@paragism
Overcoming Chain Abstraction is a big challenge of #Web3.
👉Why Chain Abstraction is needed?
✅A common user needs the UX of Web2 in Web3.
✅It reduces liquidity fragmentation across ecosystems.
👉The developments made till date in this field is not extremely high but Polkadot and Cosmos have made great progress.
👉The reason I place Polkadot higher in this game:
Polkadot’s approach of aggregating security and messaging through the Polkadot Chain is specifically designed to support Chain Abstraction at the protocol level. Security is a key concern while doing Chain Abstraction. Polkadot’s advantage is that security comes automatically as a byproduct along with interoperability.
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