The TON Core team, in collaboration with non-custodial wallet Tonkeeper, has launched the W5 smart wallet standard, enabling gasless transactions on the TON blockchain.
The W5 smart wallet, developed by Tonkeeper, enables users to make transactions using USDT as payment for transaction fees while sending USDT and Notcoin (NOT) as payment for gas fees when sending Notcoin.
The collaboration with TON Core ensures unparalleled security, efficiency, and ease of use, bringing blockchain technology to a mainstream audience and putting crypto in every pocket.
The W5 Smart Wallet reduces the barriers to getting started on the blockchain, allowing users to make transactions even more social and widespread. It also enables advanced parallel processing, allowing users to make up to 255 transactions simultaneously, opening up new use cases.
The new standard is live on Tonkeeper and is expected to roll out on self-custodial wallets TON Space and MyTonWallet soon, followed by other TON-based wallets over the coming months.
TON blockchain’s 2024 growth amid the Telegram mini app game craze is evident, with the gasless transaction feature designed to simplify the user onboarding process and tap into more of Telegram’s 950 million users.
The seven-day moving average of TON daily active addresses has surged in 2024, reaching more than 350,000 as of July 24, according to The Block’s data dashboard.
