Nguyễn Phương Nhi on Warpcast

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Nguyễn Phương Nhi pfp

Nguyễn Phương Nhi

What is NOT Chain Abstraction? > Chain Abstraction does not resolve all on-chain complexities > Chain Abstraction is not just Cross-Chain Communication > ChA Abstracts Chains, Not Eradicate Them > Chain Abstraction does not lead to Centralization > Chain Abstraction is NOT the Final Frontier of Web3

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Cây Thúi pfp

Essentially, it strives to improve both user experience (UX) and developer experience (DevX) in the current ecosystem to enable simplified development as well as the use of decentralized applications.

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Đà Nẵng pfp

Additionally, for developers, chain abstraction aims to reduce the difficulties of dealing with multi-chain infrastructure complexities like interoperability, and cross-chain communication and instead focus on building real-world consumer applications.

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Chain Abstraction is a combined effort to simplify the complexity of using decentralized apps, to the extent that users shouldn't be required to perform unnecessary tasks or understand the underlying chain to accomplish any on-chain action.

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Vien Tin pfp

Now, let's clearly understand and eliminate the misconceptions around chain abstraction.

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Youre pfp

And now, just in case you think ChA is just another name for cross-chain bridging ( interop solutions )

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Pravas pfp

Instead, ChA is more targeted at improving multi-chain interaction as it operates at the application layer and abstracts the complexity at the user interface and application protocol level.

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Suner pfp

Solving all on-chain complexities is beyond the current scope of ChA as these complexities require solutions specific to each blockchain's architecture.

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85cent pfp

All On-Chain Complexities, on the other hand, have a much broader scope that encompasses all the inherent technical challenges within a single blockchain, including consensus algorithms, scalability (transaction throughput, latency), security models, economic incentives, etc.

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Du Tho pfp

All On-Chain Complexities, on the other hand, have a much broader scope that encompasses all the inherent technical challenges within a single blockchain, including consensus algorithms, scalability (transaction throughput, latency), security models, economic incentives, etc.

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Ca Non pfp

To begin with, It's important to recognize that these scopes are quite different:

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Gop pfp

Chain Abstraction aims to resolve multi-chain complexity rather than all on-chain complexities.

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iguverse pfp

As previously mentioned, Chain Abstraction is a combined effort to improve the overall UX and DevX of on-chain apps - a significant goal. It's an ambitious goal. This ambitious vision can be misinterpreted to suggest that ChA will fix all on-chain complexities, leading to a perfectly streamlined web3 ecosystem. And we live happily ever after.

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Chi pfp

ChA represents the evolution of Interoperability/cross-chain solutions, sure.

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Soda pfp

Although both of these aim to resolve the complexities of fragmented multi-chain ecosystems, they aren't necessarily similar.

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Kinh Ba pfp

Although both of these aim to resolve the complexities of fragmented multi-chain ecosystems, they aren't necessarily similar.

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Emmauel pfp

If ChA solutions resolve multi-chain complexities, then it's just another name for Interoperability or Cross Chain Communication - right?

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Vét Láp pfp

Multi-chain complexity is a narrow scope that indicates the challenges a user or developer faces when interacting with multiple chains, each with its protocols, transaction formats, native tokens, etc.

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