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Fast and Easy to use Blockchain with Peter DePaulo from NEAR Protocol
Today we’re talking with Peter DePaulo from NEAR protocol. Peter was working on a collective in Santa Cruz when Ethereum first launched. People started talking about DAO’s and Peter was very interested. He decided to go his separate way and got involved in Ethereum in 2016. He ended up leaving because he was frustrated by people wanting to run ICO’s. Then the market crashed. That was when a friend pulled him into NEAR. Peter describes NEAR as a fast and easy to use blockchain. He says it’s especially easy for developers. The last three years have been spent working on a developer tool stack that works really well. They integrate with Ethereum and act like a layer two. Fundamentally though they are fast like a layer one.
Peter says there should be a hack-a-thon coming up soon and that getting started is easy. To get started, it depends on which language you like. Peter says there are also a lot of templates you can use and that the team has put out a lot of examples. The least amount of time will be spent on the contract, with most of the time being spent writing the front end. Peter talks about how you can give access to an application and then delete the access keys, so you no longer have to sacrifice privacy for levels of convenience. He encourages those that are interested to check out NEAR protocol on YouTube. If you’d like to read more, there are the white papers you can do a deep dive on.
Currently, Peter says they can benchmark at a thousand transactions per second and while there are some physical limitations, there’s plenty of room to grow. Say you have a hundred thousand shards, that would be a hundred thousand transactions per second. Peter says he’s nervous at how fast they’re growing and that new accounts are growing exponentially. They’re just about to pass twelve million transactions. Right now their peak transactions are three hundred to five hundred per second, but they expect to at least double that by the end of the Summer.
Peter has an open inbox, [email protected], if you have an idea that you need to talk through. Or tweet him @potatodepaulo. Check out near.org or find them on discord. For examples of successful projects, check out skyward.finance, ref.finance, or NFT.hiphop.
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Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.
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By The DIVI Podcast
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Today we’re talking with Peter DePaulo from NEAR protocol. Peter was working on a collective in Santa Cruz when Ethereum first launched. People started talking about DAO’s and Peter was very interested. He decided to go his separate way and got involved in Ethereum in 2016. He ended up leaving because he was frustrated by people wanting to run ICO’s. Then the market crashed. That was when a friend pulled him into NEAR. Peter describes NEAR as a fast and easy to use blockchain. He says it’s especially easy for developers. The last three years have been spent working on a developer tool stack that works really well. They integrate with Ethereum and act like a layer two. Fundamentally though they are fast like a layer one.
Peter says there should be a hack-a-thon coming up soon and that getting started is easy. To get started, it depends on which language you like. Peter says there are also a lot of templates you can use and that the team has put out a lot of examples. The least amount of time will be spent on the contract, with most of the time being spent writing the front end. Peter talks about how you can give access to an application and then delete the access keys, so you no longer have to sacrifice privacy for levels of convenience. He encourages those that are interested to check out NEAR protocol on YouTube. If you’d like to read more, there are the white papers you can do a deep dive on.
Currently, Peter says they can benchmark at a thousand transactions per second and while there are some physical limitations, there’s plenty of room to grow. Say you have a hundred thousand shards, that would be a hundred thousand transactions per second. Peter says he’s nervous at how fast they’re growing and that new accounts are growing exponentially. They’re just about to pass twelve million transactions. Right now their peak transactions are three hundred to five hundred per second, but they expect to at least double that by the end of the Summer.
Peter has an open inbox, [email protected], if you have an idea that you need to talk through. Or tweet him @potatodepaulo. Check out near.org or find them on discord. For examples of successful projects, check out skyward.finance, ref.finance, or NFT.hiphop.
--
Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.