Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
- Ethereum said it will significantly improve the convenience of paying transaction fees, or gas fees.
- It said it has decided to include Frame Transactions (EIP-8141) in the Hegotá upgrade scheduled for 2027.
- It said the introduction of Frame Transactions would make it possible to pay gas fees with stablecoins and other digital assets.
Forecast Trend Report by Period
Ethereum is moving to make transaction-fee, or gas-fee, payments far more convenient. In the future, users may be able to pay gas fees with stablecoins and other digital assets without holding Ether directly.
CoinDesk reported on September 7 that Ethereum core developers decided on August 27 to include Frame Transactions, or EIP-8141, in the Hegotá upgrade scheduled for 2027.
At present, all transaction fees on Ethereum must be paid in Ether. As a result, users cannot transfer stablecoins or other digital assets from a wallet if it does not also hold ETH.
If Frame Transactions is introduced, the account approving a transaction can be separated from the account paying the fee. That would allow a payments application to pay gas fees in Ether on a user’s behalf, or receive stablecoins from the user and settle the fee with that amount.
Ethereum co-founder Vitalik Buterin wrote that important progress on Frame-related work has been taking place quietly over the past few months.
Source: en.bloomingbit.io