For blockchains like Ethereum, our platform does not rely on smart contracts to deliver multi-user (m-of-n) transaction approvals. Because we’ve decoupled approval from signature, all transactions cost a standard 21,000 gas units in network processing fees,
In contrast, using multi-signature smart contracts introduce several superfluous network fees including but not limited to:
- deployment fee: ~ 1 million gas units
- contract execution fees: ~ 88,500 gas units
Switch to THRESH0LD and enjoy a saving of 320% in gas on all ETH and ERC transactions.