In the early days of the Internet, networks were isolated and couldn't communicate with each other. TCP/IP changed that by connecting everything and fostering a new, interconnected digital world. Today, Web3 faces similar isolation where blockchains and platforms remain in silos, which limits liquidity and creates a fragmented user experience. Value transfer is constrained, and the full potential of this new technology remains untapped.
An aggregation layer designed for cross-chain settlement can eliminate barriers between different networks, allowing for greater liquidity flow. With this accommodation, any exchange could list assets disregarding their network origin. This not only eases the listing process but also enhances user access to a wider array of financial options.
With aggregation, users could enjoy a seamless experience akin to the current Internet, accessing everything from one central location. Having a universal profile and wallet would transform their interactions within Web3, making it easy for them to keep track of their assets and activities. This cohesion would be revolutionary, leading to a more integrated ecosystem.
Developers would also benefit greatly from a cross-chain settlement layer, as it would simplify their work. They could construct more sophisticated applications without being limited by the drawbacks of individual blockchains, allowing for innovative solutions that enhance user experiences and optimize asset use. This future can enable the full realization of what Web3 is capable of.
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