Market Cap: $2.9599T 0.440%
Volume(24h): $99.9254B 9.590%
  • Market Cap: $2.9599T 0.440%
  • Volume(24h): $99.9254B 9.590%
  • Fear & Greed Index:
  • Market Cap: $2.9599T 0.440%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$94909.036719 USD

1.86%

ethereum
ethereum

$1805.287443 USD

3.16%

tether
tether

$1.000610 USD

0.02%

xrp
xrp

$2.192939 USD

0.69%

bnb
bnb

$602.949957 USD

0.43%

solana
solana

$151.863311 USD

0.35%

usd-coin
usd-coin

$1.000031 USD

0.01%

dogecoin
dogecoin

$0.187217 USD

4.41%

cardano
cardano

$0.723513 USD

2.30%

tron
tron

$0.243207 USD

-0.10%

sui
sui

$3.617348 USD

8.73%

chainlink
chainlink

$15.150138 USD

2.18%

avalanche
avalanche

$22.760275 USD

3.89%

stellar
stellar

$0.289607 USD

4.92%

shiba-inu
shiba-inu

$0.000015 USD

6.88%

Cryptocurrency News Articles

Arcana Network Pioneers Chain Abstraction Module to Solve Web3's UX Woes and Enable Internet-Scale Adoption

Jul 04, 2024 at 12:40 am

The best user-facing technologies are invisible to consumers and end-users. Their widespread adoption depends on this invisibility.  Consider the legacy internet which now has over 5.4 billion users.

Arcana Network Pioneers Chain Abstraction Module to Solve Web3's UX Woes and Enable Internet-Scale Adoption

Web3 is still lagging behind the legacy internet in terms of user experience (UX). Its highly complicated and fragmented nature, with different wallets and assets/tokens for different chains and low native interoperability, makes it difficult for users to navigate and interact with dApps efficiently.

Developers also face similar issues, which undercut efficiency and security. These are critical factors stopping Web3 from achieving internet-scale adoption.

To address this problem, Arcana Network has pioneered a chain abstraction module. This module will enable users to interact with any dApp on any chain without holding any specific asset or token.

For example, someone with ETH in their wallet will be able to use a Solana or BSC-based dApp and will even see a unified balance for funds held on various chains and can spend it as they choose, where they choose.

According to Arcana Co-Founder, Mayur Relekar, “Alongside our auth and gas fees abstractions, the latest chain abstraction module enables a fully-interoperable, user-friendly, and capital-efficient user experience, from onboarding to cross-chain transfers and everything in between.”

This will also disrupt bridges and unlock native interoperability, leading to better capital efficiency.

For example, it will eliminate unnecessary bridging transactions by optimally using the destination chain’s liquidity.

Besides solving user and liquidity fragmentation — while optimizing capital efficiency — Arcana’s solution reduces friction for developers.

“Developers can build on any chain that best suits their app’s needs and business interests,” says Mayur.

notably, however, the framework enabling such defragmentation and UX simplification is highly complex and multi-layered.

It implements cutting-edge innovations like state machines to maintain user balances, Distributed Key Generation (DKG) for decentralization, and so on.

That end-users don’t get the slightest whiff of Arcana’s complex L1 architecture — unless they want to and read the open-source docs — is a proof of success.

It’s an example for projects aiming to onboard the next one billion users to Web3.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 26, 2025