I continue to do research on chain abstraction, which has been a popular topic in the last period. Chain abstraction refers to a concept within blockchain technology that aims to simplify the complexity of multiple interconnected blockchains. It involves creating an abstraction layer that enables interoperability and communication between different blockchain networks.
The goal of chain abstraction is to enable a seamless experience for users so they don’t have to care, think or know on what chain they hold funds, and what chain the dApp they are interacting with is deployed on. The way it works is by securely enabling seamless transfers.
Also chain abstract pool deposits allows users to deposit into a specific pool (of a lending protocol for example) with any token from any chain.
The best resources I could find on this subject were on Connext Network. Indeed, the developments they have announced recently are quite exciting. When researching a little deeper, the subject of chain abstract pool deposits caught my attention. I would like to discuss this with those who know about it.
Q: How will chain abstract pool deposits impact the future of blockchain and DeFi usage?
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