1/@NEARProtocol has been meticulously shipping with Shards 5/6, Chain Abstraction, Data Availability (👀 more on this later) & @near_ai
Meanwhile, no one is talking about how NEAR's DeFi TVL has grown 212% YTD (normalized for $NEAR growth)
What's going on? Let's dive in 👇🏽
Another great AI office hours with @FractionAI_xyz@questflow Memento:
- a bit more on @near_ai
- new business models with AI
- emotions of agents across toys and work
- onchain format for agents that supports ownership and context
- decentralized RAG
And more!
The dawn of User-Owned AI is here.
A world where new economies, innovation, and creativity thrive.
A world where tech works for you, with you, not in the interests of profit or its creators.
A world where AI is truly open, not closed.
https://t.co/X3fnuunrQt
We are proud to announce the creation of two new single-asset crypto investment trusts, available through private placement: Grayscale® Near Trust ($NEAR) and Grayscale® Stacks Trust ($STX).
Read more in our press release: https://t.co/Ve8RCQyKmh
1/3
🤖The end-game of Web3 fragmentation - @NEARProtocol
🤖The AI market is expected to reach ~$2,575B by 2032 (from ~$454B in 2022) and NEAR’s infrastructure is set to connect that growth to blockchain
🤖Learn more with the 1-pager here 👇🏼
Infrastructure funding goes brrrrr...
NEAR Foundation Launches Infrastructure Committee with $4 Million in Funding.
RPC nodes, relayers, indexers, bridges, wallets, load balancers, oracles, and more, are all set to be improved across the NEAR ecosystem:
https://t.co/fDnznY9QGz
The NEAR Ecosystem is headed to @token2049, Dubai, this month 🎉
The Black Dragon himself will land in the Desert to talk AI x Web3, whilst the NEAR ecosystem comes out in full force for speaking engagements, events, and more!
All you need to know:
https://t.co/qRh7gXLQLQ
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 this as well - yesterday getting to 11m transactions a day by 2m daily active users.
Now, there has been congestion on one of the shards, and Protocol Team has been working on optimizations non stop and rolling out more on Monday to address that.
More importantly stateless validation that expected to improve 5x throughput for each shard and ability to grow number of shards and should be landing at end of Q2.
We see validation of NEAR’s sharding thesis across the whole space - every non sharded chain/rollup are getting filled with transactions and need to grow fees, while NEAR was able to expand capacity by adding more shards and keeping fees stable.
Also @hotdao_ is an example of app that is quickly outgrowing even a single shard (chain/rollup) - and potentially can be first sharded application.
There is a ton of work happening across protocol and ecosystem to continue making the infrastructure seamless for users and developers and keep the Chain Abstracted.
So let's celebrate their efforts as we are onboarding more users into web3! 🐉🔥
Learn how @LinearProtocol could secure NEAR's Chain Abstracted world with omnichain liquid restaking.
Chain Abstraction: one block at a time.
https://t.co/jyod1NHkoW
If you're in South Korea for @eth_seoul_ and/or @buidl_asia AND you want to learn more about Chain Abstraction and how it's paving the future for Web3, you better sign up!
Last chance. It kicks off tomorrow.
Don't miss it.
https://t.co/WxtNhj6jyC
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: https://t.co/z934h4oOFT
How do we solve fragmentation?
Chain Abstraction.
How do we solve fractured and sub par user experiences in Web3?
Chain Abstraction.
How can we get this intern a gf?
Chain.
Ab.
Straction.
(pls)