{"id":"_PpUFyfhmFw","title":"Illia Polosukhin on NEAR as encrypted Ethereum","description":"NEAR co-founder Illia Polosukhin on When Shift Happens with Kevin Follonier.\n\nIllia sums up NEAR in one line: “You can think of it as encrypted ETH.”\n\nNEAR has “private smart contracts, private trading, private stocks”, and what you do there “doesn’t broadcast to everybody else.”\n\n#NEARProtocol #Privacy #SmartContracts #Web3\n\nNEAR is the Blockchain for AI\nWebsite: https://near.org/\nNEAR AI: https://near.ai/\nIntents: https://near.org/intents\nChain Abstraction: https://www.proximity.dev/\nSharding: https://nearone.org/\n\nFor the devs\nGitHub: https://github.com/near \nDev Docs: https://docs.near.org/\nDevhub: https://devhub.near.page/ @NEARDevHub\n\nConnect with socials\nTwitter:   / nearprotocol  \nBlog: https://near.org/blog/\nMedium:   / nearprotocol  \n#NEAR #nearprotocol #NEARAI","channel_name":"NEAR Protocol","published_at":"2026-11-13T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/_PpUFyfhmFw/hqdefault.jpg","transcript_text":"Zcash is people call it private Bitcoin right the money that is private or encrypted give us a similar analogy for near you can think of it as encrypted ETH so we have not just now a specific Zcash cryptocurrency but we have private smart contracts private trading private stocks everything you do there effectively doesn't broadcast to everybody else so it's a private operating system on top of which application Private application can be built.","transcript_synced_at":"2026-11-14T03:45:56.483Z","segments":[{"start_seconds":2,"text":"Zcash is people call it private Bitcoin right the money that is private or encrypted give us a similar analogy for near","url":"https://www.youtube.com/watch?v=_PpUFyfhmFw&t=2s"},{"start_seconds":9,"text":"you can think of it as encrypted ETH so we have not just now a specific Zcash","url":"https://www.youtube.com/watch?v=_PpUFyfhmFw&t=9s"},{"start_seconds":16,"text":"cryptocurrency but we have private smart contracts private trading private stocks everything you do there effectively","url":"https://www.youtube.com/watch?v=_PpUFyfhmFw&t=16s"},{"start_seconds":24,"text":"doesn't broadcast to everybody else so it's a private operating system on top of which application Private application can be built.","url":"https://www.youtube.com/watch?v=_PpUFyfhmFw&t=24s"}],"youtube_url":"https://youtube.com/watch?v=_PpUFyfhmFw","url":"https://near-pedia.xyz/videos/_PpUFyfhmFw"}