Illia (root.near) (πΊπ¦, β)
@ilblackdragon
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Co-Founder @NEARProtocol. Bringing 1B users into User-Owned Internet. Prev. AI researcher. RT&likes are not endorsement. Always DYOR.
Joined October 2009
North Star - all people and all GMV are in User-Owned Internet powered by NEAR.
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Chain Signatures launched on @NEARProtocol today, enabling NEAR accounts & smart contracts to sign transactions for any blockchain β no bridges required. Supports Bitcoin, Ethereum, Cosmos chains, DogeCoin, & XRP Ledger, with more coming soon. More on why it's cool below β¬οΈ.
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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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Today we announced that we will focus on making NEAR the home for User-Owned AI. We need AI that optimizes for the privacy and sovereignty of users. NEAR Foundation commits to incubate and invest in NEAR-based AI infrastructure projects including compute and inference, data.
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Merry Christmas from π family!
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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 β 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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As a founder - your job is marketing and sales first. This means that you should be thinking as much about communicating who you are and what you are working on as much as what you are building. Share publicly what you are working on and your updates, engage people in DMs, ask.
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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 π§βπ³.
HOT is #3 crypto app π₯. 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! βοΈ
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NEAR's usage has grown 10x every year. Excited to see end of 2024. @hotdao_ @Cosmose_ @Sweatcoin @play_ember @MeteorWallet @SenderLabs and more. (graphs are in log scale)
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Blink and itβs final: NEAR blocks are now 600ms, with 1.2 second finality. Thatβs 10x faster finality than Solana. 600x faster than ETH and L2s. Without the need for more expensive hardware. This is a major upgrade that truly sets a new performance standard for blockchains. Now.
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To congratulate Solana with ATH - we have launched Solana DEX . . Best cross-chain liquidity across union of CEXs and DEXs at your fingertips. Powered by NEAR Intents.
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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 itβs 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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Been happy to skip all the parties and go back to my 8 week old daughter. Bangkok have been fun with lots of meetings, but it's time to go back to training natural and artificial intelligences.
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Iβm often asked what differentiates NEAR's Layer1 and how I think about its place in the broader Web3 ecoββhereβs 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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Running Python inside WASM on NEAR. Challenge to fit it under 1mb. $300k in grants by DevHub
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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? π.
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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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Chain Signatures is live on all mainnets! Huge step towards Chain Abstraction: Chain Signatures enables @NEARProtocol smart contracts to sign transactions on any blockchain. Whereas before we had fragmented liquidity in DeFi, now there will be a single DeFi layer for all chains.
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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! π₯³. Million by million. Sweat Economy is growing π
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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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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! π. NEAR is excited to unveil its awaited JavaScript SDK at ETHToronto. NEARβs JS SDK is a key move to democratize Web3 development. Get up to speed π½ #JSisNEAR.
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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 donβt know yet exactly where to start?. Hit me up in DM with ideas/brainstorms/your background and letβs work together to turn it into next unicorn.
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Thank you @CNBC and @katietarasov for the interview on how transformers work and why the world needs User-Owned AI! . We need to ensure that the power of intelligence is open and owned by everyone.
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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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Soon there will be no bear, no bull, just AI.
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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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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 canβt 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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Itβs 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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Today marks 4 years of @NEARProtocol MainNet!. This has been the best year of NEAR yet thanks to every ecosystem memberβs hard work towards the vision: to ensure that all people can control their own assets, data, and power of choice. Thank you to everyone across consumer apps,.
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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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Open Source AI Summit SF is underway with a full house β @VitalikButerin & I kicked off with a fireside chat on AI safety and alignment.
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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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Happy Thanksgiving π¦.
Happy Thanksgiving! π¦ We are grateful for health, love, and life. Sending buckets of love to our friends π
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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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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 NEARβs 1st year as permissionless network.
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Welcome Open Agents Alliance!. Mission: The Open Agent Alliance is a shared commitment to make the future of AI agents and assistants open, user-owned, and globally available to all while fairly rewarding its builders. Initial members are all contributing toward a single
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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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We have launched DAO to collect funds for humanitarian purposes: evacuation, food, shelter, and other support.
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District I grew up inβ¦. What for?
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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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I'm excited to speak at NVIDIA GTC again this year! . I'll present @near_ai research on confidential & verifiable AI computation (using NVIDIA Confidential Computing) from a paper publishing next week. Details at @NVIDIAGTC:
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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! . Hereβs what makes @NEARProtocol the most accessible protocol for developers and users: simple, scalable, secure, sustainable. π .
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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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I always forget in crypto we are suppose to announce the announcement instead of just shipping working products.
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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 π are you even in NEAR ecosystem? Follow ppl who reply π
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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.
π₯ HOT has passed 1,000,000 miners!.Within 12 hours a new way of mining will be opened - mining with community in villages! π
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A proper TEE cloud will provide verifiability, privacy and liveness guarantees for all your AI agents. Nothing else does have these properties. @near_ai is building this with @PhalaNetwork.
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@VitalikButerin @KremlinRussia ΠΡΠ±Π°Ρ Π²ΠΎΠΉΠ½Π° ΡΠΎΠ»ΡΠΊΠΎ ΠΏΡΠΈΠ½ΠΎΡΠΈΡ Π²ΡΠ΅Π΄. Π ΡΡΠΎΠΌ ΡΠ»ΡΡΠ°Π΅ ΡΡΠΎ Π΅ΡΠ΅ ΠΈ ΡΠΈΡΡΠ°ΡΠΈΡ Π±ΡΠ°Ρ Π½Π° Π±ΡΠ°ΡΠ°, ΡΠ°ΠΊ ΠΊΠ°ΠΊ ΠΌΠ½ΠΎΠ³ΠΈΠ΅ ΡΠ΅ΠΌΡΠΈ ΠΈΠΌΠ΅ΡΡ ΡΠΎΠ΄ΡΡΠ²Π΅Π½Π½ΠΈΠΊΠΎΠ² ΠΏΠΎ ΡΠ°Π·Π½ΡΠ΅ ΡΡΠΎΡΠΎΠ½Ρ Π³ΡΠ°Π½ΠΈΡΡ.
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Thanks @JasonYanowitz & @santiagoroel for having me!. For anyone wanting to learn more about @NEARProtocol this week π this is a great place to start β 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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ICYMI, @NEARProtocol just launched 600ms blocktime and 1.2s finality. Some use cases unlocked by lightning-fast finality:. βHigh-frequency DeFi loops: delta-neutral rebalancing, cross-CEX/DEX arbitrage, oracle-free perps. Every leg can be closed and collateral recycled 5x per.
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Happy New Year and Holidays everyone!. 2022 has been a crazy year, letβs recap and sneak preview of 2023!
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Example why we need decentralized social. Centralized server => not your account
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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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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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NEAR AI is working towards User-Owned AGI in 3 phases:. - Teaching machines to code: AI Developer. - Use AI Developer to teach machines to do research: AI Researcher. - Use AI Researcher to advance science towards AGI that is owned by all.
In 2017, NEAR AI set out with a vision to teach machines to code. Today, we are back under @ilblackdragon and @AlexSkidanov leadership with a focus to teach AI to build Web3 applications and accelerating the vision of User Ownership. More details: and π§΅.
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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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Iβve 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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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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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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Today I presented Decentralized Confidential Machine Learning from @near_ai at @NVIDIAGTC β a system for creating & deploying confidential, verifiable LLMs and agents that enables monetization of open source models and decentralized training.
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Nightshade 2.0 is live on @NEARProtocol's Mainnet!. Introducing stateless validation and performance improvements to NEAR sharding, this is the biggest protocol upgrade since mainnet launched in 2020 β a major milestone unlocking even greater scalability and setting NEAR's.
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Set of blockchain steps that @DOGE should adopt immediately:. - move all government contracts / payments onchain. - add ability for anyone to comment on these contracts in decentralized way with ZK proof of US citizenship. - run all government RFP/grant processes as auctions.
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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 itβs becoming a reality.
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Itβs 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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Sometimes I forget that not everyone knows all the details and differences of how NEAR has launched from literally everyone else. Just quick recap π§΅.
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Chain Abstraction and User Owned AI is the fork in the road we should be choosing and Iβm 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.β’ NEAR = Chain Abstraction.β’ NEAR tech to bring users to ALL chains.β’ @ilblackdragon is the π of AI. π§΅my top clips. Illia's thoughts on AIπ€―
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8m tx/day with avg tx fee 0.000412 NEAR
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Hardware wallets are there to protect you from attacks on your computer. The challenge is that most blockchain use completely incomprehensible representation of signing info. And in turn everyone uses Blind Signing, loosing most of value of the screen. Not on NEAR.
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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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