The Narrative around many chains are modularity chains? 😅
The important 👇
what can be the alternative to this trend?
The challanges to modularity chains unintentionally causing fragmentation across liquidity, applications, and user bases.
-If you think about this issue ? 🤔
This Complicates the user experience and imposes limitations on developers who must follow specific tech stacks, consequently limiting their audience reach. example The gmail user is unable to sent mail to an outlook user.
-Here where Near protocal solve the issue buy using Chain Abstraction
-Where it aims to mitigate fragmentation, leveraging innovations like Zero-Knowledge (ZK) technology for cross-settlement and mesh security.
Here what solve all the issue with the "Introduction of chain signatures"
*A fresh technology that enables NEAR accounts to sign transactions for any blockchain.
🎯Being as a "Master Accounts"
-Holding keys to all chains. Where users will intract with multiple chains without the need to think of complex bridging procedure
-Possibilities for cross-chain transactions, enabling seamless interoperability between different blockchains networks.
-Currently suporting chains Bitcoin, Ethereum, Cosmos, DogeCoin, and XRP Ledger will expand additional networks including Solana, TON Network, and Polkadot in future.