Topic: ✅Near Protocol News, Overview and Analysis✅ (Read 356 times)

You have chosen the right project in order to dilute your investment portfolio. I completely agree with you that the project is worthy of the attention of people who invest only in large currencies such as btc, eth, but completely ignore the development of the market because of the constant hype around these two currencies. It has long been clear that without such altcoins like Near, there will be no development of decentralized technologies, such projects are the engine of the cryptocurrency world today.

Check out the July training contest possibly win 100 NEAR (almost $200) It took be less than 2 minutes to fill out so there is no reason not to fill it out. Link 👇
https://medium.com/nearprotocol/july-price-prediction-contest-c1376705984d

I personally love NEAR. I stumbled on this project around 3 months ago when I decided to stop investing in only bitcoin, ethereum and shit coins. My mentality was play it safe with bitcoin and ethereum which will go up and hopefully I can get in and out of meme coins at the right time, this was obviously very stupid but this is the trap that many people are in. The more I got involved and learned about these projects the more I realized that crypto is the future and there are many top 10 projects that aren't top 10 right now because they don't have the hype yet. In a few years I believe NEAR will be top 10, there are just no other projects like it and it is ready for. mass adoption unlike most projects. Another thing other than the team and community that makes me bullish on NEAR is its backers.  NEAR is backed by top VC's like Coinbase and Pantera Capital just to name a couple. These are top tier Vc's that don't just invest in any project. I'd definitely recommend looking into NEAR and seeing whether or not you agree with me!!

I'm staking NEAR and participating in Skyward Finance IDOs. I'm looking forward to investing in Flux (oracles) and Octopus (appchains like Polkadot).

Reddit AMA Series is back with Ozymandius from 4nts Guild! Ask Ozy anything about NEAR community development, blockchain and reforestation, or aliens! Contest details in comments.


Ozymandius is the founder of 4NTS Guild, one of the first guilds operating in the NEAR ecosystem. With over a year of experience in the NEAR ecosystem, he is actively involved in a number of projects, and enjoys one of the best overviews of everything happening at NEAR. In parallel, he is a cofounder and protocol designer of the Open Planet Protocol, a blockchain forest restoration project poised to launch in quarter 2 of 2022.

P.S. Ozy is highy bullish on aliens and can't wait to bring them on to NEAR Protocol.

Link for your questions: https://airtable.com/shrXvbcAPOq8Sh2Hq

Announcement: https://www.reddit.com/r/nearprotocol/comments/okzugk/reddit_ama_series_is_back_with_ozymandius_from/

I haven't been to a NEAR Townhall meeting so far (I'm not counting Guilds Townhall) ~ From what I know, the Townhall is essentially an opportunity for the near core team and members from the community to interact in a more open forum. During the Townhall, more details would be shared about what's been happening in the near ecosystem behind the scenes (example ~ the 200M NEAR treasury DAO proposal) and what new projects and opportunities that are available for their community to participate in. That said, I'm excited to be attending my first near Townhall.

I read that the Townhall is held every 4 weeks on Mondays.

Townhall meeting, what is that? Is that a real hookup, tweetup a revelry party, a soiree, a bash of sorts? Im getting aroused and easily bent to attend that party whatever it is but my pubic features and genitals I prefer to keep out for people to see, and if thats a problem then u shoot me a message that I shall not attend. Shareholders meeting is one thing, and me going to that meeting is another. I will fuck up all of those brave enough to show up.

I hope everyone is looking forward to the NEAR community Townhall Meeting coming up on 12th July 2021? If you aren't, here's plenty of reasons why you should:

• Aurora Update
• Octopus Network Update
• Proximity Labs info
• And all-round ecosystem updates

NEAR Ecosystem projects like Aurora and Octopus are still in active development and it would be super interesting to learn about what's been happening behind the scenes since these are the red-hot projects on NEAR Protocol at the moment.

PS: Forgot to add ~ The time is 9AM PDT | 6PM CET | 12AM CST

Cypherpunk Holdings Inc., a leader in the privacy and encryption technology investment sector, became part of the project when they joined the Cypherpunk Guild of Cryptographers.



The chief economist and director of Cypherpunk Holdings explains this initiative by promoting and supporting the privacy infrastructure on the NEAR Protocol blockchain platform and beyond.



The main news is that the Cipherpunk Guild is fully sponsored from the budget of the NEAREST fund. Unlike other projects, the management of Near primarily promotes the idea of blockchain technology and focuses entirely on new technologies.



Thanks to the efforts of such well-known people and supporters of encryption, the Cipherpunk Guild has become one of the most famous and influential cryptographic communities in the world of cryptocurrencies.



You can read about the guild on their official Twitter account:



https://twitter.com/cypherpunkguild



Everyone can apply and become part of a strong community, as well as expect to be rewarded.


For a full list of guilds, see here.


https://nearguilds.com/

The Near Protocol ecosystem is so huge that it is very difficult for a beginner to understand and find all the projects that relate to Near Protocol.

I have compiled a list of links to most of the projects in the ecosystem. Use and learn!)

Official:

https://near.org/ - official website.

https://docs.near.org/docs/develop/basics/getting-started -documentation.

https://gov.near.org/ - governance forum.

https://explorer.near.org/ - NEAR Block Explorer.

https://near-staking.com/ - Staking Pools and Rewards Explorer.

https://aurora.dev/ - Aurora EVM.

https://near.academy / - NEAR Academy is an educational platform for novice WEB 3.0 developers from Near Protocol.

https://nearcrowd.com/ - NEAR Crowd perform easy tasks for a reward in NEAR.

Ecosystem:

https://app.ref.finance/ - NEAR swap.

https://paras.id/ - DAC marketplace for creators and collectors (NFT).

https://www.mintbase.io/ - NFT marketplace.

This is a small part of the Near Protocol ecosystem, the links will be replenished.

#opportunities

If you have always dreamed of studying blockchain development and web 3.0, then you have a great opportunity to learn this area of programming completely free of charge.

Near Protocol has launched its own educational platform for the release of web 3.0 for entry-level developers. With the help of the 101Labs project, a "Meme Museum" was created, which includes a huge amount of interactive material for studying web 3.0 development

The "Meme Museum" is part of the Near Academy and anyone can be trained with the help of special interactive programs. In Near Academy, a novice Web 3.0 developer can try their hand at developing dApps, NFT, and the NFT generator.

After completing the Near Academy course, each successful user will be issued a special certificate that allows them to confirm their knowledge in Web 3.0 development.

Official website: https://near.academy/

Moreover, after you complete the training in the Near Protocol ecosystem, you will be able to try your hand at one of the development guilds that I wrote about earlier.

For example, now you can join a very strong community of INC4 developers who have recently become part of Near Protocol. Entrepreneurs and developers will enjoy 80 hours of free support to achieve their goals.

INC4 official website: https://inc4.net/near-guild-team/

Of course, liquidity will come in the future. If we look at smaller Swaps, for example, JustSwap, which runs on Tron. Then we will see that the liquidity is gradually growing. I mean, the technology needs to get a large number of users. And provided that Near has a lower commission compared to Ethereum, that users will use it soon.

You're welcome. Even if Ledger live doesn't support NEAR yet, I'm sure an integration should be in the works already. Talking about Ref.finance, I think there's low liquidity because it hasn't been long it went live and a lot of features aren't available (yet) - the last time I checked, their team is focusing more on building the UI and improving the UX rather than marketing their dapp to get more users. In the near future, when Defi on Near protocol grows, I'm sure we won't see liquidity problems at that time. It won't be long now.

Thanks for that.
If Ledger live does not support this coin now, it means that the developers will add it to Ledger live over time.
It was the same with the polcadot.
I wanted to try swap at https://app.ref.finance/ but I was disappointed by the low liquidity of most tokens.

NEAR is also supported on Ledger wallet (https://docs.near.org/docs/tutorials/ledger) - The only downside is Ledger live isn't supported. Talking about dapps I've accessed on NEAR Ecosystem - I've used Mintbase and Paras.id recently. I used paras to purchase some NFT card and got to experience Mintbase after I got NFts drop. User experience on both dapps were top notch.

The difference between Near's L2 solution (called Aurora) and other L2 networks on Ethereum like Polygon (formerly MATIC), Binance smart chain and others, is that:
-1 Transaction fees are paid for using ETH, aurora devs mention they're makingit inclusive for the ethereum community.

-2 No need to change code to migrate dapps from ETH network to Aurora since it would come packed with its own EVM.

Aside this, it would feature other near features - Lightening fast transactions at super cheap tx fees ~ <$0.01

For polcadot and ethereum, I use a ledger wallet.
Ledger does not support Near.
What are you doing in the Near Ecosystem?
Do you interact with any projects?
I am interested in practical experience.
Commissions on L2 solutions for Ethereum are also low, what's the difference?

I haven't tried a lot of Near wallets. The only one I've tried  at - https://wallet.near.org/. One thing I like about NEAR is the fact that they take user experience very seriously. I think it's one of the key things they learned from other projects during their whiteboard series where they hosted different projects like Ethereum Foundation and Polkadot team. If you're not comfortable with the Near native wallet (wallet.near.org), You can try using Liquality wallet as they recently integrated NEAR into their  web 3.0 wallet.

Whiteboard series: https://www.youtube.com/playlist?app=desktop&list=PL9tzQn_TEuFWweVbfTbaedFdwVrvaYPq4

The market has been tough due to the rate at which bad news keep dropping like an album in the last few weeks. In my opinion, it would be best to just keep adding to your position even if the price keeps dropping via DCA strategy or you can sell now and rebuy at a lower price if you're worried about leaving money on the table. I'm quite confident that this isn't the last of the bull run. There's still more to come. HODL.

do I stock $NEAR first? LOL
I don't know if this is luck or not, due to the fact that I've been holding $NEAR for quite a while. and the good news has arrived. so we're really looking forward to how this will bring something amazing right in front of our eyes.

I have not tested Near Protocol yet. If you have tested Near Protocol then write what is the most convenient wallet you have used?
Decentralized exchanges or exchanges for tokens.
Projects for generating NTF tokens, etc.

I will leave some links
Rainbow bridge
https://ethereum.bridgetonear.org/
The Rainbow Bridge Is Live
https://near.org/blog/the-rainbow-bridge-is-live

In this article, we will understand what is special about the Near Protocol blockchain. Why I believe that this protocol is the future of blockchain development and why all novice developers on Solidity and Viper should consider it as a direct alternative to development in the Ethereum environment.

As you can see from the image above, Near Protocol is a large ecosystem that includes its own Aurora EVM, a unique blockchain, its own wallet, and many other services and features.

So, let's start to understand the features of the Near Protocol ecosystem.

First, as I said in the previous article, Near Protocol is a cross-compatible blockchain with Ethereum. In other words, ERC - 20 tokens can be easily transferred to the Near Protocol blockchain.

This action is carried out through a specially designed Rainbow Bridge, which allows for secure transfer from the ETH blockchain to NEAR, thereby reducing the cost of further development of dApps.

Fees on the Near Protocol network are virtually nonexistent when compared to fees on the Ethereum network. On the official website of Near, there is information that the transaction cost is 1000 times less than in the Ethereum network, although the functionality remains the same.

Blockchain developers with the help of EVM Aurora can perform all known functions in smart contracts. Deploy, Call, View all these features are available in the Aurora development environment, but unlike Ethereum, you don't have to pay crazy fees for a regular Call feature.

At the moment, the commission for a transaction in the Ethereum network ranges from 0.0001 Ⓝ/Tgas, which at the current exchange rate is approximately 0.00031 $. You can independently track the gas price in the Near network using your own block browser https://explorer.near.org/

Near Protocol acts as a direct competitor to Ethereum. Therefore, the development team solves the main problems of the ETH blockchain. They managed to increase the transaction speed by 50 times compared to Ethereum.

As we can see, the benefits for the developer and the average user are obvious. This is a low cost of commissions, cross-compatibility with Ethereum and faster operation of the blockchain.

As for transferring data from Near to Ethereum, this is also possible, but at the moment the implementation of such an action requires up to 16 hours of waiting. The project team will solve this problem in the Near future, speeding up the transaction and not forcing the user to pay huge fees.

Such fundamental developments, in my opinion, will lead Near Protocol to great success in the world of cryptocurrencies. The development team solves the fundamental problems of the blockchain and constantly improves its product. Therefore, the current price, in my opinion, is very low. Get on a rocket and fly up to the moon with us!