Newsletters/Edition # 143

NEWSLETTER Edition #143

A weekly update on everything that moves NEAR Protocol
 Nº 143 ·  MON 15 Jan, 2024

 

 

Hello NEAR community (⋈),
 

 

We open this week's newsletter with an important update from NEAR Foundation as it embraces a tough yet pivotal phase of transformation.

Following a comprehensive review of its operations, NEAR Foundation is reducing its current team by 40%, primarily in marketing, business development, and community. The protocol engineering team remains unaffected. The Foundation's strong treasury (still over $1B) ensures continued support for the NEAR Protocol's growth. Additionally, NEAR Foundation is committed to supporting the affected colleagues find new opportunities in, around and beyond the ecosystem, while expressing appreciation for their dedication and valued contributions.

The full communiqué from NEAR Foundation CEO, Illia Polosukhin, is available here.

To all those affected by the internal change, we at NEARWEEK thank you for being an integral part of NEAR's journey, and as you transition to new ventures, we offer our best wishes.


 

 

Speak soon,
Mr. News

TOP NEWS

NEAR PROTOCOL : TESTNET FOR PHASE TWO SHARDING IMMINENT
This next phase will introduce stateless validation and more shards to significantly reduce node requirements, boost validator inclusivity, leading to a leap in shard performance and overall network scalability. LINK



NEAR x MMA+ : MMA FAN ENGAGEMENT NOW LIVES ON-CHAIN
UFC Hall of Famer, Urijah Faber, has partnered with NEAR to launch a blockchain-powered fan engagement platform packed with personalised interactive features and much more. LINK



NEAR PROTOCOL : PUBLISHES ROADMAP UPDATE
The update rounds up 2023 achievements like meta transactions, zero-balance accounts, flat storage, etc, and projects into the protocol's planned deliverables for 2024, which include ethereum wallet support, zkWASM, stateless validation, account aggregation and more. LINK



ILLIA POLOSUKHIN : SPEAKS ON THE AGE OF AI AT CFC 2024
On stage in St. Moritz, NEAR co-founder, Illia Polosukhin, delivered a keynote on the three steps to AI and Web3 convergence, citing chain abstraction, edge intelligence and AI governance. LINK



ILLIA POLOSUKHIN : TEASES NEAR CHAIN ABSTRACTION STACK
Featuring a scalable integrated blockchain supporting over 1 billion daily users, account aggregation for cross-chain transactions, a versatile data layer, intent relayers for complex cross-chain operations, and more, for unified app experiences and seamless web3 navigation. LINK

DEVELOPERS - POWERED BY NEAR DEV HUB

NEAR DEVHUB : RECAPS PROTOCOL WORKING GROUP CALL #7
The focus of the assembly was the approval of NEP-488, which introduces runtime functions that could significantly improve network security and cross-chain compatibility. LINK



BANYAN COLLECTIVE : $2K PAGODA-SPONSORED BOUNTY FOR CHAIN SIGNATURES IMPLEMENTATION
This special bounty will reward developers for innovative implementations of chain signatures, a crucial cryptographic primitive for secure multi-party computation and account aggregation. LINK



NEAR DEVHUB : LAUNCHES JANUARY CODING CHALLENGE, REWARDS INCLUDE A DEVELOPER BADGE
Developers are challenged to build a tool that identifies scam tokens in NEAR wallets, enables users to safely unregister the tokens from their wallets and recover their storage space. LINK



NEAR DEVHUB : LAUNCHES A NEW RUST CHALLENGE
Participants are required to find errors within a Rust smart contract and rewrite the code. They can leverage DevHub's office hours for more context, or submit their snippets via a DevHub-run B.O.S component. LINK



NEAR DEVHUB : HOSTS DECEMBER CODE CHALLENGE REVIEW ON X
DevHub DevRels hosted participants from their December code challenge, reviewing the various submissions and talking about the overall experience. LINK

DEFI & WALLETS - POWERED BY PROXIMITY

UNIFAT : AN INSCRIPTION LAUNCHPAD ROLLS OUT ON NEAR
The platform revolutionises inscription creation with a permissionless, decentralised approach, offering flexible minting and reduced network congestion. It features two inscription types: NRC20 for trading and NRC161, a unique NRC20-NEP141 hybrid that allows wrapping into NEP141 tokens. LINK



HERE WALLET : WEB VERSION WITH LEDGER AND METAMASK INTEGRATION IMMINENT
The integrations and web wallet will introduce Metamask snaps, enabling users to access and explore NEAR directly via Metamask. LINK



DRAGONBOT : A NON-CUSTODIAL TELEGRAM TRADING BOT LAUNCHES ON NEAR
Offering a DEX-like experience, Dragonbot enables users to now directly trade on Ref Finance from within Telegram. The bot builds off NEAR's chain abstraction vision and unique tech stack to deliver cutting edge security and user experience. LINK



NEAT : UNWRAP FEATURE GOES LIVE
NEP-141 $NEAT holders can now seamlessly convert their tokens to NRC-20 based tokens. LINK



AURONEAT : LAUNCHES $ANEAT, FIRST INSCRIPTION ON AURORA
The platform is the first-ever inscription launchpad on Aurora, simultaneously introducing the first inscription token, $ANEAT, on the network. LINK



PIKESPEAK : PUBLISHES ACTIVITY DATA ON MEMECOINS AROUND THE ECOSYSTEM
The comprehensive analysis crunches the numbers underlining the impact of Blackdragon, Lonk and Shitzu on NEAR. It zooms in on holders, the correlation between holders and on-chain activity, and much more . LINK

ECOSYSTEM & COMMUNITY

ILLIA POLOSUKHIN : JOINS EPICENTER PODCAST, TALKS NEAR, AI, SHARDING AND MORE
The NEAR co-founder was hosted by the Epicenter podcast, where he talked about NEAR's nightshade sharding, modularity and chain abstraction, tackling the scalability trilemma and more. LINK



MARKETING DAO : REITERATES SUPPORT TO FOUNDERS IN THE ECOSYSTEM
In an open call to founders in the ecosystem, the DAO invited them to take advantage of its various funding avenues. LINK



NEKO MORNING SHOW : HOSTS BLOCKCHAIN BOY IN LATEST EPISODE LINK



AURORA WEEKLY UPDATES 2024-01-12 LINK



NEKO : $125K FUND FOR NEAR CONTENT CREATORS
Empowering NEAR-native content creators and their vital role in ecosystem growth: Explore, apply, contribute. LINK

IN OTHER NEWS
WEEK IN ETHEREUM & BEYOND

Dive into the Open Web! 'In Other News' proudly collates a carefully selected assortment of headlines from external Web3 platforms, curated just for you.

SEC OFFICIALLY APPROVES SPOT BITCOIN EFT LINK


CIRCLE FILES FOR IPO IN THE US LINK


VITALIK ENDORSES RAISING ETHEREUM GAS BY 33% TO IMPROVE NETWORK CAPACITY LINK


X REMOVES SUPPORT FOR NFT PROFILE PICTURES LINK


BASE PUBLISHES 2024 ROADMAP LINK


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