
The NEAR Protocol has unveiled Chain Signatures during the Chain Abstraction Day, a groundbreaking feature that enables NEAR accounts and smart contracts to sign transactions across multiple blockchains, including Bitcoin, Ethereum, Cosmos chains, DogeCoin, and XRP Ledger, without requiring native gas tokens from those networks. This innovation, secured by EigenLayer and supported by NEAR stakers, is part of a decentralized MPC network designed to simplify the user experience by providing multichain access through a single NEAR account. It addresses the fragmented blockchain ecosystem and is poised to redefine DeFi and cross-chain interactions. The introduction of Chain Signatures was discussed in various forums, highlighting its potential to significantly improve the blockchain user experience.



Learn how @LinearProtocol could secure NEAR's Chain Abstracted world with omnichain liquid restaking. Chain Abstraction: one block at a time. https://t.co/jyod1NHkoW https://t.co/Z9sKf65p4m
Well this is one of my favorite use cases from @ilblackdragon's chain signatures launch PR "A single NEAR account can manage any number of accounts on any number of chains" https://t.co/VZmUF7rVCG https://t.co/rXTd06Ndp3
Join us tomorrow at 9:30 AM EST for an alpha-packed space with @AlchemyPlatform on: The Future of Account Abstraction and Modular Account. We'll also discuss security concerns to keep in mind as we move towards the future. https://t.co/TxDcfRa7vE https://t.co/maqDu9kn4L