Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Near Protocol will let users sign transactions on third-party chains from single wallet

Near Protocol will let users sign transactions on third-party chains from single wallet

The BlockThe Block2024/03/27 02:08
By:The Block

Quick Take The new network is said to allow users access to any blockchain network with one account. Chain Signatures aims to defragment liquidity scattered across different blockchains.

Near Protocol will let users sign transactions on third-party chains from single wallet image 0

Near Foundation has launched Chain Signatures, a protocol that will let users sign transactions on third-party blockchains from one single Near account. Chain Signatures is live on Near's testnet, and its mainnet launch expected by early May, according to a Near spokesperson.

Chain Signatures is powered by a decentralized multi-party computation (MPC) network and secured by Near network validators.

It enables Near accounts, including smart contracts, to sign transactions for any blockchain. Any Near account can control any number of addresses on all blockchains, enabling new use cases around decentralized finance. In future, it will receive additional security from EigenLayer as well, according to the foundation.

“Decentralized Finance (DeFi) on non-smart contract chains is now possible for the first time on many networks including Bitcoin,” Near Foundation stated. “Developers can easily build DeFi products that utilize assets from other chains without bridging these assets.” 

Chain Signatures currently supports Ethereum, Cosmos chains, Dogecoin, Bitcoin and XRP Ledger, and will soon support Solana, TON Network, Polkadot, and others, according to Near.

It includes a "Multichain Gas Relayer," which removes the need to have the native gas token of another chain in order to transact; instead they can just use Near or NEP-141 tokens to cover gas on any chain.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ESUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/16 11:12

New spot margin trading pair — CROSS/USDT, TAC/USDT!

Bitget Announcement2025/07/16 08:07

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40