In this episode we talk with Peter Volnov (Co-founder & CEO of HERE Wallet) The HERE Wallet is a NEAR mobile wallet app that allows users to buy and sell coins, stake, and mine HOT.. The HOT Protocol is their technology layer that enables chain abstraction, allowing users to control accounts on different chains using a smart contract.

Peter Volnov: https://twitter.com/p_volnov

HERE Wallet: https://twitter.com/here_wallet

HERE Wallet website: https://www.herewallet.app/

HOT Protocol: https://twitter.com/hotdao_

Takeaways:

0:00 Introduction

0:52 - HERE wallet launch in 2022

2:15 - What HERE wallet in 2024 is coming to

3:55 - What is Chain Abstraction

4:45 - What is MPC wallet

5:25 - NEAR solves the problem of centralization

6:15 - Where did the decision to do your own protocol come from

6:50 - What is HOT Protocol

8:33 - WEB3 App Store in Telegram

9:50 - Browser extension announcement

10:30 - Not a super app, but an open source SDK

11:11 - NEAR NFT marketplace overtook Blur by amount of traders

11:25 - New applications on top of HOT Protocol

13:05 - Telegram wallet for EVM

13:49 - Chain Abstraction - next step for web3

14:23 - How many users have made a deposit during the HOT

14:50 - Open ecosystem

16:00 - Importance of applications and UX

16:50 - Comparing web2 and web3 and the tradeoffs between them

19:10 - Bridges and key ownership

21:18 - Seed phrases recovery

23:20 - Scam protection

24:47 - What kind of applications can be built on HOT Protocol

26:47 - Accounts Marketplace

29:00 - Wallet technology hasn't changed in years

30:53 - Seed phrase and Authentication

33:27 - Every transaction on HOT Protocol is a transaction on NEAR Protocol

34:18 - Worldcoin

36:21 - Plans for 3-6 months on on HOT Protocol

38:14 - Plans for 3-6 months on on HERE wallet and commissions in HOT

42:10 - We build MPC Protocol with open SDK

Hosted by:

Jared https://twitter.com/jarednotjerry1

Altan Tutar https://twitter.com/mraltantutar

Website: https://chainabstracted.com/

Connect with NEAR

Website: https://near.org/

Twitter: https://twitter.com/NEARProtocol

DISCLAIMER

The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  NEAR Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities