Chain abstraction could induce the next transition of the crypto space and Web3, necessary for mainstream adoption, Near Protocol co-founder Illia Polosukhin said during an interview with The Block at the BUIDL Asia conference in Seoul, South Korea.

Chain abstraction involves application developers enhancing the end-user experience by defragmenting the complex technological layers of Web3. This concept abstracts blockchain away from the user experience. For example, in a blockchain network such as Near, users create and recover accounts using email addresses instead of writing down complex seed phrases.

“The idea is that blockchains must be abstracted away from the user so they are not barriers to entry or participation,” said Polosukhin. 

However, there may be a few issues to …