Content
@
https://warpcast.com/~/channel/brypto
0 reply
0 recast
0 reaction
manuelibup.base.eth
@manuelibup
CHAIN ABSTRACTION: THE FUTURE OF THE BLOCKCHAIN If you've been in crypto for a while, you'd observe that there's too much complexity and the learning curve is so steep because it's too complex for the average man, to understand. This problem has been around for so long that crypto and blockchain adoption globally has been slow. That was until chain abstraction came around 🤝 INTRODUCTION TO CHAIN ABSTRACTION Imagine you want to buy some $BONK on Solana, all you have is $ETH on base chain, what you'd normally do is to go through so many bridges to swap $100 worth of $ETH this leaves you with $90 or less and this process takes a lot of time to get it done. The world moves fast and we need to find a better way to get $BONK without so many bridges CHAIN ABSTRACTION (ChA) solves this.
1 reply
0 recast
0 reaction
manuelibup.base.eth
@manuelibup
With ChA, you don't need to know what path was taken to get your $BONK. Just like with fiat; PayPal doesn't tell you the procedures to get your money from the US to Japan, it just does 🤝 , that's why we need ChA. A crypto consumer wants to simply spend their crypto, they don't need to think too much as of what's happening in the back end. When you eat at a restaurant you don't know who exactly prepared the meal 🤷 HOW DOES ChA FIX IT? Chain Abstraction came to solve the problem for both developers and consumers by: 🍄 Taking out blockchain complexities making it easier for developers to simply build their products. 🍄 Making it easier for consumers to interact with a DApp almost like it's a traditional WEB2 app. 🍄 Give the users a seamless experience across various blockchains and tokens. 🍄 Making it possible for developers to reach users irrespective of their preferred blockchain network. 🍄 No need for users to bother about what chain they're using or if they're even using one.
1 reply
0 recast
0 reaction
manuelibup.base.eth
@manuelibup
With chain abstraction I can easily buy any token on any chain all with one click of a button. This takes out the need to 🦚 Bridge assets from chain to chain 🦚 Find a better trade route 🦚 Execute multiple transactions 🦚 Handle various wallet requirements. 🦚 Prevents losing funds from making mistakes with wallet addresses, jumping from DAPP to DAPP, protocol to protocol It's all done in one place all handled by one platform with a user friendly UI👍 BLOCKCHAINS AND PROJECTS UTILISING THIS ALREADY @NEARProtocol, @ParticleNtwrk, @SOCKETProtocol and @ArcanaNetwork are come blockchains currently working on making this work Some projects currently building on it is @LayerZero_Core, @UseUniversalX, @0xPolygon AGGLayer etc. What you must know is that ChA isn't something to compete on, but something. We must all implement if we must onboard more users to the blockchain. The sooner the better.
0 reply
0 recast
0 reaction
