Why 'chain abstraction' could be the key to mass adoption

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The Block2024/09/12 16:00

By:The Block

Quick Take Xion’s Burnt Banksy and Particle Network’s Ethan Francis discussed chain abstraction and its importance for broader crypto adoption.

Episode 3 of The Crypto Beat was recorded with The Block's Editor-In-Chief Tim Copeland, The Block's Crypto Ecosystems Editor Vishal Chawla, Xion Founder Burnt Banksy and Particle Network's Head of Developer Relations Ethan Francis.

Listen below, and subscribe to The Crypto Beat on YouTube , Apple , Spotify , Twitch or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

The Block’s Editor-In-Chief Tim Copeland Ecosystems Editor Vishal Chawla were joined by Ethan Francis and Burnt Banksy to discuss chain abstraction and its importance in simplifying crypto UX.

OUTLINE
00:00 Introduction
00:44 Chain Abstraction Overview
08:52 Competing Design Choices
12:51 Cross-Chain Interoperability
18:10 Chain Abstraction in Production
22:43 Chain Abstraction Design
29:33 Chain Abstraction UX
35:55 Web3 Onboarding
42:14 Chain Abstraction Endgame
52:23 Mass Adoption
57:28 Closing Thoughts

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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.

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