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Posted: 2025-05-13 05:27:29 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-13 05:28:01 UTC
Verified By
Rollup News
NEAR Protocol's Chain Signatures enable NEAR accounts and smart contracts to sign and execute transactions on other blockchains like Bitcoin and Ethereum using Multi-Party Computation (MPC), facilitating multi-chain dApps and cross-chain DeFi with reduced development complexity.
Enables multi-chain dApps from a single NEAR account
Powers cross-chain DeFi, NFT marketplaces, and atomic swaps
Reduces complexity and dev overhead with a unified NEAR-native programming model
Secure, trustless signatures via decentralized MPC
Complexity of managing multiple blockchain accounts
Security risks associated with cross-chain transactions
Development overhead for building cross-chain applications