Gluwa Integrates ITX for 15% Cheaper Transactions
  • Gluwa and ITX will integrate to optimize gas management.
  • The collab will result in them reducing ETH transaction costs by 10-15%.
  • ITX will aid Gluwa in decentralizing financial infrastructure aiming to ensure easier access to global investment opportunities

Blockchain-powered Gluwa, a platform for borderless financial transactions, is now integrating with Infura Transactions (ITX). The high throughput transaction relayer service optimizing the transaction settlement layer will help Gluwa with retry and relay services as well as optimize gas management.

Settlement optimization within the collab will be achieved by minimizing stalled or dropped transactions instances. This, alongside reduced gas costs through an incremental bidding process, will potentially reduce ETH transaction costs by 10-15%. The integration also hopes to achieve minimal dropped transactions and retry instances with higher gas fees after a transaction remains pending in a prolonged interval.

ITX works by verifying the existence of sufficient gas tan…

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

×