StudBit
@studbithq
What distinguishes chain abstraction from cross-chain technology in the blockchain ecosystem? This thread provides a clear and concise explanation of these concepts, designed for better understanding. 🧵👇
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StudBit
@studbithq
Chain abstraction simplifies user interactions across multiple blockchains, enabling seamless access to assets and apps without managing multiple wallets or manual bridging. In contrast, cross-chain tech refers to transferring data or tokens between distinct blockchains, often requiring manual steps.
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StudBit
@studbithq
The key difference lies in user experience and effort. Consider this: you hold 150 USDT on Arbitrum, 100 USDT on Optimism, and 50 USDT on Ethereum, and you wish to swap all of it for another token on a DEX protocol on Polygon. Let’s explore how each approach handles this.
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