After working in this crypto market for so long, everyone is looking for something that can truly drive large-scale Web3 adoption. Blockchain technology must be usable and capable of lowering barriers; otherwise, no matter how fancy it is, it remains a game for a small circle.
Recently, I noticed an interesting phenomenon—within a leading exchange ecosystem, a payment-oriented L1 public chain has emerged, performing quite impressively. As a deep user, I think its real strength lies in its reimagining of the stablecoin payment system.
Think about it, why do most people find public chains frustrating? It’s mainly the Gas fees. A small transfer can have half the amount eaten up by fees, and sending money to family and friends requires checking exchange rates. This kind of experience is really subpar. But what has this project’s L1 architecture achieved? **Zero-fee transfers**. Truly zero.
What does this mean? It means that when you remit funds to a partner on the other side of the globe, you no longer need to worry about a few dollars in Gas costs. When shopping at partner merchants, you don’t need to reserve a bunch of miscellaneous tokens to pay fees. One stablecoin completes the entire process—sounds simple, but actually implementing it isn’t that easy.
They introduced the Paymaster abstract account technology, whose core logic is to allow users to pay fees directly with the same stablecoin used for transfers. How smooth is this? Honestly, many old public chains simply can’t do it. As the liquidity of this project gradually increases, what you see is a brand-new payment infrastructure taking shape.
From a broader perspective, this is not just a technical upgrade; it’s asking: can Web3 payments really be used? Can ordinary people use them seamlessly? When these questions get affirmative answers, that will truly mark the beginning of Web3’s move toward practical application.
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SchroedingerGas
· 3h ago
Zero fees? If that really becomes stable, it would be incredible. Finally, someone is taking payments seriously.
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AirdropHunterWang
· 7h ago
Zero fees? Now that's the right way. Finally, someone is doing the right thing.
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HappyToBeDumped
· 7h ago
Zero fees? Sounds great, but is there enough liquidity? Can it really be used?
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The paymaster system isn't new either; the key is whether people actually use it.
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Again, stablecoins for payments and infrastructure—this time, it won't be another PPT public chain, right?
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Alright, I admit I was attracted, but it depends on how the ecosystem looks in six months.
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Why do I always feel that these new L1s end up as tools for exchanges to harvest users?
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I've heard the "seamless experience" claim too many times; ordinary people don't even understand how to use a wallet.
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Partner merchants? Which merchants? I've never seen any that truly accept these.
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It's actually just reducing the cognitive load on users; that part is somewhat interesting.
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Instead of believing in new infrastructure, it's better to see who is actually using it.
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I've tried paymaster; the experience is definitely smoother than older chains, but large-scale adoption is still needed.
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SchrodingerWallet
· 7h ago
Zero fees sound great, but can it really stay stable? The only concern is that the operational costs might ultimately be passed on to the community.
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NFTPessimist
· 7h ago
Zero fees? Sounds too good to be true. Only real implementation counts.
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It's another public chain for payments. There are so many of these projects, but the key is whether they can retain users.
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Paymaster technology isn't new; the EVM ecosystem has been playing with it before. Being able to stand out is the real skill.
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Redesign of the stablecoin payment system? Basically still relying on the USDC model, nothing revolutionary.
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Liquidity enhancement = you have to invest money in it. In the end, it's just another pump-and-dump scheme.
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Invisible usage? Wake up. Grandma still can't figure out how to use MetaMask.
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I've heard this logic too many times. Every new project claims to be the last savior.
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Gas fees are indeed annoying, but who bears the cost behind zero fees? That's the real question.
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Paymaster is good, but do ordinary people really care about it? Or is it only on-chain players who pay attention?
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What’s the use of endorsements from top exchanges? How many times has USDT collapsed and you forgot?
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Deconstructionist
· 7h ago
Zero fees sound great, but can it really survive? Liquidity and adoption are the keys.
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Paymaster's approach is indeed elegant, but someone should have done a stablecoin payment system long ago. Why has it taken so long?
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Alright, maybe this time it really is that thing, but I still want to see the data after six months before making any judgments.
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Old mainnets should be worried. Once zero-cost payments are operational, how can other chains survive?
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Another "this time it's different" story? Don't rush, I want to see how long it can last first.
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Paymaster's abstract accounts are not new. The key is whether the ecosystem can take off; everything is a game of liquidity.
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Transferring money to family without worrying about Gas fees—I'm loving this. Finally, no more being exploited all the time.
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Wait, where does the zero-fee money come from? DEX fees? Or are they earning elsewhere? Feels like there's a loophole in this logic.
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The public chain for payments seems to be a bit different this time, provided stablecoins can truly become widespread.
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After all this hype about "application-level" solutions, there's finally some progress, but whether it can really run is still uncertain.
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OnchainHolmes
· 7h ago
Zero fees? Now that's the right way. The nightmare of Gas fees has finally been seriously addressed.
This Paymaster solution sounds good, but I'm worried that liquidity might not keep up later, turning it into an empty promise.
Payment is the key to large-scale adoption, no doubt, but it still depends on how well it actually works in real-world scenarios.
After working in this crypto market for so long, everyone is looking for something that can truly drive large-scale Web3 adoption. Blockchain technology must be usable and capable of lowering barriers; otherwise, no matter how fancy it is, it remains a game for a small circle.
Recently, I noticed an interesting phenomenon—within a leading exchange ecosystem, a payment-oriented L1 public chain has emerged, performing quite impressively. As a deep user, I think its real strength lies in its reimagining of the stablecoin payment system.
Think about it, why do most people find public chains frustrating? It’s mainly the Gas fees. A small transfer can have half the amount eaten up by fees, and sending money to family and friends requires checking exchange rates. This kind of experience is really subpar. But what has this project’s L1 architecture achieved? **Zero-fee transfers**. Truly zero.
What does this mean? It means that when you remit funds to a partner on the other side of the globe, you no longer need to worry about a few dollars in Gas costs. When shopping at partner merchants, you don’t need to reserve a bunch of miscellaneous tokens to pay fees. One stablecoin completes the entire process—sounds simple, but actually implementing it isn’t that easy.
They introduced the Paymaster abstract account technology, whose core logic is to allow users to pay fees directly with the same stablecoin used for transfers. How smooth is this? Honestly, many old public chains simply can’t do it. As the liquidity of this project gradually increases, what you see is a brand-new payment infrastructure taking shape.
From a broader perspective, this is not just a technical upgrade; it’s asking: can Web3 payments really be used? Can ordinary people use them seamlessly? When these questions get affirmative answers, that will truly mark the beginning of Web3’s move toward practical application.