🤯1 wallet to use multiple blockchains... Chain Abstraction!
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About this video
Chris Donovan COO of NEAR talks unified security and identity layers in blockchain infrastructure. Discover how users can effortlessly manage multiple addresses in diverse blockchain environments through a single account. Stay ahead of the curve in the world of blockchain technology! #BlockchainTechnology #UnifiedSecurity #IdentityLayer #BlockchainInfrastructure #DigitalCurrency #SecureTransactions #DecentralizedFinance #CryptocurrencyExplained #BlockchainExplained #FutureOfFinance #NEARprotocol #NEARchainabstraction
Transcript
115 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:00
up a chain running on a single server and they can use zero knowledge proof to actually you know um publish the proof on a on another piece of blockchain infrastructure so that's the unified security layer we then think about um what we call the identity layer and this is um the ability for users through a single account to actually transact and control multiple addresses in multiple different blockchain environments and so in the near ecosystem we're working on something called account abstraction
- 0:32
which productized that vision and in practice that means that from your near account you can actually sign transactions and control Assets in a whole bunch of different blockchain environments