The multichain ecosystem has solved scaling but has fragmented liquidity and deteriorated the user experience. Old piecemeal cross-chain solutions have been ineffective at solving these problems. Chain abstraction aims to address these problems holistically. Liquidity aggregation at the blockchain level and master accounts at the user level with credibly neutral architecture can help fix fragmentation and improve UX. If successful, chain abstraction will benefit crypto at large by helping onboard more capital and users. However, the positive impact will be greatest for modular chains and intent infrastructure.
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