though all the small transactions are going to be paid in the gigbit credits that is especially designed for micro-transactions.
Hi
,
GigTricks will use GigBit credit for small transactions but there are some more functionalities to consider.
The sequence of events includes the following:
-- The user will confirm the conversion, and that amount of GigBit credits is locked for further usage by Hyperledger chaincode.
-- When peers confirm the transaction (consensus), Hyperledger chaincode triggers GigBit tokens transfer transaction in Ethereum smart contract.
-- If the Ethereum transaction was executed successfully, GigBit credits are burnt, and GigBit tokens are sent to the user’s address. In case of any issues with sending this transaction on Ethereum Blockchain, the transaction is rolled back, unlocking the amount in Hyperledger chaincode for further usage.