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Author Topic: Are Web3 payments being more simplified?  (Read 84 times)
R1dwanRz (OP)
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October 30, 2024, 11:57:03 AM
Last edit: October 30, 2024, 02:18:52 PM by R1dwanRz
 #1

Web3 blockchains are paving the way for the future of crypto. Many industries will use these technologies for accessible, low-cost transactions and microeconomies. Projects like Fuse Network are working to make this vision a reality by keeping low cost transaction fees and simplifying complex blockchain processes through features like Account Abstraction.

Fuse even supports branded stablecoins and loyalty programs for businesses that want to engage users directly through Web3. I'm really super curious to see how these features will evolve and get adopted in more mainstream uses. Currently their FUSE token has recently been listed on exchanges, so they want to make it accessible to more people with their project on cexs, I believe projects like this are leading the charge, so aren't we finally seeing a more practical and user-friendly Web3? Maybe this will really push more people into using Web3 daily?
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October 31, 2024, 01:44:30 AM
 #2

Honestly I don't think simplifying web3 payments and account abstraction requires deploying new blockchain like what fuse did  Grin, it's just unnecessary overhead in my opinion and I think they can just create a platform on an existing blockchain like that.

the account abstraction that simplify web3 payment that actually effective as far as I know is something like binance pay, etc. moreover if you want cheap cost and high throughput, simply settle with solana, the blockchain is fast and can be utilized for exactly what fuse is doing. but I guess that's just my opinion.

personally I don't think reinventing the wheel is good in this case. heck if we're talking about EVM compability, other ETH l2 can do exactly that and they're cheap enough like BASE and OP.

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November 01, 2024, 11:59:31 AM
 #3

Honestly I don't think simplifying web3 payments and account abstraction requires deploying new blockchain like what fuse did  Grin, it's just unnecessary overhead in my opinion and I think they can just create a platform on an existing blockchain like that.

the account abstraction that simplify web3 payment that actually effective as far as I know is something like binance pay, etc. moreover if you want cheap cost and high throughput, simply settle with solana, the blockchain is fast and can be utilized for exactly what fuse is doing. but I guess that's just my opinion.

personally I don't think reinventing the wheel is good in this case. heck if we're talking about EVM compability, other ETH l2 can do exactly that and they're cheap enough like BASE and OP.

Solana is good but varieties isn't bad, I guess that's when fuse comes in with their simplification techniques. Also the fact that it's on ETH right??

What do you think about Fuse Price trend? Given it's applications in the ecosystem.

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November 01, 2024, 12:52:56 PM
 #4

Honestly I don't think simplifying web3 payments and account abstraction requires deploying new blockchain like what fuse did  Grin, it's just unnecessary overhead in my opinion and I think they can just create a platform on an existing blockchain like that.

the account abstraction that simplify web3 payment that actually effective as far as I know is something like binance pay, etc. moreover if you want cheap cost and high throughput, simply settle with solana, the blockchain is fast and can be utilized for exactly what fuse is doing. but I guess that's just my opinion.

personally I don't think reinventing the wheel is good in this case. heck if we're talking about EVM compability, other ETH l2 can do exactly that and they're cheap enough like BASE and OP.

Solana is good but varieties isn't bad, I guess that's when fuse comes in with their simplification techniques. Also the fact that it's on ETH right??

What do you think about Fuse Price trend? Given it's applications in the ecosystem.

What would make the person use FUSE instead of what was discussed previously?
Not that I am complaining, but I am just interested in what would make a person to go through a new road instead of the old one.. Grin

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