{"id":"d5fU0mwQMS4","title":"Blockchain Fragmentation: Embracing Chain Abstraction #nearprotocol","description":"Chris Donovan COO of NEAR Foundation speaking at Eth Denver 2024. Discover the pain points and challenges of blockchain technology in the current modular state. Learn how chain abstraction and near fit into the industry's ecosystem, breaking up blockchain layers for scalability while minimizing fragmentation. Explore the importance of infrastructure as a barrier to adoption for billions of people. #BlockchainTechnology #ChainAbstraction #NearProtocol #Scalability #Infrastructure #AdoptionChallenges #ModularState #GlobalBlockchain #DataAvailability #BlockchainFragmentation\n\nJoin NEAR's community:\nWebsite: https://near.org/\nTwitter:   / nearprotocol  \nBlog: https://near.org/blog/\nMedium:   / nearprotocol  \nReddit:   / nearprotocol  \nDiscord: https://near.chat/\nGitHub: https://github.com/near  https://github.com/nearprotocol\nDev Docs: https://docs.near.org/\nCreate a wallet: https://wallet.near.org/create\nLearn to Build On NEAR: https://www.near.university/\n#NEAR #nearprotocol #chainabstraction","channel_name":"NEAR Protocol","published_at":"2024-04-23T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/d5fU0mwQMS4/hqdefault.jpg","transcript_text":"where are the like specific pain points and how does chain abstraction sln fit into that starting with like thinking about the current state of the industry that we're in a very kind of modular state right now you know we have a bunch of disperate ecosystems but then we also have um projects that have actually been breaking up the the blockchain layers themselves you know settlement execution data availability into separate kind of modular offerings which is great for scalability but it creates that fragmentation both for users um and also for developers and in our view if we want this technology to be being used by billions of people we can't have the infrastructure being a barrier to adoption","transcript_synced_at":"2026-11-03T06:01:15.335Z","segments":[{"start_seconds":0,"text":"where are the like specific pain points and how does chain abstraction sln fit into that starting with like thinking","url":"https://www.youtube.com/watch?v=d5fU0mwQMS4&t=0s"},{"start_seconds":7,"text":"about the current state of the industry that we're in a very kind of modular state right now you know we have a bunch","url":"https://www.youtube.com/watch?v=d5fU0mwQMS4&t=7s"},{"start_seconds":14,"text":"of disperate ecosystems but then we also have um projects that have actually been breaking up the the blockchain layers","url":"https://www.youtube.com/watch?v=d5fU0mwQMS4&t=14s"},{"start_seconds":22,"text":"themselves you know settlement execution data availability into separate kind of modular offerings which is great for scalability but it creates that","url":"https://www.youtube.com/watch?v=d5fU0mwQMS4&t=22s"},{"start_seconds":30,"text":"fragmentation both for users um and also for developers and in our view if we","url":"https://www.youtube.com/watch?v=d5fU0mwQMS4&t=30s"},{"start_seconds":38,"text":"want this technology to be being used by billions of people we can't have the infrastructure being a barrier to","url":"https://www.youtube.com/watch?v=d5fU0mwQMS4&t=38s"},{"start_seconds":45,"text":"adoption","url":"https://www.youtube.com/watch?v=d5fU0mwQMS4&t=45s"}],"youtube_url":"https://youtube.com/watch?v=d5fU0mwQMS4","url":"https://near-pedia.xyz/videos/d5fU0mwQMS4"}