Why does the market misunderstand the "chain abstraction" narrative so deeply? The following article summarizes it comprehensively. I will talk about two fundamental reasons from the underlying logic: 1) The concept of "chain abstraction" comes from the aggregation of a package of "functional" abstractions, from the earliest account abstraction to payment abstraction to liquidtiy abstraction, intention abstraction, etc. These refined abstract logics are all centered around functionality without exception. If a certain function is more prominent, it is xx abstraction. … x.com/i/web/status/18536335002... twitter.com/BiteyeCN/status/18...