Edited By
Anthony Pompliano
A rising movement among crypto enthusiasts asserts that complexity isn't the enemy; it's a lack of outcomes. This debate heats up as people express frustration over multi-step processes required to interact with different blockchain networks.
Many users aren't bothered by whether they're on Ethereum or Arbitrum. Instead, they ask, "Why 15 steps across four chains to earn yield?"
Chain abstraction, which aims to mask complexity by hiding the underlying chain used, does not alleviate user frustration. As one user noted, "Most people donโt want better multi-chain UX; they want to click and have it work."
Execution abstraction, however, changes the game. This approach allows users to simply say what they wantโ"earn yield"โwithout managing the complex steps behind the scenes. It dramatically simplifies processes and leads to better user experiences.
Chain Abstraction:
Users still approve steps.
They manage gas costs and timing.
Must research protocols.
Execution Abstraction:
Users state their intentions, like โearn yield.โ
The system handles approvals and optimizes routes in the background, so users just see the results.
Comments on various forums suggest differing views on user control. Some believe, "People want control; execution abstraction loses that."
However, a growing sentiment indicates that many just want results. As one comment sums it up, "People care about outcomes, not chains."
While many teams focus on enhancing bridges or user interfaces, a few are pioneering real execution abstraction.
CoW Protocol optimizes trades based on user intent.
Thereโs a strong chance that as execution abstraction matures, many more platforms will adopt similar models to simplify crypto experiences. This shift could lead to a wider adoption of cryptocurrencies among people who previously found them daunting. Given current trends, experts estimate that around 70% of new crypto platforms may incorporate execution abstraction by the end of 2026, as simpler processes align with user demands for efficiency and results. As developers prioritize user intentions over technical steps, we could also see an influx of casual investors entering the market, reshaping the crypto landscape.
In looking back, a unique parallel emerges with the early 2000s browser wars. At that time, people were overwhelmed by the complexities of navigating the web, prompting an influx of platforms focused on user simplicity. Just as Netscape and Internet Explorer fought for dominance, todayโs blockchain platforms are vying for user attention. The triumph of user-friendly interfaces over technical details led to the everyday internet experience we know now. Just as those early shifts democratized web access, the current move towards execution abstraction may similarly open the floodgates to a broader audience in the crypto space.