. Waves platform is difficult way and team of waves platform want delete this functional from waves platform. Anything else?
Jump to: