10min chapter

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The Chain Abstraction Thesis | Season 7 Episode 3 | Sam & Illia

Bell Curve

CHAPTER

NEAR as a Bridge for Trading NFTs

This chapter discusses the blockchain operating system of NEAR and its role as a bridge for trading NFTs at the account level. It compares NEAR to a centralized exchange but with a more crypto native approach, and touches on the MPC signer system and threshold encryption. The speakers also delve into the concept of escrowing Bitcoin for certain transactions and the need for a settlement layer for cross-chain transactions.

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