{"id":165068,"date":"2021-01-28T16:02:00","date_gmt":"2021-01-28T13:02:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/rsk-users-wont-have-to-pay-transaction-fees-with-new-integration\/"},"modified":"2021-01-28T16:02:00","modified_gmt":"2021-01-28T13:02:00","slug":"rsk-users-wont-have-to-pay-transaction-fees-with-new-integration","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/rsk-users-wont-have-to-pay-transaction-fees-with-new-integration\/","title":{"rendered":"# RSK users won\u2019t have to pay transaction fees with new integration"},"content":{"rendered":"<p>&#8220;<strong># RSK users won\u2019t have to pay transaction fees with new integration <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9mOWZkMDgyODZhNThiMDNlOTRlMTEzY2JjMzExMDc0My5qcGc=.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Bitcoin\u2019s smart contract-enabled sidechain RSK is introducing the concept of meta-transactions, which allows third parties to pay for a user\u2019s transaction fees.<\/p>\n<p>Announced on Thursday, the \u201cRIF Enveloping\u201d solution enables wallet providers to pay for their users\u2019 transactions. Paying transaction fees is currently a major adoption bottleneck in adoption for smart contract platforms. Users wishing to trade tokens must always have some units of the blockchain\u2019s native currency, for example Ether (ETH) for Ethereum and SmartBitcoin (RBTC) for RSK.<\/p>\n<p>RIF Enveloping introduces meta-transactions to enable greater flexibility for D<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a> developers. Smart contracts using the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> can choose to subsidize the user\u2019s gas fee completely, or request payment with tokens. The technology will be integrated with Beexo Wallet, one of the main wallet providers for RSK.<\/p>\n<p>Similar solutions exist on Ethereum as well, using OpenZeppelin\u2019s Gas Station Network. Wallets that use it include Argent, which uses smart contracts to store the user\u2019s tokens. While the company used to subsidize gas costs completely, the skyrocketing prices on Ethereum led them to discontinue the program. Nonetheless, despite their apparent benefits, meta-transactions have yet to achieve significant adoption on Ethereum.<\/p>\n<p>Diego Gutierrez Zaldivar, co-founder of RSK, told Cointelegraph that RIF Enveloping can be more impactful to RSK\u2019s ecosystem:<\/p>\n<blockquote><p>&#8220;One of the main reasons why RIF Enveloping can have broader adoption than similar solutions in the Ethereum ecosystem is that the solution was jointly designed with wallet providers such as Beexo, Defiant, Money on Chain, RSK Swap and large communities of users like Taringa, to maximize efficiency.\u201d<\/p><\/blockquote>\n<p>He also explained that RSK\u2019s solution has a technological advantage. Meta-transactions on Ethereum require redeploying contracts or using proxies, while RIF Enveloping can work with any existing token or contract.<\/p>\n<p>RSK features a growing ecosystem for decentralized finance. The recent launch of Sovryn brought a full suite of trading and lending products,\u00a0while existing platforms like Money on Chain\u00a0or RSK Swap recreated core DeFi projects on Ethereum like MakerDAO or Uniswap.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/rsk-users-won-t-have-to-pay-transaction-fees-with-new-integration\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# RSK users won\u2019t have to pay transaction fees with new integration &#8221; Bitcoin\u2019s smart contract-enabled sidechain RSK is introducing the concept of meta-transactions, which allows third parties to pay for a user\u2019s transaction fees. Announced on Thursday, the \u201cRIF Enveloping\u201d solution enables wallet providers to pay for their users\u2019 transactions. Paying transaction fees is&#8230;<\/p>\n","protected":false},"author":1,"featured_media":165069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9mOWZkMDgyODZhNThiMDNlOTRlMTEzY2JjMzExMDc0My5qcGc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74868,74879,72927,4965],"class_list":["post-165068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-defi","tag-wallet","tag-fees","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/165068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=165068"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/165068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/165069"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=165068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=165068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=165068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}