NEAR LAUNCHES MULTI-CHAIN ​​TRANSACTIONS FROM SINGLE ACCOUNT: WHAT DOES THIS MEAN FOR THE CRYPTO INDUSTRY?

The NEAR Foundation announced support for chain signatures in the NEAR protocol, which will allow users to conduct multi-chain transactions from their account #NEAR .

This was made possible thanks to a partnership with the Eigenlayer project, built on the #Ethereum blockchain. Developers can now create DeFi products that use assets from different chains without merging those assets. This is the next step in the $NEAR “chain abstraction” initiative, aimed at simplifying user interaction with cryptocurrencies in a multi-chain environment.

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