Near co-founder: Chain abstraction is crucial to mainstream adoption

TechFlow news, Near Protocol co-founder Illia Polosukhin said that chain abstraction may become the next shift in the crypto space and Web3, which is crucial to mainstream adoption.

This concept separates the blockchain from the user experience. For example, in blockchain networks such as Near, users can create and restore accounts using email addresses.

Despite security risks, Polosukhin believes that encryption and blockchain can help prevent the abuse of artificial intelligence.

Earlier news, Near Foundation launched the Chain Signatures protocol, allowing users to sign transactions on third-party blockchains from a single Near account.