“Automating away the issue around high network transaction fees”
2021 has seen a stark increase in transaction fees on popular crypto networks, none so more than Ethereum, where user-facing fees have regularly crossed $100 for long periods of time.
The idea is that every platform, centralized or decentralized, worth its salt should provide the “ability to let users schedule a transaction when the associated fees on the network have crossed a certain threshold”
This can be done in a multitude of ways –
- allowing users to schedule a transaction when the transaction fee hits/crosses a certain threshold, so that the transaction goes through automatically
- building a widget that allows notifies users that the transaction fee on the network has crossed a certain threshold (above or below) so that users can log in to manually trigger the transaction