The Near Foundation recently unveiled a significant advance for the Near protocol, now enabling multichain transactions from a single account. This feature, made possible by the introduction of the "Multichain Gas Relayer", eliminates the need to have another chain's native gas token to perform transactions. This innovation represents a further step towards a seamless user experience in the multichain cryptosystem.
A bridge to channel interoperability
Near's introduction of the Multichain Gas Relayer is a major innovation, promoting interoperability between different blockchains. This technical advance enables users to sign transactions on one blockchain while using the keys of an account located on another blockchain. This greatly simplifies multi-chain interactions, making it possible to use a single digital wallet to access multiple blockchain ecosystems.
Profound implications for DeFi
The evolution brought about by Near opens up new perspectives for decentralized finance, enabling the integration of blockchains traditionally not compatible with smart contracts, such as Bitcoin, into DeFi scenarios. This integration could generate a wave of innovation in the sector, enabling the development of decentralized financial products that take advantage of the security and liquidity of blockchains such as Bitcoin, without requiring the physical transfer of assets to a new blockchain.
Next steps and potential impact
With successful implementation on testnet and planned rollout on mainnet, this feature promises to dramatically improve the user experience in the crypto ecosystem. The anticipation of a more simplified and unified use of blockchain services could not only increase the adoption of cryptocurrencies, but also stimulate innovation in decentralized finance and beyond.
