Etherspot TransactionKit: Build Web3 Multichain Apps In Minutes

Etherspot TransactionKit: Build Web3 Multichain Apps In Minutes

Written by

Alexandra

March 21, 2023

New Etherspot

Building Web3 apps is challenging. It usually requires a high level of expertise, advanced development and coding skills, and a deep understanding of blockchain technology. What if we told you that a developer without blockchain knowledge can create a multi-chain decentralised app (dApp) in a couple of minutes? This may sound too unbelievable to be true, but let's explore this together.

Web3 Development Pain Points

Web3 is still very complex and there are barriers to entry that make it challenging for developers to integrate blockchain technology into their applications. The infrastructure and user experience of Web3 have a steep learning curve, making it hard to use. The development toolchain is not friendly, and this leads to limited adoption. Furthermore, the blockchain landscape is rapidly changing, with new names, techniques, ways of doing things, new developments and approaches such as smart wallets, multiple chains, cross-chain assets swapping, account abstraction, etc. This makes it expensive to develop new solutions and build decentralised applications, whilst keeping up to date with all the advancements in the blockchain space.

Back-end and front-end developers face many obstacles building apps on blockchain. This is especially true for front-end developers who are responsible for translating blockchain data into a user interface that delivers it to the end user. As a result of this complexity, we’ve noticed that it leads to low adoption, alienation and limited capabilities in Web3.

The answer is TransactionKit. This is a React Library for dApp developers. The idea for the TransactionKit name was born from the fact that at the heart of every blockchain action is a transaction.

Etherspot’s TransactionKit:

  • Removes the complexity of blockchain development & reduces barriers to entry.
  • Lets Web2 devs, without blockchain knowledge, build advanced Web3 apps.
  • Gives frontend developers full creative control on how their components look
  • Helpful code and error messages. If errors occur, TransactioKit will guide the developer through the steps required to fix them.

What do applications get with Etherspot’s TransactionKit?

Besides simple actions like sending transactions, your dApp gets access to all the Etherspot powers too.

Transaction bundling.

With this feature, you can combine multiple transactions into one, making it easier for your users to perform multiple transactions in a single click. This will allow your users to take fewer steps and give more freedom and flexibility in their actions on blockchain.

Your dApp can now acquire users from many chains.

Etherspot currently supports 14+ blockchains (Ethereum, Polygon, Gnosis Chain, Binance Smart Chain, Arbitrum, Optimism, Fantom, Avalanche, Moonbeam, Aurora, Celo, Fuse, and more). You will be able to onboard users to your dApp from all of these chains without adding support for each blockchain separately. 

Ability to pay transaction fees with stablecoins.

Every blockchain transaction requires fees that should be paid in the native tokens of a blockchain. This requires users to acquire those tokens too, which can be a barrier to entry for many users who are not familiar with blockchain technology. With Etherspot, however, your dApp users can pay transaction fees with a variety of tokensn on any chain. We currently support DAI, USDC, USDT and BUSD to cover network transaction fees.

How to implement TransactionKit

To get access to Etherspot’s superpowers via TransactionKit you simply need to import TransactionKit components into the code of your React application. Also, it’s free to integrate!

See this in action here, and fork the CodeSandbox to get started immediately!

Etherspot’s TransactionKit is a powerful tool that simplifies the process of interacting with blockchain data and smart contracts, making it easier for developers to implement blockchain superpowers into their applications. Etherspot is aiming to make blockchain technology more accessible to everyone! 

“It’s magic!” – TransactionKit pioneers said.

Test out Etherspot’s TransactionKit and share your feedback on our Discord.

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