What they are
Below is a table comparing present Ethereum capabilities against the capabilities of using FCT.
Use case | FCT | Standard Transaction |
You can do a fast swap on Uniswap while waiting for a low-fee USDC transfer | Semi-Parallel ( Group + Nonce ) | Serial ( nonce ) |
Cancellable even after signing | Not cancellable Can be overridden by higher fee transactions using the same nonce | |
Can prepare a whole year of payments in advance and set time limits for each one | Time-framed, start and expiration time | Never expires |
Reduce gas costs by running multiple transfers on a single transaction | Even an empty wallet can send transactions Gas fees are taken from the activator of the transaction | Must have coins to send transactions Gas fees are taken from the signer of the transaction. |
Supports sending atomic compound transactions | Only one transaction at a time | |
Can prepare a swap action that holds two transfers that need to be signed by both sides and will do both sends on the same transaction | Supports compound transactions with multiple sends and signers | Only one signer for each transaction |
Sandwich bot protection, arbitrage, limit orders and more | If-then logic between transactions is done in atomic fashion on the blockchain | If-then logic between transactions can be done off-chain only |
Can join a transaction pool, reducing gas fees by splitting the base gas fee between accounts | Must pay a base gas fee for every transaction | |
All transactions are human-readable and secured by the EIP-712 standard | Most smart contract interactions are signed blindly |
How it works:
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