Public blockchain networks typically require users to create accounts and pay transaction fees using cryptocurrencies to access services. These requirements can present challenges, especially for new users, due to the complexities of setting up wallets and managing cryptographic keys. Additionally, scalability concerns in public blockchains often result in network congestion and slower transaction times during peak usage. This paper introduces a solution designed using solidity, enabling users to interact with the blockchain via meta-transactions without the need to create accounts or use cryptocurrencies for fees. Instead, users can pay fees in their local fiat currencies, which make blockchain services more accessible and scalable. By allowing multiple users to engage with the blockchain using fiat, this approach optimizes the system’s scalability, facilitating a higher volume of transactions. We have implemented this solution on a blockchain platform to showcase its practical feasibility and effectiveness.

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Meta-Transactions as a Scalable and Optimal Solution in Public Blockchains

  • Mohuya Chakraborty,
  • Sudip Kumar Palit

摘要

Public blockchain networks typically require users to create accounts and pay transaction fees using cryptocurrencies to access services. These requirements can present challenges, especially for new users, due to the complexities of setting up wallets and managing cryptographic keys. Additionally, scalability concerns in public blockchains often result in network congestion and slower transaction times during peak usage. This paper introduces a solution designed using solidity, enabling users to interact with the blockchain via meta-transactions without the need to create accounts or use cryptocurrencies for fees. Instead, users can pay fees in their local fiat currencies, which make blockchain services more accessible and scalable. By allowing multiple users to engage with the blockchain using fiat, this approach optimizes the system’s scalability, facilitating a higher volume of transactions. We have implemented this solution on a blockchain platform to showcase its practical feasibility and effectiveness.