Bittime - XION and Landslide team up to bring "Chain Abstraction" technology to the Avalanche ecosystem. This technology will pave the way for wider crypto adoption and make it easier for users to interact across different blockchains.
What is Chain Abstraction?
Chain Abstraction is a solution XION developed to make Web3 more accessible and understandable for everyone. With this technology, users no longer need to be confused by the hassle of switching between different blockchains.
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XION is like a bridge that connects various blockchains, so users can interact with various crypto applications easily.
XION Chooses Avalanche
XION has collaborated with several other blockchains such as Injective, SAGA, and BNB Chain to present Chain Abstraction.
Also read: What is Memecoin Avalanche? Here is the explanation
This time, they partnered with Landslide to bring the technology to the Avalanche ecosystem, including all its subnets.
What is a Landslide?
Landslide is a bridge that connects Avalanche with other blockchains, especially the Cosmos ecosystem. Apart from that, Landslide also supports two virtual machines commonly used in the crypto world, namely the Ethereum Virtual Machine (EVM) and the CosmWasm Virtual Machine (CWVM).
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With this support, developers can create crypto applications that can run on both blockchains simultaneously. In short, Landslide makes moving assets and data between blockchains easier.
Also read: How to Stake Avalanche (AVAX), Follow the Tutorial!
XION and Landslide Team Up
By combining XION's Chain Abstraction technology and Landslide's ability to connect to multiple blockchains, Avalanche users can now enjoy the ease of moving to other ecosystems.
For the first time, native crypto assets from Avalanche can flow freely to other blockchains in the Cosmos ecosystem. This opens up new innovation opportunities and increases the liquidity of crypto assets.
Benefits of Chain Abstraction
The integration of XION and Landslide will make Web3 easier to use, even for people unfamiliar with crypto. Users no longer need to worry about complicated blockchain infrastructure.
Later, users can simply use the "Meta Account" from XION to interact with various applications on Avalanche and other blockchains.
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Conclusion
This collaboration between XION and Landslide is an important step for the future of Web3. Chain Abstraction technology makes switching between blockchains seamless and intuitive.
In addition, this integration paves the way for the birth of innovative crypto applications that can be utilized by users from various blockchain ecosystems.
With the convenience offered, it is hoped that widespread adoption of Web3 will be realized more quickly. Landslide's testnet (test network) is scheduled to launch in the coming weeks.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
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Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
What is Avalanche? How to Connect to MetaMask?
Unlocking the Potential of AVAX and the Thriving Avalanche Ecosystem
Avalanche (AVAX) Comprehensive Review 2024: Complete Guide
What is Coq Inu (COQ)? Avalanche Blockchain Based Token
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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