June 01, 2024

NEAR’s Vision for Chain Abstraction

46 minutes

Kendall Cole is the Founder of Proximity Labs, a research and development firm focused on NEAR Protocol.

In this episode, we cover NEAR's vision for chain abstraction. Kendall breaks down how chain abstraction will enable users to enjoy DeFi and Web3 without knowing what chain they’re on and why Near is uniquely placed to solve this.

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Timestamps

0:00 - Intro

5:02 - Kendall's background

7:41 - Proximity Labs and NEAR

8:52 - What is chain abstraction?

11:43 - Why might NEAR solve this?

14:07 - What is sharding?

17:15 - Chain signatures

21:58 - What can be built with chain abstraction?

26:13 - Chain abstraction vs interoperability protocols

28:28 - When will users enjoy chain abstraction?

30:24 - Chain abstraction wallets on NEAR

32:10 - Blueberry mid-roll

32:38 - Value accrual to NEAR

34:58 - State of NEAR dApp growth

37:59 - Popular NEAR dApps

39:59 - NEAR fast finality layer

42:20 - Collaboration with EigenLayer

44:19 - Closing

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🔗 Guest Links 🔗

► Proximity Labs Website: https://www.proximity.dev/

► NEAR Protocol Website: https://near.org/

► Proximity on Twitter: https://x.com/proximityfi

► Kendall on Twitter: https://x.com/kendaIIc

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If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

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