# Nubit Tackles Web3's Last-Mile Problem: KBW 2024 Recap

**Published by:** [Web3 Insights Journal](https://paragraph.com/@zephyr/)
**Published on:** 2024-09-05
**Categories:** nubit, kbw2024
**URL:** https://paragraph.com/@zephyr/nubitkbw2024

## Content

Nubit’s founder, Prof. Yu Feng, highlighted Web3's "last-mile problem" at the Bitcoin Renaissance event during KBW 2024. He discussed the challenge of bridging the gap between strong blockchain infrastructure and the lack of user-friendly, widely adopted applications, introducing Nubit’s Minichain solution, powered by Bitcoin, as a way to onboard millions of consumers. Current situation Despite advancements in L1 blockchains like Bitcoin and Ethereum, mass adoption remains elusive. Developers struggle with complex choices, such as which blockchain to use and how to store data, slowing Web3's progress and hindering its ability to match Web2's seamless experience. Web 2 - WeChat use case Prof. Yu highlighted how Web2 platforms like WeChat achieved mass adoption by abstracting away backend complexities, allowing developers to focus on building applications without worrying about infrastructure. He suggested that Web3 should follow a similar approach by creating an integrated system that simplifies blockchain complexities, enabling developers to focus on innovation rather than technical challenges. By doing so, Web3 could potentially replicate the seamless experience that drove the Web2's success.WeChat DevToolsNubit Solution Nubit aims to solve Web3's last-mile problem and onboard millions of crypto apps through three key components: the Unified Wallet, Minichains, and the Universal Bridge/Nubit DA Layer.Unified Wallet: this wallet simplifies access to multiple blockchains with a single entry point. Minichains: app-specific blockchains tailored to each application's unique needs.Universal Bridge and Nubit DA Layer: secured by Bitcoin, to address fragmentation, Nubit’s bridge enables seamless communication between Minichains. Nubit’s Key ComponentsMinichain-as-a-Service (MaaS) Nubit’s Minichain-as-a-Service (MaaS) allows developers to launch apps without managing blockchain infrastructure. The testnet has already onboarded three Telegram-based apps, generating 120,000 transactions and 30,000 daily active users within days. This success marks just the start of what’s possible.Nubit The Matrix StructureA Complete Ecosystem Prof. Yu, quoting Ethereum researcher Dankrad Feist, emphasized that infrastructure is valuable when it forms a cohesive ecosystem. Nubit aims to provide essential components for Web3 to reach its full potential, avoiding a speculative "digital casino." By integrating our key elements, we’re building the foundation for the next wave of decentralized apps and solving the last-mile problem in Web3.

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