🪙 A step closer to mass adoption: What are gasless transactions for?

⚫️ In May, we mentioned that Tonkeeper developers added the ability to top up the Battery with $USDt and $NOT tokens. Before we even fully discharged our Batteries, a new feature aimed at simplifying blockchain interactions — gasless transactions — was introduced that same month.

⚫️ Those of you who have used non-custodial wallets know that any interaction with the blockchain requires a fee. This means that for a simple transfer of $USDt, you need TON in your balance. While this practice is standard in the crypto world, it's not always convenient, especially for newcomers. This is where the new version of TON wallets comes into play — «W5 Smart Wallet», or simply W5.

⚫️ This new standard has enabled the full implementation of gasless transactions, allowing you to transfer tokens without having TON in your account. Initially, the feature was available for the highly popular $USDt and $NOT tokens, and in late June, the fundamental meme jetton $BOLT joined the list. It's worth noting that these transactions, while extremely cheap, are not free — the fee is covered by the $NOT, $USDt, or $BOLT tokens you are transferring.

⚫️ Last week, we finally saw the official release of W5: just a day before, MyTonWallet updated to version 3.0, meaning everything was ready for the full launch of W5 and its mention in TON Community. Key features include gasless payments and multi-transaction sending (up to 255 at a time), with future plans to add two-factor authentication and emergency recovery of the secret phrase.

🖊 We invite you to test the new wallet standard with us and share in the comments how often you use gasless transactions.

@thedailyton