The C.A.K.E Framework, Credible Accounts, and Resource Locks

How OneBalance is Building Their Chain Abstracted Vision via Credible Accounts

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The C.A.K.E framework established that chain abstraction is a collaborative effort, and not a one winner takes all situation.

This idea for how the intents and chain abstraction stack works was originally created by Frontier Research and now there is a C.A.K.E working group. Since then, they have also spun off a new project called OneBalance focusing on credible accounts and achieving the chain abstraction experience.

We were joined by Stephane, an ex-Flashbots team, and now leading the OneBalance team. We talked about their focus on developing a chain abstracted stack via credible accounts and resource locks. These innovations prevent double-spending and make secure cross-chain messaging possible without the need to lock assets on the source chain.

Collaboration is at the heart of OneBalance’s mission, along with other chain abstraction contributors. Rather than replacing existing wallet infrastructure like MetaMask or Rabby, OneBalance aims to integrate its credible account capabilities into them to make the transition for users easier.

We asked how Stephane sees OneBalance getting traction and what the process would be like for active users to switch to their solution.

We also discussed the role that solver networks play in the chain abstraction ecosystem, executing transactions on behalf of users and ensuring fast fills. We discussed the permissionless access, speed, and price optimization properties of solver networks, which allows them to tackle the “order flow trilemma”.

We also talked about MEV and local consensus towards the end, and uncovered a bold thesis from Stephane…His vision? Every validator and user account to operate as its own rollup.

Watch or listen to today’s episode to learn about the CAKE framework and credible accounts as a means to achieving the chain abstracted future.

The Rollup