Ethereum for banks: What ETHGas’s advance transaction bookings offer
Photo: AMBCrypto
ETHGas is selling banks and trading firms the possibility to reserve space in an Ethereum block beforehand. Its Institutional Blockspace offer aims to fulfil customer wishes on the choice of validators, as they settlet transactions on public network. Booking space before sending a transaction Ethereum handles its transactions in blocks. Each block has a limited capacity, and users pay fees to place their transactions. The ETHGas facility includes a marketplace where purchasers can commit to purchasing processing capacity in the future [i.e., book a place in a future batch].
Source: AMBCrypto
