Chris Li, founder and CTO of Ava Protocol, anticipates a gradual move away from wrapped assets towards solutions like atomic swaps and zero-proof technology in blockchain development.
He emphasises the importance of maintaining decentralisation principles while enhancing blockchain utility.
Li predicts that blockchain development will shift focus from horizontal scaling to vertical scaling, highlighting advancements like smart wallets and multi-signature solutions.
Despite progress in simplifying blockchain processes, he believes there is still significant room for improvement to attract broader user adoption.
Ava Protocol aims to address these challenges by enhancing transaction speeds and reducing complexity through innovative solutions like smart wallets and automated workflows.