XION LAUNCHES CHAIN ABSTRACTION TO NEUTRON VIA ABSTRACT
It empowers users on XION to interact with Neutron without 'leaving' the chain, extending XION’s ease-of-use and offering seamless composability of users, apps, and liquidity across connected ecosystems.
We're thrilled to announce the launch of XION's Chain Abstraction solution to Neutron, enabled by Abstract.
Today's launch empowers users on XION to interact with Neutron without 'leaving' the chain. It sets the stage for users to engage with Neutron-based applications without grappling with cross-chain bridging, browser plugins, seed phrases, gas fees, or complex transaction signing - all accessible even from their phones. This innovation extends XION’s ease-of-use, offering seamless composability of users, apps, and liquidity across connected ecosystems.
Experience the future of a chain-abstracted Web3 today: xion.abstract.money
What is Chain Abstraction?
Chain Abstraction is XION's solution to making Web3 accessible to everyone, everywhere. It works by abstracting away all complexities for end users, allowing them to interact with blockchain applications as easily as they would with traditional web services. This approach enables the development of products that are truly usable by mainstream audiences, bridging the gap between Web2 and Web3 experiences.
Furthermore, this Chain Abstraction functionality is extended cross-chain to connected ecosystems, and through Abstract’s powerful tools allows users to seamlessly interact with applications on different blockchains without needing to understand the underlying infrastructure. This creates unified user experiences and ecosystem composability, effectively breaking down the barriers between different blockchain networks and reshaping the historically competitive nature of L1s, which typically compete for users, liquidity, and developers, to enable true mainstream adoption.
Chain Abstraction to Neutron Launch
Today's launch empowers users on XION to interact with Neutron without 'leaving' the chain. Abstract extends XION’s ease-of-use, offering seamless composability of users, apps, and liquidity across connected ecosystems. Abstract is a powerful account-based smart-contract development and distribution platform. Its tooling allows developers to build and scale cross-chain applications, and perfectly aligns with XION's infrastructure and vision of seamless cross-chain composability.
The integration connects the XION ecosystem to Neutron, a rapidly growing smart contract ecosystem enabling developers to build and scale breakthrough applications. As the first Integrated Application network, Neutron provides app builders with native automation, arbitrary cross-chain interoperability, MEV recapture, custom fees and mempools, and more. This empowers entrepreneurs to create better, more profitable applications that can onboard users from anywhere. Today’s integration opens the floodgates for non crypto natives to seamlessly onboard and interact with Neutron apps, all through a unified XION experience.
How It Works
While the end result may seem trivial on the surface, today’s proof of concept walks the user through all the complex functionalities built to enable such powerful functionality. In practice, these steps will all be abstracted away in the background to create one-click, cross chain user experiences. A few of the actions taking place in today’s launch:
The user creates a smart-contract account on XION, simply using an email.
The user then creates an Interchain Abstract Account on Neutron, controlled directly by the XION account.
The user can now initiate transactions from the XION account, through its seamless UX, then permissionlessly communicate over IBC using the Abstract IBC messaging protocol.
The smart contract account on Neutron receives the instructions and executes those transactions on the Neutron blockchain.
The result is communicated back to XION.
This first implementation is just the beginning. We're extending this functionality to plug into the growing ecosystem of applications built on Neutron and other connected chains, all from a unified experience. This will enable users to create an account on XION with simply their email, and interact with applications built on Neutron through just a click of a button. They’ll then be able to use that same account, to interact frictionlessly with applications on other connected chains.
Significance of the launch
The Chain Abstraction launch on Neutron via Abstract is pivotal for several reasons. It provides intuitive user experiences by removing the technical barriers that have long hindered widespread adoption of blockchain technology. By abstracting away complexities such as gas fees, wallet management, and cross-chain interactions, XION is making Web3 applications as user-friendly as their Web2 counterparts.
This integration also addresses the issue of ecosystem fragmentation that has plagued the blockchain industry. By enabling unified cross-chain interactions, users can seamlessly move between different blockchain ecosystems without needing to understand the underlying technical differences. This interoperability not only enhances user experience but also increases liquidity across ecosystems. In addition, for application developers, it greatly enhances distribution to greater user audiences.
Moreover, this launch opens up new possibilities for novel cross-ecosystem use cases. Developers can now create applications that leverage the strengths of multiple blockchains, leading to more robust and feature-rich dApps. By tapping into ecosystems with developing applications, XION is enabling innovation and bringing benefits to all participants in the industry.
Try it today
Experience the future of Web3 now at xion.abstract.money.
Create an account on XION as easily as creating an account on any Web2 platform, have that account control your Neutron account, and mint a commemorative Proof of Abstraxion asset on the Neutron chain — all from a seamless user experience.
Going Forward
Today's launch is only the first phase, with many additional functionalities to be released in the future, and merely serves as a demonstration of the powerful functionalities being built. This integration opens up new avenues for mainstream adoption of Web3 by lowering entry barriers for new users and providing access to an interconnected ecosystem of apps and liquidity. It empowers applications to operate flawlessly regardless of the execution environment.
For users, this also means smoother and more intuitive interactions with decentralized applications, without worrying about the underlying infrastructure. The unparalleled fluidity in users and assets, as well as the cross-chain composability of applications, paves the way for exciting innovations. As XION and Abstract continue to expand Chain Abstraction across multiple blockchain ecosystems, we remain committed to driving adoption by improving user experiences and seamlessly connecting all major ecosystems.
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About Neutron
Neutron is the first Integrated Application network, and provides app builders with native automation, arbitrary cross-chain interoperability, MEV recapture, custom fees and mempools, and more. By leveraging the Interchain Security model, Neutron ensures robust security by utilizing the validator set of the Cosmos Hub. The project has secured significant investment, including a $10 million funding round led by Binance Labs and CoinFund.
About Abstract
Abstract is a powerful smart-account-based smart-contract platform designed for multi-chain use-cases. It offers tooling and infrastructure to build and scale applications across multiple chains, eliminating apps’ platform risk and giving them access to users and liquidity everywhere. Abstract’s infrastructure supports any chain connected via IBC, with EVM, Solana, and Avalanche interoperability arriving later this year.