🚀 Visa Simplifies Crypto Gas Fees! 💳
Visa has successfully tested a game-changing solution allowing users to pay gas fees with credit or debit cards! 🌐 This innovation aims to make blockchain transactions more accessible and affordable, eliminating the need for users to have cryptocurrency in their wallets. 🎉
Key points:
- Visa's solution uses paymaster contracts and account abstraction to streamline gas fee payments.
- Cardholders can sponsor gas fees for their Contract Accounts, e.g., minting tokens in a DeFi project.
- The off-chain service signs data with a secret key, and the paymaster contract verifies it with a public key.
This breakthrough could accelerate blockchain adoption and make transactions more user-friendly! 🌟 What are your thoughts on this development? Share your opinions in the comments below! 👇