Illia Polosukhin is the Co-Founder of NEAR Protocol, a sharded proof-of-stake Layer 1 blockchain. We discuss NEAR’s transition from an AI project to 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.
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.
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Chapters
1:04 Who is Illia Polosukhin?
4:04 NEARās 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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- Source: https://thedefiant.io/what-is-near-protocol-or-a-comprehensive-overview-and-future-prospects
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