How TEA Project Allows for Gas-free Transactions
Ethereum users have long complained about the high gas fees on the network which dissuades transactions below a certain threshold. The gas fee issue could also be a potential roadblock to emerging Web3 projects looking to encourage adoption and scale usage of its dApps. Users want an experience similar to web 2.0 where they don’t have to worry about fluctuating usage fees when using their favorite apps.
Besides tech stack scalability, a Web3 platform also needs stability so that transactions don’t suffer from fluctuating gas costs. As popular as Ethereum has been, can you imagine how much more market share it would have if it could’ve gotten its gas fees under control starting back in DeFi summer (2020)? Unfortunately for Ethereum its rising gas fees also led to the rise of low-fee alternative EVM-compatible chains like Fantom and Polygon.
The TEA Project’s design is not only scalable, it also paves the way for mass adoption by unlocking gas-free transactions on its layer-2. High gas cost is a tax borne by a network’s users to pay for inefficiencies in a blockchain’s ability to scale. TEA’s dual-layer chain allows for both blazing fast dApp speeds together with no transaction costs for app usage.
Those of you familiar with TEA Project’s architecture already know that our Web3 architecture has a theoretically unlimited TPS. But what about the issue of gas fees: will fluctuating gas prices hamper adoption of TEA’s TApps?
To ensure gas fees don’t hamper network adoption, the TEA Project enables gas-less transactions by utilizing two different layers:
When users interact with TApps on the TEA Project, they’re using these apps within the context of our layer-2. Every mining node on TEA’s layer-2 has a hardware security module like a TPM chip which allows them to host distributed applications securely. The various TApps that users interact with on the platform are compiled into a format known as WebAssembly.
How Gas-less Fees Work in Practice
Let’s imagine how an ordinary person wanting to use a TApp with gas-free transactions would actually get started.
- A user has TEA tokens in their wallet. Transactions performed in TEA with the user’s layer-1 wallet will incur a gas fee.
- The user browses for apps in the TApp Store.
- Each TApp will have its own wallet account. Once funds are transferred to a TApp’s wallet account, the user will enjoy gas-less transactions in the TApp.
Each TApp therefore has its own wallet account that users will transfer funds into that allows for gas-less transactions. Let’s say that a user is interested in using the TEA Party social networking app.
Here’s how they would move funds to their TEA Party layer-2 wallet to start using the TApp:
As you can see, only moving funds into or out of the layer-2 TApp wallet incurs a gas fee. TApps will have their fees for using the application set by the developer but this isn’t related to gas. In the TEA Project, TApp usage has no gas costs and only utility costs. For example, users who post messages to our Web3 TApp **TEA Party** will have to pay to post both public and private messages. Since the miners and developers need to be paid for their work, it’s appropriate that the user getting utility from the TApp is the one to pay.
Users looking to get started with the TEA Project’s social networking app as well as other TApps can find them at wallet.teaproject.org. If you have any questions, come ask them in our Telegram group.
