NEAR Chain Signatures: MPC-based multichain accounts
Quote99 words
Chain Signatures let a NEAR account sign transactions on other chains via smart contracts and a decentralized MPC node network. Enables chain-abstracted use cases such as intent-based cross-chain DEXes, cross-chain agents and omnichain staking.
Key claims
Chain Signatures moved to NEAR mainnet
Signing is done by smart contracts plus a decentralized MPC node network
One wallet. Any Chain. ✨
Chain signatures finally enable a truly chain-abstracted UX, solving fragmentation across ecosystems.
How?
By allowing users to sign transactions across all major chains from their @NEARProtocol account.
To do so, Near leverages dedicated smart contracts and a decentralized node network for MPC-based signing.
Building with Chain Signatures provides a next-level UX ready for the multichain era and enables devs to make novel use cases a reality.
This includes:
✦ Intent-based cross-chain DEXes
✦ Cross-chain Agents w/ prompt-based frontends
✦ Omnichain staking protocols
✦ +++
Want to learn more?
Check out the thread below! ⤵️
QUOTING @NEARProtocol
Chain Abstraction, the final frontier The day has arrived. NEAR Protocol’s Chain Signatures tech has moved into mainnet. We’re ready to move forward. Together. To a Chain Abstracted future. It’s time to tear down the barriers to entry, liquidity, and usability. Cont...
Chain Abstraction, the final frontier The day has arrived. NEAR Protocol’s Chain Signatures tech has moved into mainnet. We’re ready to move forward. Together. To a Chain Abstracted future. It’s time to tear down the barriers to entry, liquidity, and usability. Cont...
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