Illia (root.near) (🇺🇦, ⋈)
@ilblackdragon
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Co-Founder @NEARProtocol . Working on bringing 1B users into web3. Previously builder of #Tensorflow & ML researcher.
NEAR
Joined October 2009
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Last Seen Profiles
Chain Signatures launched on
@NEARProtocol
today, enabling NEAR accounts & smart contracts to sign transactions for any blockchain – no bridges required.
Supports Bitcoin, Ethereum, Cosmos chains, DogeCoin, & XRP Ledger, with more coming soon.
More on why it's cool below ⬇️
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Compared to other blockchains, NEAR is designed to not have limited capacity but instead scale with demand.
This means there is generally no expectation that blockchain will be full and fees should stay at the floor price (outside of hotspots which require priority fees)
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I was honored to speak at the
@nvidia
GTC event today with Jensen Huang and all the "Attention Is All You Need" coauthors! I got to share some of we've built at
@NEARProtocol
.
Session videos are available in case you missed it:
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I want to give a huge shout out to
@BowenWang18
and everyone working on NEAR Protocol.
NEAR network has went through an amazing growth over past 3 months, which led work group to add 2 more shards (4 => 6) increasing capacity by 50%.
NEAR saw pick up in utilization as part of…
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Today
@NEARProtocol
is
#1
in daily active users across all of Web3 – super exciting to see!
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News: I'm excited & honored to join NEAR Foundation as CEO.
The NEAR ecosystem is always evolving. My goal for our next phase is to help our teams work together more efficiently toward our shared vision of the Open Web.
Join us at
#NEARCON23
to learn about the future of NEAR!
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500k onchain users with 280k daily active. And continue to grow rapidly.
Anyone interested in tapping this audience for their distribution? Something is cooking 🧑🍳
HOT is
#3
crypto app 🔥
Great result of HERE and
@NEARProtocol
team's work! And this is just the beginning, the first app inside NEAR ecosystem in Telegram coming next week! ⛏️
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Drop ideas for what NEAR ecosystem needs for next 10x usage growth? Feedback and papercuts are welcome.
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Although it’s flattering to be recognized for work done in 2017, it was just the beginning.
@NEARProtocol
is the platform for changing the world at scale with user-owned AI as part of the vision.
Establishing novel feedback loops as a chain with most users in web3.
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Today
@NEARProtocol
celebrates 2 years since launching mainnet! I want to unpack our approach to scaling for 1B users & helping builders create without limits. So what sets NEAR tech apart? 👇
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I’m often asked what differentiates NEAR's Layer1 and how I think about its place in the broader Web3 eco––here’s a breakdown comparing different networks/layers in Web3 to traditional computing and the advantages & tradeoffs each offers.
@cosmos
is like a datacenter building…
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I made 2 exciting announcements at
#NEARCON23
today about how the
@NEARProtocol
ecosystem is increasing alignment with the modular Ethereum stack: a collaboration with
@0xPolygonLabs
to build zkWASM, a ZK prover for WASM chains to unify liquidity across Web3, and a new NEAR DA…
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Focusing on building pays off. 4m users on-board in 27 days.
Congrats to
@SweatEconomy
for being fastest growing web3 app and prob 5% of all web3 wallets atm.
#MassAdoptionIsNear
Yesterday, we broke past four million Sweat Wallets! 🥳
Million by million... Sweat Economy is growing 🚀
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It's 15 seconds to have your first end to end JS app on
@NEARProtocol
with npx create-near-app
There are 20m JS devs in the world, who are now able to build web3 apps without needing to learn anything new.
Web3 development just got a whole lot easier for Web2 developers! 🚀
NEAR is excited to unveil its awaited JavaScript SDK at ETHToronto.
NEAR’s JS SDK is a key move to democratize Web3 development.
Get up to speed 🔽
#JSisNEAR
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For anyone who thinks what is happening is normal… there are kids in subways hiding from bombs and just now a newborn came to life in bomb shelter.
There is very small minority is Russia that justifies this but it has created a scare system that people are not able to stand up
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Importantly, I want to encourage everyone to work together. There will be growth challenges and we will discover new bottlenecks.
Assume good intentions. Provide constructive feedback. Offer to help.
This ecosystem is owned by all of us.
I want to give a huge shout out to
@BowenWang18
and everyone working on NEAR Protocol.
NEAR network has went through an amazing growth over past 3 months, which led work group to add 2 more shards (4 => 6) increasing capacity by 50%.
NEAR saw pick up in utilization as part of…
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Want to build a startup in web3 but don’t know yet exactly where to start?
Hit me up in DM with ideas/brainstorms/your background and let’s work together to turn it into next unicorn.
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Chain Abstraction is about using apps w/o navigating individual chains.
Account Aggregation lets users transact across all chains from a single account, abstracting all the complexity of bridging, gas, & wallets.
Deep dive on the use cases this enables:
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Comparison of
@NEARProtocol
ecosystem metrics from my presentation today at
@MessariCrypto
's
#Mainnet2022
.
Ecosystem is growing quickly but we are still only at the beginning of the journey to bring
#web3
to the mainstream.
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Idea for project on NEAR: turn account into an NFT that can be sold on marketplaces and take royalties
It can be done by deploying a contract into any account that mints single NFT and allows it to be burnt to get access of the account
Liquid named account market awaits
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Soon there will be no bear, no bull, just AI
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Today the
@NEARProtocol
ecosystem celebrates 3 years since the community voted to launch MainNet!
Today, NEAR has achieved:
700K DAUs
1.7M daily transactions
3.1M monthly active wallets
30.5M accounts
2 of the top 5 apps in Web3:
@sweateconomy
&
@Cosmose_
KAI-CHING
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Not all data should live on public chain. Encrypted data can’t be reasoned about.
Private shard methodology allows each company to maintain their data while still participate in the global consensus and able to prove to other parties various facts.
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It’s sad that at this age people are dying due to political games. I wish everyone to stay safe independent of country or nationality, there is no justification of taking life.
I hope we can build community first future where these situations stop happening
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Read what pretense did Hitler use to start the ww2 and compare with today
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I spoke to
@CNBC
Crypto World about the launch of Chain Signatures on
@NEARProtocol
to enable:
-DeFi on Bitcoin
-Multichain transactions from single account/smart contract
-Liquidity aggregation across chains & within apps
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Happy New Year!
The Year of Dragon is coming and we are all going to be swept by technology innovations.
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Congrats to
@NEARProtocol
for getting to 10m accounts on chain (not including
@auroraisnear
's).
Lots of room to grow on the activating these users through out the ecosystem. Web3 is truly adopted when users are interacting with chain every day.
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We have launched DAO to collect funds for humanitarian purposes: evacuation, food, shelter, and other support.
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"A world where people control their assets, data, and power of governance" is
@NEARProtocol
's mission
The alternative is a world increasingly controlled by a few profit-driven parties centralizing power.
Which world would you like to live in?
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It has been amazing to see
@NEARProtocol
community coming together at NEAR CON.
People working on everything from infra, DeFi, gaming, NFT artists, community and guild members, and way beyond has came up together to celebrate NEAR’s 1st year as permissionless network.
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Today we announce that NEAR is the Blockchain Operating System: a common layer for browsing and discovering open web experiences, compatible with any blockchain.
#NEARisTheBOS
Now live at
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Which project you respect the most in
@NEARProtocol
ecosystem?
Don't name yours. Like tweet if it's already mentioned.
Will post a thread for top 3 projects
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Checkout
@JeffKauflin
of
@Forbes
walk through the
@ElectricCapital
's report. Great to see recognition of
@NEARProtocol
's dev community growth.
We are just getting started!
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Why should you build on NEAR?
I get this question all the time, so I put my answer in a video!
Here’s what makes
@NEARProtocol
the most accessible protocol for developers and users: simple, scalable, secure, sustainable. 👇
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The proliferation of blockchains & rollups has led to a degraded experience for users and devs.
We need Chain Abstraction: removing all the blockchain hurdles from the user experience so apps just work. With any chain.
Here's how:
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Merry Christmas! Let the dragon be with you!
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Imagine you can trade the whole accounts on BTC, ETH and other chains? With 2s finality and for fraction of a cent.
Swap BRC-20 for veCRV? No problem!
Account aggregation will power that.
More on this soon.
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May be for you crypto is a casino, for me it's the only way forward.
Remember we are living in the world where this is happening left and right - TV tower, 50 meters from the home I grew up in, got blasted away.
People still ask how is crypto better than fiat?
As a Ukrainian it's pretty much a monthly occurrence that some financial platform (incl crypto) de-platforms me out of the sudden and I need to spend time with support figuring out what happened.
Crypto accounts are all mine.
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Congrats to
@Sweatcoin
!
With 120m installs and 13m accounts already on-chain and continue quickly growing they just enabled transfers/staking. This is coming to be the biggest app in
#web3
right now
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If your feed is not full of dragons 🐉 are you even in NEAR ecosystem? Follow ppl who reply 👇
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ChatGPT got to 1m users in 5 days.
HOT got to 1m users in 10 days.
May be not fastest growing app ever, but definitely fastest in web3.
🔥 HOT has passed 1,000,000 miners!
Within 12 hours a new way of mining will be opened - mining with community in villages! 🛖
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@VitalikButerin
@KremlinRussia
Любая война только приносит вред. В этом случае это еще и ситуация брат на брата, так как многие семьи имеют родственников по разные стороны границы.
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Thanks
@JasonYanowitz
&
@santiagoroel
for having me!
For anyone wanting to learn more about
@NEARProtocol
this week 👀 this is a great place to start – we cover sharding, composability, bridges, the multichain future, communities as moats, and lots more
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People still ask how is crypto better than fiat?
As a Ukrainian it's pretty much a monthly occurrence that some financial platform (incl crypto) de-platforms me out of the sudden and I need to spend time with support figuring out what happened.
Crypto accounts are all mine.
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Phase 2 of
@NEARProtocol
sharding design is getting ready for testnet.
The core innovation is stateless validation, which brings requirements for most validating nodes down and allows to have a lot more validators as network grows with more shards.
Block producing (sequencing)…
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It's surprising that nobody is talking about removing Putin from power?
This is the simplest answer here to stop the war.
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Happy New Year and Holidays everyone!
2022 has been a crazy year, let’s recap and sneak preview of 2023!
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I’ve been wanting to start a degen NFT DAO that uses wisdom of the crowd to buy NFTs.
Who wants in?
@ilblackdragon
@mintbase
@AstroDao
Yup, we wrote a blog on it, needs refinement as we just made it super easy to find all your owned tokenId (shipped yesterday)
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1/ We just launched EVM execution environment on NEAR and have a bounty for
#ETHDenver
hackers to try it!
More details on how to run Solidity/EVM contracts by just changing few bits of config:
Work in most part was done by
@_prestwich
and
@barbaraliau
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See you in Dubai at
@token2049
, April 18-19! Lots of us from the
@NEARProtocol
ecosystem will be there to share new demos and progress on our contributions to Chain Abstraction.
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New Whiteboard Series for your weekend viewing!
This one features
@tarunchitra
from
@gauntletnetwork
unpacking maximal extractable value (MEV) in a Proof-of-Stake environment.
Link to full episode:
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Chain Abstraction is taking over web3, and there is no way back
We are moving past chain maximalism and audience fragmentation it created
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My vision has always been that to achieve AGI we will be using AI tools to augment ourselves
Ability for computers to program will be next major step changing how we interact with computing
AI progress of the last few years has shown that it’s becoming a reality
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Sometimes I forget that not everyone knows all the details and differences of how NEAR has launched from literally everyone else.
Just quick recap 🧵
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It’s the time when everyone shills their own solution to their own audience with generic marketing messages.
We need to actually start teaching people how this tech and economics works.
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Chain Abstraction and User Owned AI is the fork in the road we should be choosing and I’m working hard to make that happen.
I watched all the NEAR speakers at Eth Denver and pulled my favorite clip from each presentation.
Big takeaways
• NEAR = Chain Abstraction
• NEAR tech to bring users to ALL chains
•
@ilblackdragon
is the 🐐 of AI.
🧵my top clips
Illia's thoughts on AI🤯
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Your NEAR sharding deep dive:
- Nightshade v2 paper:
- Sharding vs L2s thesis:
- Launching sharding (2021):
- 2024 roadmap update:
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I shared some thoughts with
@CoinDesk
about why 2024 will be the year of chain abstraction.
Chain abstraction means that blockchains and other infrastructure will become increasingly invisible to users and to an extent developers – because ultimately most end users don't care…
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As we charge ahead into Q2 of 2024, Sender Wallet is thrilled to announce our unwavering support for
@NEARProtocol
's groundbreaking vision of Chain Abstraction.
Here's how we're igniting the flames of support:
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A full house for the
@NEARProtocol
and
@atkablockchain
meetup at
@PBWSummit
#PBWS2022
!
Join us for our Roundtable on Pioneering the Future of DAOs on Thursday at 4pm, where I’ll talk about
@UnchainFund
, and find us around the conference this week to learn more about NEAR
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More exciting news from
#NEARCON23
:
@eigenlayer
and
@NEARProtocol
are partnering to build a fast finality layer for Ethereum rollups.
Fast finality enables cross-rollup tx processing within 3 seconds (rather than hours or days) and 4000x more cheaply than the current options,…
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Excited for us to come together, reminisce and discuss what’s coming next from everyone.
Don't miss the insights from all 8 authors of the groundbreaking paper "Attention is All You Need" that introduced transformers to the world.
👀 Hear from the experts on the technology that helped build every major
#AI
model.
#GTC24
Join us
@NVIDIAGTC
:
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nearcore 1.22 has been published -
Switching to 4 shards and 2x performance improvement for the single shard. 8x more capacity to start and more to come!
Time to upgrade, validators!
Congrats to core protocol team for making this happen!
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Surprised ppl compare this crash to dotcom and not to ‘08
There are users and use cases that are truly working. Mostly just collapse of overleveraged positions of few parties and macro adjustment
Builders are continue to build, great projects continue to grow
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Another amazing integration for NEAR DA with
@0xPolygonLabs
CDK!
Now ZK rollup builders can get cost-effective, lightning-fast DA that scales with NEAR’s sharding.
Let's keep driving Chain Abstraction and creating better experiences for developers & users.
NEAR's Data Availability layer has integrated with
@0xPolygonLabs
' CDK for developers building Ethereum ZK rollups 🎉
>8,000x cheaper than DA on Ethereum
>Hyper speed
>Unmatched reliability
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Actually thinking more about this
@VitalikButerin
's statement about risk of Chain Abstraction: most users won't ever be able to reason about security and decentralization of the various networks, instead you want sophisticated actors that provide services to these users to be…
Great point from
@VitalikButerin
at
@buidl_asia
that concealing which chain you're on from users sounds good in the short term for UX, but actually disincentivizes chains to prioritize security and decentralization.
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If you're here at
@eth_seoul_
and are a CHAD (CHain Abstraction Developer), don't miss the full suite of bounties from the NEAR ecosystem:
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Going to be hard to compete with the NEAR onboarding funnel
- projects that onboard millions of users already (top 3-4 out of 10 web3 apps are on NEAR)
- fully abstracted blockchains so users can use everything in web3
- infra and UX that just keep getting better
Going to be hard to compete with the Solana onboarding funnel
- unified infrastructure that can actually handle users and demand without massive UX sacrifices
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FUD comes and goes, builders keep shipping
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Devs do something.
Like abstract the blockchain for your users and make it easy for them to navigate the whole web3.
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Ecosystem milestone unlocked: there are now more than 500 projects tracked by
@awesome_NEAR
.
Start exploring at . It’s a great community resource listing all the projects building across NEAR and Aurora.
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It's been 1 month today since Russia invaded Ukraine and many of us are doing our best to use the tools we have in our hands to help – in my case, crypto and Web3. I wrote in
@WSJ
about how crypto has been useful for Ukrainians and the government.
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Thanks to
@CoinDesk
and
@jeffwilser
for the chat about my background in AI, leaving Google to build
@NEARProtocol
, and how the Blockchain Operating System makes all of Web3 more usable with decentralized frontends.
Join us at
@consensus2023
!
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Good article:
Not surprisingly,
@NEARProtocol
sharding design is exactly designed for the sharded data availability.
With full implementation, it's a "realistic rollup", where validators cross-validate other shards and challenge them in the next block.
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Excited for a fireside chat with one & only
@VitalikButerin
at
@buidl_asia
Thursday @ 10:10am. We'll talk about – maybe even debate – what's real and what's just hype at the intersection of Web3+AI.
Tune in to the livestream or watch replays here:
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Happy Lunar New Year!
新年快乐!
새해 복 많이 받으세요!
Chúc mừng năm mới!
🐉🔥
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The crypto story grows stronger.
First Canadian banks and now at the time most needed for Ukrainians US companies like
@brexHQ
are blocking transactions with Ukraine.
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Reply with your favorite or most crazy “X to earn” idea
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Don't miss my talk tomorrow at Transformer Assembly at
#ETHDenver2024
:
Some alpha below that builds on top of Chain Abstraction
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What
@Unchainfund
does?
Funding people on the ground in Ukraine right now across Kyiv, Lviv and other cities under attack. They are buying medicine, food and protection.
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Thank you
@crypto
for spreading the word about relief efforts in Ukraine and everyone who works hard on
@unchainfund
esp
@revrfg
@cjhtech
who have kicked it off.
It has raised more than $4 million in crypto so far and we thank everyone who has donated!
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I'm excited to see the
@NEARProtocol
ecosystem use a retroactive public goods funding model with
@potlock_
– this gives the community more ownership, gives more projects a chance to get support, and rewards those building shared infra or offering services to the ecosystem.…
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