Chain Abstraction for Developers: Practical Applications in NEAR Protocol

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1. 0:00

   hopefully you've already seen the first couple parts about what actually chain of exraction is and how it works on your protocol but let's actually look at some actual developer takeaways and why this is important for developers to understand and how they can actually leverage this for their own datb number one this is going to simplify onboarding so now through n's really simple wallet setup and account abstraction you can

2. 0:24

   really streamline your onboarding and now you can reduce friction any further because you can work across multiple chains with one account from there you then also have again cross blockchain transactions now if you want to build and leverage a certain chain that does something better than another one you can do that all from the same dab all from the same singular wallet so now the possibilities what you can build really

3. 0:49

   have opened up you have a unified user experience for all your users so now as again you're working across multiple chains or as you start to work across even just different parts of your app you can let everybody in through the same process using the same type of account and make both your support system easier more streamlined as well as a much better experience for your users the big part here is going to be the intent Rel layers intent Rel layers is something that's really going to

4. 1:20

   actually we're going to have to dig deeper into so you really understand how all that's going to work as you start to set those up that's what's really setting up the execution across multiple chains so this will be a big component that we'll certainly dive into more in a future video coming up soon is a test net launch testnet is going to allow you to actually start to build these across

5. 1:44

   both the near test net and multi-chain test Nets to start to see how this is actually going to work and what this experience will be like we hope to see this by early March 2024 and then from there uh work towards main net one piece that every should be aware of as a developer is that the multi-chain relayer is essentially a pay master account that sits on E and this is where actually that some of that funding will go but everything you're paying for as the user and even as the the DAP that's

6. 2:17

   going to then do those transactions across everything you're paying for is going to be near to simplify that process for all users