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What is NEAR Protocol? | A Comprehensive Overview & Future Prospects

What is NEAR Protocol? | A Comprehensive Overview & Future Prospects

FromThe Defiant - DeFi Podcast


What is NEAR Protocol? | A Comprehensive Overview & Future Prospects

FromThe Defiant - DeFi Podcast

ratings:
Length:
65 minutes
Released:
Jan 2, 2024
Format:
Podcast episode

Description

Illia Polosukhin is the Co-Founder of NEAR Protocol, which is a sharded, proof-of-stake, Layer 1 blockchain. Originally conceived as an Artificial Intelligence endeavor, NEAR underwent a transformation, pivoting its focus to become a crypto project. We begin our conversation by exploring NEAR's shift into crypto, and later gain deeper insight into NEAR's core principles, underlying technology, the users, builders, as well as anticipated new features in the near future.

Chapters
1:04 Who is Illia Polosukhin?
4:04 NEAR’s design
7:52 Mini Blockchains
9:30 Consensus mechanism
10:29 NEAR token
12:30 Participating in NEAR Network
13:11 Physical shards
18:10 Delegation
19:32 Liquid staking on NEAR
20:50 Goal & Design
26:23 Ideal use cases for NEAR
33:54 Bridging
39:38 Attracting users and builders
44:38 New crosschain mechanism
48:10 Future of Blockchain
54:31 Future of NEAR
59:15 AI run governance

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#TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain #Web3
Released:
Jan 2, 2024
Format:
Podcast episode

Titles in the series (100)

The internet of money is being built with blockchain technology and without banks. We call it DeFi, short for Decentralized Finance, and this is where you can hear the builders and users of this cutting edge world tell their stories first hand. Hosted by Camila Russo.