Imagine walking into a buffet restaurant. After your meal, there's no need to dig into your wallet for change; just a gentle wave of your membership card automatically settles the bill in the background. This seamless "feelless consumption" experience is now being realized in a major Layer2 ecosystem through Paymaster technology — it fundamentally changes the transaction logic in Web3.
The crypto world has long faced a bottleneck issue: newcomers wanting to experience NFTs or DeFi first need to buy **ETH** or **XPL** on exchanges to pay for Gas fees. This "which came first, the chicken or the egg" paradox keeps hundreds of millions of Web2 users out. The essence of Paymaster is actually quite simple — it acts as an "intelligent translator" between blockchain protocols and user experience.
Technically, Paymaster is a deep iteration of account abstraction (ERC-4337) within a Layer2 framework. In traditional Ethereum transfers, the sender must pay Gas out of pocket. But in this new system, transactions are redefined as User Operations, which no longer go directly to miners but are first routed through an Entry Point contract, a "transaction relay station." The actual payment logic is separated out and handled by the Paymaster — it can pay Gas on behalf of users, settle with stablecoins, or even provide dynamic subsidies based on user identity.
As a result, the entry barrier for new users drops to the floor. You don't need to hold tokens first to participate in on-chain applications. This has the same significance for promoting large-scale adoption of Web3 as Alipay's promotion of e-commerce in its early days.
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SchrodingerWallet
· 2h ago
Paymaster, to put it simply, is just helping newcomers cover gas fees, but how many of these can actually be implemented?
Old folks, listen to me, don’t be fooled by marketing. This thing is essentially centralized subsidies. Who will pay the bill?
Layer 2 ecosystems want to leverage this for a shortcut to surpass, but gas is already cheap, the real bottleneck lies elsewhere.
Feeless transactions sound impressive, but when transaction congestion occurs, you'll understand what discomfort really means.
I think paymaster is at most a transitional solution. In the long run, those who can truly achieve cost optimization will be the winners.
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IfIWereOnChain
· 01-23 02:30
Hey, wait a minute. Wouldn't that mean the platform has to cover the gas fees themselves? Can it survive long-term?
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APY追逐者
· 01-23 02:25
Paymaster really broke the deadlock. No need to stock up on coins first, just get on board directly. This is what Web3 should look like.
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StablecoinAnxiety
· 01-23 02:24
Paymaster is really a lifesaver for Web3; finally, someone has figured out the experience aspect of this.
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CountdownToBroke
· 01-23 02:13
If paymaster really becomes practical, that would be incredible. But on the other hand, the gas fee issue has long needed to be addressed; many people have been discouraged because of this.
Imagine walking into a buffet restaurant. After your meal, there's no need to dig into your wallet for change; just a gentle wave of your membership card automatically settles the bill in the background. This seamless "feelless consumption" experience is now being realized in a major Layer2 ecosystem through Paymaster technology — it fundamentally changes the transaction logic in Web3.
The crypto world has long faced a bottleneck issue: newcomers wanting to experience NFTs or DeFi first need to buy **ETH** or **XPL** on exchanges to pay for Gas fees. This "which came first, the chicken or the egg" paradox keeps hundreds of millions of Web2 users out. The essence of Paymaster is actually quite simple — it acts as an "intelligent translator" between blockchain protocols and user experience.
Technically, Paymaster is a deep iteration of account abstraction (ERC-4337) within a Layer2 framework. In traditional Ethereum transfers, the sender must pay Gas out of pocket. But in this new system, transactions are redefined as User Operations, which no longer go directly to miners but are first routed through an Entry Point contract, a "transaction relay station." The actual payment logic is separated out and handled by the Paymaster — it can pay Gas on behalf of users, settle with stablecoins, or even provide dynamic subsidies based on user identity.
As a result, the entry barrier for new users drops to the floor. You don't need to hold tokens first to participate in on-chain applications. This has the same significance for promoting large-scale adoption of Web3 as Alipay's promotion of e-commerce in its early days.