Gas Station Networks (Gsn)
| Gas station networks (GSN) are decentralized networks of relayers that enable you to build decentralized applications (dApps). GSN is composed of three parts: the relayers, the gas station client (GSC), and the dApp. The relayers are the backbone of the network, providing the infrastructure that allows dApps to interact with the Ethereum blockchain. The GSC is a software client that allows dApps to access the gas station network. The dApp is the application that is built on top of the gas station network. GSN was created to solve the problem of high transaction fees and slow transaction times on the Ethereum network. GSN allows dApps to use relayers to pay for gas, which is a fraction of a cent. This is possible because the relayers are paid by the dApp developers, not the users. This means that dApps can use GSN to pay for gas without having to charge users high fees. GSN is still in its early stages, but it is already being used by a number of dApps. One example is Augur, a decentralized prediction market that is built on top of the GSN. Augur allows users to bet on the outcome of events, such as elections, and earn rewards if they are correct. Another example is Gnosis, a decentralized exchange that is also built on top of the GSN. Gnosis allows users to trade cryptocurrencies and other digital assets in a safe and secure way. As GSN continues to grow, it will become increasingly important for dApp developers to understand how it works. This guide will provide you with an overview of the gas station network and how it can be used to build decentralized applications. |
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