Metatransaction

Metatransaction refers to the transactions that are executed by third parties on behalf of the original signer, ferrying the record to the public blockchain. Metatransactions completely mitigate the gas price along with the complexities that come with executing a transaction on the blockchain.

Using metatransaction, a user can facilitate any transaction with a single click. Metatransaction allows dApps to significantly reduce the gas fees and other chain token payments by keeping the transaction within the standard blockchain transaction.

The burden of facilitating the transaction and gas fees is left to third parties. This is effective for dApps to promote gasless transactions while acquiring more users by sponsoring their transactional fees.