A narrative upgrade from "protocol" to "end," speaking through good products.

Written by: Haotian

In the spirit of saying a lot with few words, I will quickly comment on the significance of @ParticleNtwrk's launch of the UniversalX new "chain abstraction" application trading platform:

1) "Chain abstraction," as a mainstream continuation of modularization, aims to achieve a paradigm shift from the current infrastructure split to an enhanced user application experience. However, many people cannot intuitively grasp the significance of this change and have even labeled chain abstraction with various "misinterpretations."

The UniversalX trading platform was born out of this context, since the B-end concept cannot provide an intuitive understanding, it simply launches a C-end application product to drive "intuitively."

Essentially, it completes a narrative upgrade from "protocol" to "end," speaking through good products.

2) UniversalX is a Chain-agnostic trading platform supported by universal accounts. In terms of functionality, it advocates for upgrades in user experience levels such as "one account, one balance, any chain, no bridging, any Gas, fiat currency access," and more.

What seems simple is actually the result of "abstracting" the complex chains, funds, and interaction environments. For example, "one account, one balance" means unifying access to various homogenous and heterogeneous chains and managing centralized balance scheduling. Users may not perceive the complexity, but the underlying protocol scheduling and control layer must tackle a significant amount of cross-chain interaction communication challenges.

Therefore, UniversalX is not a product that can be perfected overnight; it will continue to optimize various small details in subsequent iterations. It is difficult to achieve perfection from the start, as the Crypto field always presents new complexities that need to be "abstracted."

3) The strategic significance of UniversalX is immense, as it will directly impact the two mainstream industry formats of "decentralized Wallet" and "centralized CEX."

Taking custodial wallets as an example, most wallets are caught in a "functional" differentiation, but they ultimately serve as a control panel for users to manage assets, failing to rise to the level of a user "entry point." The reason is that the functional differentiation of wallets can also lead to a fragmentation of user experience, which is difficult to change in the past development environment that emphasized "heavy infrastructure, light applications."

UniversalX's approach of aggregating various basic functions and unifying user experience from the outset will truly create a trend of "entry points," posing a threat to the moat of decentralized Wallets;

The impact on centralized CEX is easier to understand. UniversalX, a product that approaches CEX functionality but is entirely based on the on-chain environment, will catch a wave of on-chain DEX gradually surpassing CEX during a significant profit period. The final outcome is uncertain, but even lowering the participation threshold of the on-chain environment to the level of competing with CEX would be sufficient.

It is not difficult to see that this is a new species, starting anew under a new "chain abstraction" narrative, aimed at upgrading user experience, based on application "end" thinking.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。