jakiro
Author: Illia (root.near), co-founder of NEAR; compiled by: 0xxz@Bitchain Vision
The final chain abstract experience may be as follows:
1. Join or log in with PassKey – an account is suitable for all links, and the default recovery depends on your device biometric technology and can be rotated to other methods;
2. Set up social recovery with your friends, family or a company you trust – the smart contract has a key on your account and triggers key recovery when the number of friends requested is reached;
3. If it is an organization, upgrade to multiple signatures and formulate rules around various transaction types and restrictions.;
4. Pay fiat currency through cryptocurrency, wire transfer or card on any chain—there is a receiving address on each chain;
5. Pay directly from your wallet using Google/Apple Pay – you have authorized the smart contract to withdraw a certain amount of funds within the daily/weekly/limit on your behalf.No additional deposit required, manually maintain balance, no direct payment of on-chain fees, no need to bridge assets between chains.
6. You can buy any asset – just enter the asset name to view the best quotes in all liquidity, settled through intent and cross-chain;
7. Set up subscription payments for various services or automatically pay bills – smart contracts send tx on your behalf to pay for the service fee;
8. Savings Account – Deploy capital into an actively managed on-chain fund, and investing money can deploy funds to contracts where various places on the chain are deployed;
9. Borrow capital on each chain as a single cross margin account.Smart contracts collect deposits from all links and manage mortgage levels.
10. Clearing protection – monitor user account status and automatically send tx on their behalf through smart contracts to verify the conditions for reducing positions;
11. Set up dead man switch recovery – If the account has no transactions within X months/year, the account can be taken over by recoveryDAO and can be used as an estate planning or in the event of social and other recovery failures.
12. Use natural language interface to browse web3 use cases, receive interactive menus and dashboards – tool-former style LLMs that can generate operations on all chains
13. Predict and recommend the best assets and actions based on on-chain history and off-chain data – summarize the data of all chains and build a recommended ML model;
14. The AI agent works on your behalf, pays and runs jobs in the background—expects transactions through smart contract verification rules and requirements, and executes them on all chains.
This is just the beginning of the final experience of possible chain abstraction!
Original link: https://x.com/ilblackdragon/status/1818595981463572981
