Newsletters/Edition # 156

NEWSLETTER Edition #156

A weekly update on everything that moves NEAR Protocol

 Nº 156 · Tue 16 Apr, 2024

 

GM NEAR community (⋈),
 

Last week was all about Funding The Commons in San Francisco, where NEAR co-founder Alex Skidanov delivered a rousing keynote on the leverage of AI in powering the internet of tomorrow. Full details of the keynote will be published as soon as available. 

In the meantime, for all builders interested in AI, and leveraging it in blockchain and Web3, NEAR Foundation is funding an AI Public Goods pot on Potlock. Applications close in 7 days. - Apply here.

In this week's issue, we also spotlight major developments and strategic initiatives aimed at enhancing NEAR Protocol's infrastructure and performance. Discover the launch of NF's new Infrastructure Committee and all the good stuff FAST NEAR been cooking lately. LFG!


Stay NEAR,
Mr. News


Pssst don't miss all the alpha from our weekly alpha thread.

TOP NEWS

NEAR ACTIVITY CONTINUE SOARING (4 min read)
Last week, NEAR's transactions was more than the total of all L2s combined. Masi takes a deep dive into the analytics and numbers. READ

SWELL COMMITS $500M RESTAKED ETH TO SECURE NEAR'S SUPER FAST FINALITY LAYER (7 min)
NEAR's Super Fast Finality Layer is being built in collab w/ EigenLayer, and will dramatically reduce transaction times and cost for Ethereum Layer 2s. Ethereum alignment game absolutely on point. READ

ILLIA POLOSUKHIN @ TOKEN 2049 (1 min read)
NEAR co-founder will take the stage in Dubai to deliver a keynote on "The Case for user-owned AI", before joining a panel on AIxWeb3: "Pioneering Decentralized Intelligence". The two-day event begins on April 18. READ

META POOL ANNOUNCES META<>MPDAO MIGRATION DATE and PROCEDURE (1 min read)
The migration will involve transitioning the $META token to $mpDAO. Beginning on April 15, $META holders will be required to sign the migration of their tokens to ensure they are not lost. WATCH

NEAR FOUNDATION LAUNCHES INFRASTRUCTURE COMMITTEE, BACKED BY $4M IN FUNDING (3 min read)
The initiative aims to improve key infrastructure components like RPC nodes and wallets, ensuring a robust and efficient blockchain network. The committee consists of ecosystem leaders and NEAR partners from across core NEAR orgs. So far, the committee has successfully funded five proposals within the ecosystem, including Jutsu IDE, FastNEAR, an audit of Ledger integration, a treasury app for governing committees, and more. READ

NVIDIA GTC 2024 TRANSFORMING AI PANEL
Full video of transforming AI panel w/ Illia Polosukhin is now available on YouTube (53 min) WATCH

REFLEXIVITY RESEARCH REPORT ON NEAR (13 min read)
Starting from Q4 2023, Reflexivity Research details the developments and that have led NEAR to start 2024 on an even higher note, including chain modularity, Data Availability, Account Aggregation, zkWASM, and much more. READ

COINDESK : NEAR TO HIRE AI ENGINEERS TO KICK OFF AI ROADMAP IMPLEMENTATION (1 min read)
In a bid to fast track its delivery of user-owned AI within the next 3-6 months, and push the intersection between AI and blockchain, NEAR Foundation is currently prioritizing the onboarding of AI engineers. READ

DEVELOPERS - POWERED BY NEAR DEV HUB

PUSHING THE LIMITS OF NEAR (1 min read)
Evegeny Kuzyakov recently tested the capabilities of the NEAR blockchain achieving a remarkable result: 1400 receipts per second including 500 function calls per second on mainnet. Scalability is increasing with each day that passes. READ

FASTNEAR SHIPS FREE RPC ENDPOINT FOR NEAR PROTOCOL MAINNET EXPLORE

NEARCORE V. 1.39.0 RELEASED (1 min read)
This new release promises faster rpc and reduced base cost of function calls, which could lead to an estimate 2x reduction in tx cost and 2x boost in throughput. READ

NEAR DEVHUB KICKS OFF DEVHUB LIVE SERIES (95 min)
The weekly series will host guests to demo code reviews, deep dive on the latest dev news, teach concepts and talk everything development. Stream will be live on X/Twitter, YouTube, and Twitch. WATCH

NEAR DEVHUB ANNOUNCES CONTRACT STANDARDS WG CALL #5 (1 min)
NEP 330 will be the main focus of the call, as the assembly makes a final decision on the proposal. NEP 330 will introduce build details to contract metadata. READ

FASTNEAR ANNOUNCES NEW NEAR DATA SERVER. (2 min read)
A free data indexing alternative to the existing NEAR Lake framework, FastNear's data server provides endpoints that get the latest finalized block, and get indexed block with data for all shards for a given block height (in json). READ

BANYAN COLLECTIVE ANNOUNCES ALEM, A SOLUTION FOR FASTER PAGE LOADING ON B.O.S (2 min)
Built in JavaScript and TypeScript, Além is a library that enables builders to leverage the full potential of JSX to seamlessly create Web3 apps on B.O.S. Além is built by @wpdas. READ

NEAR FOUNDER COPILOT V2 DELIVERS NEW FEATURES (1 min read)
The chatbot assistant for builders on NEAR, has upgraded to V2, with new features including agentic search, generative UI and access to the internet for real-time data. NEAR Founder co-pilot is built by Jarrod Barnes. READ

USEFUL NEAR DEVELOPER RESOURCES

  • NEAR DEVS TG GROUP. LINK
  • NEAR PROTOCOL DOCS. LINK
  • NEAR PROTOCOL GITHUB. LINK
  • DATA AVAILABILITY ON NEAR. LINK
  • CHAIN SIGNATURES ON NEAR. LINK
  • JUTSU: FULL STACK AI WEB3 COPILOT. LINK
  • WEEKLY PROTOCOL & DEV PROGRESS. LINK

DEFI & WALLETS - POWERED BY PROXIMITY

PROXIMITY LABS IS SUPPORTING DEFI PROJECTS LEVERAGING CHAIN SIGNATURES
Built on NEAR, Chain Signatures is a novel DeFi primitive for a whole new suite of cross-chain DeFi applications, including native cross-chain RFQ, bridgeless cross-chain lending, and much more. APPLY

EAST BLUE : SOLVING BITCOIN'S CONSUMER APP CHALLENGE (7 min read)
Put together by the NEARWEEK team, this article extensively covers East Blue's value proposition and how it is leveraging a new paradigm to enable consumer apps on bitcoin. READ

NEW ALL TIME HIGH TVL (1 min read)
NEAR Protocol TVL has passed that of previous bull market. Making DeFi great again is NEAR. READ

DAPDAP LAUNCHES ODYSSEY VOL. 3, THE SCROLL EXPEDITION (3 min read)
Following a recent partnership with Scroll ZKP, DapDap has launched volum 3 of their Odyssey series in honour of the partnership. Users can now explore the Scroll universe via DapDap's gamified onboarding experience and win rewards. READ

HERE WALLET: BLACKDRAGON AIRDROP (1min read)
$BLACKDRAGON tokens are awarded randomly for those who trade $NEAR - $USMeme. READ

BURROW ANNOUNCES SOLUTION FOR TOKEN RISK ASSESSMENT AND MANAGING COLLATERAL (1 min read)
The solution enables users to better assess risk of tokens they are interested in and calibrate appropriate collateral factors, to avoid losses. READ

ECOSYSTEM & COMMUNITY

THE ECOSYSTEM CALENDAR

AURORA LABS PUBLISHES E-BOOK ON WEB3 GAMING
The free downloadable volume covers the potential and varied possibilities game builders can uncover in Web3. READ

OFP FOREST JOURNAL #25 : HOW OLD GROWTH FORESTS PROTECT THEMSELVES FROM FIRE (2 min) WATCH

BLACKDRAGON LAUNCHES $1K MEME CONTEST (1 min read)
The path to winning is simple, create an original meme from any of the $BLACKDRAGON stickers or GiFs, post in the comments, retweet, and stand a chance to win. READ

HOT DAO BURNS 4.8M HOT (1 min read)
The DAO also allocated 95% of mined HOT to be distributed to the community. READ

AURORA WEEKLY UPDATES 2024-04-12 READ


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

ECOSYSTEM & COMMUNITY

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


UNISWAP SUED BY SEC READ

ETHEREUM APPROVES EIP-3074, ENABLING EXTERNALLY-OWNED ACCOUNTS TO ACT AS SMART CONTRACT WALLETS READ

EIGENLAYER ANNOUNCES AVS LAUNCH READ

SOLANA ROLLS OUT UPDATE TO STABILIZE CONGESTION READ

JOBS

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