Chain abstraction: prism in the multi-chain era

Written by: 0XNATALIE

As the key entry point of the Crypto/Web3 ecosystem,walletIt has always been the focus of competition among entrepreneurial teams.wallet产品外，还有很多团队希望能彻底改善 MetaMask 的体验（比如 Rabby）。当钱包团队还在关注账户抽象时，更高维度的链抽象（Chain Abstraction）叙事逐渐引起Communityattention.

NEAR co-founder Illia Polosukhin recentlyWritten byExplore the concept of chain abstraction and show that NXiaobai NavigationEAR's vision for achieving chain abstraction. In addition, projects such as ZetaChain, which launched its mainnet last month, the modular L1 Particle Network, and the full-chain ledger Cycle Network are all exploring the realization of chain abstraction.

Why is chain abstraction important?

Let's think about a question: why is the user experience and number of users of Web3 far lower than that of Web2? One of the important reasons is that users of many projects now need to understand various principles and concepts, and the rapid development of Web3 is obvious to all. New narratives and new concepts emerge in an endless stream. Even old players of Web3 will feel that "hot spots change too quickly and it is too troublesome to learn."

To give a simple example, the cross-chain bridge protocol first requires users to understand that assets cannot be interoperable, so such a bridge protocol is needed to realize the transfer of assets between different chains. Secondly, it is necessary to understand that if you want to transfer assets from Ethereum to Solana, you need to pay ETH as the gas fee, not SOL. I just want to use 100 USDT on Ethereum to buy NFTs in the Solana ecosystem. Why is it so troublesome?

In contrast, Web2 products are almost all packaged, and users do not need to know the principles or the partnerships behind them. According to the logic of Web2 product experience, if I want to buy NFTs in the Solana ecosystem, I just need to log in to my wallet on this NFT project interface and buy it directly with 100 USDT in my wallet. In the end, I just need to know how much money is left in my wallet and whether the NFT has arrived.

Chain abstraction will be differentBlockchainThe differences and complexities between them are abstracted into a unified interface, allowing users and developers to interact and operate seamlessly on different chains. The ultimate goal is to make users unaware of the existence of the chain while enjoyingBlockchainThe benefits of decentralization, combined with intention, will make the user experience smoother. Imagine that users only need to have enough assets, no matter whatTokenNo matter what chain you are on, you can trade however you want, and you can set the time and conditions of the transaction, while ensuring that the transaction isSafetyIt’s private and completely under your control.

Gradual implementation of chain abstraction

In the current multi-chain environment, not only does the user experience become complicated, but liquidity is also fragmented, which hindersBlockchainMass adoption of technology. An effective way to integrate liquidity is to build an independent platform that provides a unified interface for interoperability, that is, a platform that implements chain abstraction.

Particle Network is such an L1 that provides an implementation chain abstraction SDK. It abstracts accounts, Gas, and liquidity to create an open network access layer behind the dapp that users are unaware of:

• Universal Accounts: Users can use the same account to conduct transactions and operations on different chains.contractControlling AA accounts on more than 50 chains, connecting account addresses makes packaging transactions faster and cross-chain faster (within 5 seconds). In addition, this also means releasing more application scenarios, such as omnichain's stablecoin.

• Universal Gas Token Token): Introduced a universal Gas token (SPARTI), which users can use to pay transaction fees on different chains. It is not necessary to hold specific Gas tokens on each chain, reducing the cost and complexity of cross-chain transactions. And Particle Network integrates EigenLayer, which enhances the network by implementing dual staking of SPARTI tokens and Ethereum.Safetysex.

• Universal Liquidity: By implementing liquidity abstraction, liquidity on different chains is aggregated. For example, using USDT to buy BTC in the Bitcoin ecosystem. Particle Network acts as a liquidity aggregation protocol and supports cross-chain atomic transaction execution.

The underlying architecture of Particle Network uses Cosmos SDK and ensures the network'sSafetyThis modular underlying architecture allows Particle Network to be flexibly expanded and customized to meet the needs of different application scenarios. In addition, Particle Network uses an aggregated DA, which does not rely on a single party (such as Celestia or EigenDA) and enhances data availability by storing copies of data in multiple places.

Chain abstraction prepares for application explosion

The era of multiple chains also means the era of multi-layer rollups. In this context, chain abstraction is like a prism that aggregates multiple beams of light into one beam, unifying multiple chains to solve problems such as high entry barriers and difficulty in educating users, and avoiding the need for users to deal with multiple accounts, network switching, handling fees, and other operations that affect the experience. As more and more projects and technical teams join in the construction of chain abstraction, we expect chain abstraction to become a key driving force for the development of the Web3 ecosystem, bringing a more unified, convenient and secure user experience to Web3 and promoting the process of mainstream adoption.

The article comes from the Internet:Chain abstraction: prism in the multi-chain era

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