What on Near Blockchain can induce the next transition of Crypto Space and web 3? Chain Abstraction Chain abstraction simplifies the user experience in Web3 by hiding the complicated blockchain technology. For instance, in networks like Near, users can create and recover accounts using email addresses instead of dealing with complex seed phrases. Polosukhin the co-founder of Near Protocol in his speech at Seoul said "The idea is that blockchains must be abstracted away from the user so they are not barriers to entry or participation,”. Meaning that the goal is to make blockchains easier for users, so they don't stop people from joining or taking part. Polosukhin recognized that with chain abstraction, regular users might not fully understand security risks. However, the Web3 community aims for more decentralized and secure systems. Polosukhin noted that sophisticated parties handling liquidity and routing will drive for decentralization and security. If they notice any issues, they'll avoid those services.