Chain abstraction, privacy DeFi, and Web3 behavioral data - a delightful trialogue of three infrastructures
In the blockchain world, there are three protagonists showcasing their unique personalities. @burnt_xion says, "Leave the complex chains to me!" as a UX genius that hides all technical headaches, @tenprotocol proclaims, "Privacy is sacred!" as the mysterious guardian of DeFi, and analysis platforms like Nansen, Formo, and Dune shout, "Every wallet has a story," exploring data as intelligent analysts. The combination of these three infrastructures is currently creating the most exciting stage in Web3.
XION is a Layer 1 blockchain built with the Cosmos SDK, solving chain abstraction 'at the protocol level.' Instead of complex wallet addresses, users can log in with email or biometric authentication, gas fees disappear, and fees can be paid in USDC. Connected to over 170 chains through IBC and Axelar, moving between chains feels as natural as moving between apps. Over 3.6 million meta accounts have already been created, and more than 800,000 users are using XION as part of their daily lives. Especially thanks to the mobile developer kit, many have found that "creating Web3 apps" has become much easier. The UX revolution that eliminates complexity is the essence of XION.
TEN Protocol innovates from the opposite direction. This project is a DeFi automation layer that prioritizes privacy and security. Encrypted smart contracts running on hardware security chips like Intel SGX and AMD SEV completely block external eyes. All transactions are executed only within a hardware-isolated zone, and are processed fairly through TEE-based random consensus without a central sequencer. This eliminates concerns about MEV. From the user's perspective, the 'programmable privacy' feature, which allows them to set when and how to disclose their data, is very attractive. Even with just the testnet, over 540,000 wallets have already been created, and more than 120 partners are involved. It truly can be called 'the brain of mysterious DeFi.'
In contrast, the field of Web3 behavioral analysis is more human-centric. Analysis platforms like Nansen, Formo, and Dune read market trends through wallet data. Nansen has labeled 75 million addresses, Formo tracks real-time user journeys across more than 40 chains, and Dune is a community-based SQL analysis hub where over a million people visualize data themselves. Without directly handling personal information, the ability to segment wallet behavior and read trends based on AI is becoming increasingly sophisticated.
It's interesting to compare the characteristics of the three protagonists side by side. XION eliminates complexity for usability, TEN wraps complexity for privacy, and behavioral analysis finds meaning within complexity. XION's strength lies in simple onboarding and gas-free transactions like Web2. However, discussions about metadata exposure still remain. TEN secures high security thanks to hardware, but this increases equipment dependency, leading to scalability concerns. Analysis platforms provide insights with perfectly anonymized data, but there are some limitations in personalized analysis.
From an integrated perspective, XION connects over 170 chains through IBC and Axelar, while TEN submits encrypted rollups utilizing Ethereum L1. Behavioral analysis platforms collect real-time data based on The Graph, achieving a cross-chain identification accuracy of 95%. Each technology speaks a different language, but ultimately, they operate within one massive ecosystem.
The growth rate of the ecosystem is also remarkable. XION has raised over $36 million, and more than 250 projects are already being built. TEN started with $10 million and has secured 120 partners in the DeFi, RWA, and AI sectors. The analysis market has attracted over $200 million in total investments, and institutional adoption is rapidly increasing. Community reactions are also interesting. XION is generating buzz among developers due to its mobile-friendliness and Apple ID integration, while TEN is seeing high participation enthusiasm thanks to its testnet reward structure and EVM compatibility. In contrast, the analysis sector is institutionally focused, but this also means higher data reliability.
The perspectives of companies are certainly different. XION is evaluated as a "consumer-friendly blockchain" in the payment, retail, and finance sectors, while TEN is gaining attention as an infrastructure optimized for protecting medical and financial data. Behavioral analysis platforms are establishing themselves as 'strategic maps' for DAOs and institutional investors.
In summary, XION is an innovator transforming blockchain into everyday UX, TEN is a security artisan automating DeFi safely, and behavioral analysis platforms are intelligent analysts reading the pulse of the ecosystem through data. The future they are creating together is not just a simple combination of technologies, but rather the cornerstone of a new Web3 era where "easy-to-use blockchain, secure transactions, and smart data" coexist.
Show original

4.04K
63
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.