{"id":"2Xq1KQcYVSs","title":"Chain Abstractio: A Flexible Solution for Any Chain","description":"Kendall Cole from Proximity Laps. Discover the key differences between virtual machines and how their solution signing schemes, making transactions possible on any blockchain. Join us as we explore the flexibility and ease of use in this game-changing technology. #BlockchainRevolution #FutureOfTechnology #VirtualMachinesVsSigningSchemes #FlexibleBlockchainSolution #TechInnovation #CryptoNews #BlockchainTechnology #DigitalTransformation #DecentralizedFinance #CryptoRevolution #NEARprotocol #chainabstraction #proximity","channel_name":"NEAR Protocol","published_at":"2024-07-14T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/2Xq1KQcYVSs/hqdefault.jpg","transcript_text":"there's a lot of virtual machines they even though there's a lot of similarities there's a lot of big differences between them and how they work uh and a lot of the kind of abstract Solutions require a lot of specific work for each individual chain uh which makes it pretty difficult to kind of have a comprehensive solution so uh I think what's what we're excited about with our solution is that it's really more about supporting signing schemes rather than necessarily supporting a specific blockchain uh which I think makes the system quite a bit more flexible and and means that teams who are kind of leveraging chain signatures can uh in theory settle transactions on any chain uh by mostly leveraging a lot of the existing tooling uh for each of those individual chains","transcript_synced_at":"2026-11-03T05:45:41.865Z","segments":[{"start_seconds":0,"text":"there's a lot of virtual machines they even though there's a lot of similarities there's a lot of big differences between them and how they work uh and a lot of the kind of","url":"https://www.youtube.com/watch?v=2Xq1KQcYVSs&t=0s"},{"start_seconds":7,"text":"abstract Solutions require a lot of specific work for each individual chain uh which makes it pretty difficult to kind of have a comprehensive solution so","url":"https://www.youtube.com/watch?v=2Xq1KQcYVSs&t=7s"},{"start_seconds":15,"text":"uh I think what's what we're excited about with our solution is that it's really more about supporting signing schemes rather than necessarily supporting a specific blockchain uh","url":"https://www.youtube.com/watch?v=2Xq1KQcYVSs&t=15s"},{"start_seconds":23,"text":"which I think makes the system quite a bit more flexible and and means that teams who are kind of leveraging chain signatures can uh in theory settle","url":"https://www.youtube.com/watch?v=2Xq1KQcYVSs&t=23s"},{"start_seconds":31,"text":"transactions on any chain uh by mostly leveraging a lot of the existing tooling uh for each of those individual chains","url":"https://www.youtube.com/watch?v=2Xq1KQcYVSs&t=31s"}],"youtube_url":"https://youtube.com/watch?v=2Xq1KQcYVSs","url":"https://near-pedia.xyz/videos/2Xq1KQcYVSs"}