Newsletters/Edition # 154

NEWSLETTER Edition #154

A weekly update on everything that moves NEAR Protocol
 Nº 154 ·  MON  Apr 1, 2024

 

 

GM NEAR community (⋈),
 

Imagine using a single account to seamlessly sign transactions on any blockchain, from Bitcoin to Ethereum and beyond, similar to how you would use a universal remote control for multiple devices. This future-forward functionality is now a reality with the launch of Chain Signatures on the NEAR Protocol.
 

In a defining announcement at BUIDL Asia Illia Polosukhin unveiled Chain Signatures, a revolutionary feature for Web3 only possible with NEAR Protocol. This cutting-edge technology leverages a decentralized Multi-Party Computation (MPC) network, secured via NEAR staking and EigenLayer ETH restakers, to enable NEAR accounts, including smart contracts, to sign transactions across any blockchain.

--> Dive into the Chain Signatures announcement here

Chain Signatures currently supports transactions on major blockchains including Bitcoin, Ethereum, Cosmos, DogeCoin, XRP Ledger, and soon, Solana, TON Network, Polkadot, among others.

Chain Signatures is enabling NEAR's Chain Abstracted vision for Web3: A viable and interconnected multichain ecosystem without boundaries.

--> Dive into NEAR's Chain Abstraction vision here
 

Chain Signatures enhances DeFi adoption by broadening the scope of use cases and simplifying transactions across non-smart contract chains. Accompanying this is the launch of the Multichain Gas Relayer, which eliminates the need for native gas tokens on other chains for transactions.

--> Dive into into Multichain Gas Relayer here

--> Dive into Chain Signatures for DeFi here

This recent NEAR development opens up unprecedented opportunities for app developers and Web3 builders to create accessible, inclusive, and interconnected digital asset experiences. LFG!
 

-------------------------------------------------------------
 

Want to be a CHAD (Chain Abstraction Developer)? 
Get started with these resources: Documentation - Code samples - Explainer videos

Projects interested in implementing the technology, or that require support to do so, can take their first steps - here

To discuss, stay up-to-date, always in the know, and have Chain Abstraction on the go, join the Chain Abstraction Telegram chat

 

 

Stay NEAR,
Mr. News

 

TOP NEWS

LiNEAR PROTOCOL TO ENHANCE NEAR'S SECURITY WITH OMNICHAIN LIQUID STAKING
LiNEAR Protocol is launching omnichain liquid staking to strengthen NEAR's chain-agnostic vision by reinforcing base layer alignment, existing security mechanisms, and capital efficiency. This move bolsters network security and decentralization. LiNEAR's solution could potentially secure other Chain Abstraction infrastructures in the future. READ


$BLACKDRAGON & $NEKO LISTING ON MEXC SOON


ILLIA POLOSUKHIN AND VITALIK BUTHERIN TALK AI AND CRYPTO AT BUIDL ASIA 2024
The NEAR co-founder and Ethereum founder shared the stage in a one-on-one fireside chat around what is fact and what is fiction when it comes to AI and crypto in general. The chat begins at the 7:00 mark and ends at 37:40. WATCH


NEAR WELCOMES EDGE VIDEO, AN AI-POWERED TV PLATFORM
From AI powered interactive streaming with Edge to full fledged user owned AI, they'll all call NEAR their home. READ


EASTBLUE DEMOS CHAIN SIGNATURES LIVE AT BUIDL WEEK SEOUL
The Bitcoin L2 platform showcased the power of NEAR's Chain Signatures with a live testnet transaction of $BTC and Ordinals being signed on Bitcoin from a NEAR account. WATCH


CALIMERO NETWORK TEASES NEW CHAIN ABSTRACTION-POWERED PRIVACY SOLUTION WATCH


ILLIA POLOSUKHIN TALKS RPCs W/ LAVA NETWORK'S GIL BINDER ON LATEST NEAR WHITEBOARD SERIES
A deep dive into the intricacies of Lava's modular data access layer technology. WATCH


PROJECTS AROUND NEAR ECOSYSTEM KICK OFF CHAIN ABSTRACTION ADOPTION
This roundup Twitter/X thread by Jared (ShardDog/RLO) highlights the projects already implementing NEAR's recently launched Chain Signatures technology, including Sweat Economy, East Blue, MintBase and LiNEAR Protocol. READ


NEAR HORIZON ANNOUNCES HZN3
Slated to commence on May 20, the program is an 8-week equity free accelerator that provides diverse and multiple levels of support to early-stage Web3 projects. APPLY


DEVELOPERS - POWERED BY NEAR DEV HUB


DEVHUB ANNOUNCES ETH SEOUL BOUNTY WINNERS
DeFiBrain won the Chain Signatures track with a eFi investment AI assistant, while Connor AI, an AI automating the execution of DAO processes, scored the NEAR DevHub bounty. READ


DEVHUB CONTINUES DIGESTIBLE CHAIN ABSTRACTION SERIES W/ EXPLAINER VIDEOS AND SAMPLE CODE
The series includes snippets of relatable explainer videos on the fundamentals of Chain Abstraction. The series also features articles, sample code, and much more. EXPLORE


DEVHUB ANNOUNCES ETH LONDON BOUNTY WINNERS
Re:public's CI/CD automation kit for smart contract development earns first prize, while NEAR to London won the NEAR Horizon bounty with an NFT minting platform on NEAR that leverages Farcaster frames. READ


NEAR-SDK-RS 5.1.0 LAUNCHES READ


DEVHUB SPACES : HOW HACKEN ENHANCES WASM PROTOCOL SECURITY ON NEAR
The Space agenda highlights an introduction and a deep dive into Hacken's Wasmcov, and its tailored offering as a code coverage tool for Wasm. READ


USEFUL DEVELOPER RESOURCES

  • NEAR DEVS TG GROUP. LINK
  • NEAR PROTOCOL DOCS. LINK
  • NEAR PROTOCOL GITHUB. LINK
  • DATA AVAILABILITY ON NEAR. LINK
  • WEEKLY PROGRESS & TECH UPDATES. LINK
  • JUTSU: FULL-STACK AI WEB 3.0 COPILOT. LINK

DEFI & WALLETS - POWERED BY PROXIMITY

PROXIMITY LABS LAUNCHES SUPPORT FOR DEFI PROJECTS LEVERAGING CHAIN SIGNATURES
The call is open to all and any projects looking to build cross-chain DeFi applications, using Chain Signatures. Just launched on NEAR, Chain Signatures installs itself as a DeFi primitive for a whole new suite of DeFi dApps, including native cross-chain RFQ, bridgeless cross-chain lending, and much more. READ


A ZOOM IN ON THE LATEST DEFI DEVELOPMENTS AROUND NEAR
This comprehensive thread by ve$RUST (Proximity Labs) summarises the most noteworthy upticks in terms of DeFi fundamentals around the NEAR ecosystem, including increasing TVL, new all-time highs, increasing trading volumes, and much more. READ


EASTBLUE : SOLVING THE CONSUMER APP CHALLENGE ON BITCOIN
Put together by NEARWEEK, this article explores Bitcoin's need for consumer apps, and how East Blue, an L2 building on NEAR, is poised to deliver via its Account Vault Model (AVM) an entirely new paradigm. READ


DAPDAP COMPLETES SHUSHFI INTEGRATION
Shush's decentralized front-end is now live on DapDap, enabling users to send, swap, and bridge tokens cross-chain. READ


ORDERLY NETWORK LAUNCHES "THE ROAD TO THE ORDER CAMPAIGN", ANNOUNCES TOKEN AIRDROP
The gamified campaign will allow traders to earn "merits" and compete for a share of Orderly's native token. Additionally, Orderly has identified 4 groups of users (First Light Riders) who are initially eligible for the token airdrop. The campaign's multi-epoch structure suggests sustained engagement and could set a precedent for future DeFi loyalty programs. READ


COINEX LISTS $LONK
Following the memecoin surge on NEAR, CoinEX has moved to list Lonk token $LONK, starting March 28. The listing will opened with a $LONK/USDT pair. READ


BLACKDRAGON x DRAGONBOT
One of the leading memecoins on NEAR, BlackDragon has partnered with further with non-custodial trading bot, DragonBot, pledging to allocate 20% of its trading fees to buying back and burning $BLACKDRAGON. READ


RAINBOW BRIDGE HITS $30+M IN CUMULTATIVE VOLUME SINCE THE BEGINNING OF THE YEAR
Tracking from January 2024, reveals 7.6 thousand transactions for 2.2 thousand unique users, including a new all-time daily high of 3.8M USD in March 2024. READ


REF WEEKLY DEFI RECAP READ

ECOSYSTEM & COMMUNITY

THE ECOSYSTEM CALENDAR


SHITZU APES NFT LAUNCHING EXCLUSIVELY ON BODEGA
The limited NFT collection honours one of the oldest and largest communities in the NEAR ecosystem, and will begin minting on Monday 1st April at 3PM UTC. READ


THE FUTURE OF REAL WORLD ASSETS AND TOKENIZATION
Open Forest Protocol put together a lineup of major actors in the Real World Assets (RWA) space, including Ecosapiens, Plastiks, and RWA World, to breakdown the concept, as it continues to gather momentum around Web3. LISTEN


DELTABOT'S DELTADISK NFTs GO LIVE ON MITTE
The NFTs will enable special privileges on DeltaBot once it officially launches. The decentralized grid trading bot platform built on NEAR continues to fine tune towards mainnet. READ


UNLOCKING A CHAIN ABSTRACTED FUTURE W/ NEAR AND LINEAR
Gate Live hosted Illia Polosukhin (NEAR), Amos Zhang (MetaWeb), and Stanley He (LiNEAR), on its most recent Space on Twitter/X. The discussion revolved around NEAR's Chain Abstraction vision and security. LISTEN


AURORA WEEKLY UPDATES 2024-03-29 WATCH


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

IN OTHER NEWS
WEEK IN ETHEREUM & BEYOND

Dive into the Open Web! IN OTHER NEWS proudly collates an assortment of hand-picked headlines from around Web3, just for you.

VITALIK : WHERE DOES ETHEREUM GO, AFTER BLOBS READ


SAM BANKMAN-FRIED SENTENCED TO 25 YEARS IN PRISON READ


BLOBSTREAM NOW LIVE ON BASE MAINNET READ


SOLANA PROPOSES SOLUTIONS TO THE OFFENSIVE MEME COIN PROBLEM READ

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NEAR PROTOCOL ECOSYSTEM