According to Odaily, Arcana Network, a Web3 storage and privacy protocol, has announced the launch of its Chain Abstraction protocol. The new protocol aims to eliminate the complexities associated with managing assets and gas fees across multiple blockchains.
The Chain Abstraction protocol reportedly offers wallet-as-a-service through a simple SDK and utilizes a Gasless SDK to seamlessly handle gas fees. This development is a significant step towards simplifying the process of managing digital assets across different blockchain platforms.
The introduction of the Chain Abstraction protocol by Arcana Network is expected to enhance the efficiency and ease of operations in the blockchain space. By addressing the challenges of managing assets and gas fees across multiple blockchains, the protocol could potentially streamline operations and reduce the technical barriers for users and developers alike.