Wednesday, July 3, 2024

What’s NEAR Protocol? | A Complete Overview & Future Prospects

Illia Polosukhin is the Co-Founding father of NEAR Protocol, a sharded proof-of-stake Layer 1 blockchain. We talk about NEAR’s transition from an AI challenge to crypto, and later acquire deeper perception into NEAR’s core rules, underlying expertise, the customers, builders, in addition to anticipated new options within the close to future.

Episode Description

Illia Polosukhin is the Co-Founding father of NEAR Protocol, which is a sharded, proof-of-stake, Layer 1 blockchain. Initially conceived as an Synthetic Intelligence endeavor, NEAR underwent a metamorphosis, pivoting its focus to grow to be a crypto challenge. We start our dialog by exploring NEAR’s shift into crypto, and later acquire deeper perception into NEAR’s core rules, underlying expertise, the customers, builders, in addition to anticipated new options within the close to future.

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🎙️Hearken to Interview

Chapters

1:04 Who’s Illia Polosukhin?

4:04 NEAR’s design

7:52 Mini Blockchains

DeFi AlphaPremium Content material

Begin totally free

9:30 Consensus mechanism

10:29 NEAR token

12:30 Collaborating in NEAR Community

13:11 Bodily shards

18:10 Delegation

19:32 Liquid staking on NEAR

20:50 Purpose & Design

26:23 Ultimate use circumstances for NEAR

33:54 Bridging

39:38 Attracting customers and builders

44:38 New crosschain mechanism

48:10 Way forward for Blockchain

54:31 Way forward for NEAR

59:15 AI run governance

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