Web3 Gateway
Web3 Gateway
A web3 gateway is a service that connects traditional web applications to blockchain networks, enabling applications to communicate with the blockchain. There are two primary types: payment gateways that allow merchants to accept cryptocurrency and infrastructure gateways that provide developers with faster, more reliable access to blockchain data for building decentralized applications (dApps). Both types of gateways act as a bridge, simplifying complex interactions with the decentralized web.
Web3 Payment Gateway
A service that enables businesses to accept cryptocurrency payments from customers. It acts as an intermediary, processing transactions securely and efficiently between the customer’s wallet and the merchant’s account.
Features
Some of the features are as follows:
- Accepts various cryptocurrencies.
- Provides real-time exchange rates.
- Tracks transactions.
- Includes monetization features.
Web3 Infrastructure Gateway
A tool that provides developers with a faster and more reliable way to connect to blockchain networks and build dApps. It acts as an optimized, distributed node that sends queries to the blockchain.
Features
- Provides developers with a simple API to interact with the blockchain.
- Offers 100% data consistency and requires no maintenance from the user.
- Allows smart contract invocation, token interaction, and transaction monitoring.
- Manages data storage and retrieval, including off-chain data like NFT metadata.
- Examples: Services like Hyperledger FireFly and Tenderly offer web3 gateways for developers.
Benefits of using a web3 gateway
Simplifies development: Developers don’t need to run their own blockchain nodes, which can be resource-intensive.
Improves performance: They can provide faster data retrieval and more reliable access to blockchain networks compared to standard nodes.
Increases accessibility: Makes it easier for traditional businesses to adopt cryptocurrencies for payments and for developers to build on the blockchain.
Enhances security: Some gateways cache data at the edge, reducing the load on public gateways and protecting against DoS attacks.