Chainfeeds Introduction:
Mint Venture researcher Lydia Wu analyzed the purpose and problems of chain abstraction and its relationship with concepts such as modularity, cross-chain, and interoperability from multiple perspectives.
Source:
Article author:
Lydia Wu
Viewpoint:
Lydia Wu: Where does our discussion on chain abstraction come from? The answers given by different people may include several keywords: Ethereum roadmap, modularization, intention, large-scale adoption... At present, the most explanatory view may be: chain abstraction is the second half of modularization. At present, although modularization helps to solve the abstraction problem within a single public chain and lowers the threshold for public chain construction, the user/developer experience abstraction under the multi-chain pattern is an area that modularization has not fully covered. There is a relatively obvious island effect between different public chains and ecosystems, which is specifically reflected in the dispersion of liquidity, developers and users. We can believe that the urgency of chain abstraction as a real problem is closely related to the development of the following conditions: On-chain activity: whether more dAPPs bring more active user on-chain behavior; Progress of modular blockchain: whether more active on-chain behavior drives the construction of more rollups and app chains; Barriers to entry for new users and developers: to what extent does the current blockchain environment hinder the influx of new users and developers (referring to the wear and tear in the upward trend, rather than the anger of stagnation) Chain abstraction itself is an abstract concept, and the narrative level within Web3 is also relatively high-dimensional, which may explain to some extent why chain abstraction presents an all-encompassing and even confusing appearance. Specifically, it is not a solution, but a guiding ideology. Another example is today's Bitcoin. After several halvings, sharp rises and falls, ETF landing and other events, Bitcoin is no longer just a technical solution or asset class, but also a time-spanning ideological system and industry totem, representing a series of crypto core values, and will continue to guide the innovation and development of the industry in the foreseeable future. When it comes to intention research in the field of Web3, we cannot do without the famous paper of Paradigm. Although similar design concepts have been reflected in products such as CoWSwap, 1inch, and Telegram Bot, the core of the intent architecture was formally proposed in this article - users only need to specify the expected results, without worrying about the process, and the complex process of implementing the task is best outsourced to a third party. This is consistent with the improvement of user experience that chain abstraction focuses on, and provides a more specific solution.
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