The Origin of Chain Abstraction on NEAR Protocol. Say Goodbye to Multiple Wallets!
Nothing is loaded from YouTube until you press play, and then without tracking cookies.
About this video
Discover how this groundbreaking technology is revolutionizing the cryptocurrency world by eliminating the need for multiple wallets and simplifying the user experience. Find out how multi-party computation is changing the game and enabling seamless transactions across different blockchain networks. #CryptoInnovation #TechRevolution #WalletSimplification #UserExperiences #BlockchainTechnology #SeamlessTransactions #TechBreakthrough #CryptoNews #DigitalRevolution #FutureOfFinance #NEARProtocol #Chainabstractedpodcast #ChainabstractionNEAR
Transcript
172 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:00
right now you would still need like separate wallet you know separate account on different James and especially it gets complicated like as you said I have like you know Kepler wallet and metamask and near wallet and Bitcoin wallet and like you know 50 apps on Ledger and that's not the experience like if we have seting the blockchain like as a user should not need to think about the specific deta all of this so how do we do that well uh we build the
- 0:25
technology it started actually to help Ease on boarding so like the idea was okay well how do we set up a way for people to use email or maybe social login and that would like recover a new key for account but the same kind of check uh it's multi party computation and also enable to sign transaction on other chain so it started was like hey we can just sign some stuff from here it's like well we can actually sign
- 0:49
stuff everywhere