#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Everclear联创: Chain abstraction can preserve the original technology stack of the application, and also reduce application costs
Odaily Planet Daily News According to Arjun Bhuptani, co-founder of Everclear, at the Abstract Summit today, when talking about chain abstraction, applications are trying to use their own technology stack, including Arbitrum-level projects, so that they can customize their own needs, but this also increases the cost for other applications using the same technology stack. Moreover, currently, the customer acquisition cost for bridging assets for users of other chains is much higher than the cost of deploying directly on other on-chain platforms, so applications naturally tend to be deployed on other chains instead of relying on bridges. Chain abstraction can solve both of these problems to a certain extent: it can retain the application's original tech stack and also drop the cost of the application.