ZeroGas
Last updated
Last updated
One of the biggest obstructions preventing regular people from using onchain applications is gas. This is both because the use must go out of their way to acquire the gas token and because they are constantly confronted with the cost of the service. When fees are not abstracted from the user, they are less likely to make successive interactions.
In VDEX, users pay no gas because they verify their own trades themselves with a lightweight node running in their browser. This is contrary to centralized applications which eliminates gas by eliminating decentralization and to account abstraction protocols where someone else pays the gas.
If the protocol is decentralized, then many users must verify transactions. These verifiers must be compensated for their compute. In distributed ledgers, this payment is called gas. So, if the protocol is decentralized, there must be gas. VDEX does not, in reality, eliminate gas, but has the user take on the responsibility of validating their own trades without being compensated for their compute (or being compensated by way of the privilege of making trustless transactions). The cost of this verification is the user's electricity and broadband connection, which should amount to no more than a few cents per month with 24/7 trading.
Beware of other protocols claiming "zero gas fees" without innovative solutions such as Virtual Rollup 1.2.