【Crypto World】Genius officially announces a series of platform trading optimization updates, focusing on improvements based on user feedback regarding fees and cross-chain experience.
Significant reductions have been achieved in Gas fees. The team fixed the issue of overestimated on-chain Gas limit calculations for EIP-1559 chains and adjusted the logic for setting maxPriorityFeePerGas, avoiding previous unreasonable charges. This means that the cost of each user transaction will substantially decrease.
The BNB cross-chain exchange experience has also been optimized. The new version adds an appropriate Gas buffer mechanism to effectively prevent transaction failures caused by insufficient Gas, while also controlling additional costs to avoid imposing noticeable fee pressure on users.
The update also introduces the EIP-7702 standard to address the issue of cross-chain transaction fee sponsorship. The improved process can correctly execute third-party sponsored cross-chain transactions, thoroughly resolving the execution failures present in the old version and truly implementing the sponsored transaction feature.
Overall, this update focuses on reducing user transaction costs and enhancing cross-chain interaction stability, with the most noticeable improvements for users who frequently perform cross-chain operations and large transactions.
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CryptoCrazyGF
· 12h ago
Gas fees are finally not so outrageous anymore; it was about time to do this.
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ChainPoet
· 12h ago
Gas fees significantly decreased? This time it's finally not a scam to cheat retail investors. Let me see how much I can save.
Wait, is this really true this time... How many times have they promised before?
The excuse of upgrading cross-chain experience is getting tired. The key still depends on user feedback.
They are also working on EIP-7702. How long can they keep relying on technical tricks?
It feels like Genius is working seriously. Finally, some good news.
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AirdropHunterXM
· 12h ago
Finally, a platform is seriously cutting down on gas fees. The previous transaction fees were really outrageous.
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Cross-chain no longer fails instantly. This update definitely earns some points.
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Wait, can it really be cheaper this time, or do we have to test it ourselves again?
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EIP-7702 has some potential. The fee sponsorship is finally on the agenda.
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Another air-puffed update... Let's wait and see the actual results.
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The gas buffer mechanism sounds pretty good, but it depends on how well it's implemented.
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Genius, is this finally making a comeback? I really had a bad experience using it before.
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FUD_Vaccinated
· 12h ago
The gas fee has finally dropped. What was that ridiculous estimation called before?
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SandwichDetector
· 12h ago
Oh my god, it's finally fixed. The previous gas fees were really outrageous.
It should have been optimized like this earlier; lowering the fees is a win.
Sounds good, but the key is to see how the actual results turn out.
Cross-chain experience upgrade? Please don't just make empty promises again.
The gas buffer mechanism is quite interesting this time, helps prevent pitfalls.
View OriginalReply0
BankruptcyArtist
· 12h ago
Gas fees significantly decreased? This time, Genius really has something, finally no more bleeding to pay a fee.
View OriginalReply0
NewPumpamentals
· 12h ago
The gas fee has finally decreased, and those unjustified payments before were wasted.
Genius announces multiple technical optimizations, significantly reducing Gas fees and upgrading cross-chain experience
【Crypto World】Genius officially announces a series of platform trading optimization updates, focusing on improvements based on user feedback regarding fees and cross-chain experience.
Significant reductions have been achieved in Gas fees. The team fixed the issue of overestimated on-chain Gas limit calculations for EIP-1559 chains and adjusted the logic for setting maxPriorityFeePerGas, avoiding previous unreasonable charges. This means that the cost of each user transaction will substantially decrease.
The BNB cross-chain exchange experience has also been optimized. The new version adds an appropriate Gas buffer mechanism to effectively prevent transaction failures caused by insufficient Gas, while also controlling additional costs to avoid imposing noticeable fee pressure on users.
The update also introduces the EIP-7702 standard to address the issue of cross-chain transaction fee sponsorship. The improved process can correctly execute third-party sponsored cross-chain transactions, thoroughly resolving the execution failures present in the old version and truly implementing the sponsored transaction feature.
Overall, this update focuses on reducing user transaction costs and enhancing cross-chain interaction stability, with the most noticeable improvements for users who frequently perform cross-chain operations and large transactions.