{"id":"ghScc2N5xrQ","title":"NEAR Bytes | 06 | Protocol Working Groups, NEAR's Digital Collective, and Rainbow Bridge Security","description":"Welcome to episode number 6 of NEAR Bytes! A weekly roundup of developer news in the NEAR ecosystem, brought to you by Dorian Crutcher (  / neardorian  ) from the DevRel team in conjunction with NEARWEEK (  / nearweek  .\n\nThank you for watching this video. You can find below all the resources mentioned in this video. Got ideas, news or feedback? Reach out!\n\nThis week, on NEAR Bytes:\n\nThe First Protocol Working Group\n👉   / 1564250158593892354  \n\nThe NEAR Digital Collective \n👉 https://gov.near.org/t/formation-of-n...\n\nThe Rainbow Bridge and Its Security Measures\n👉   / 1561692371833667585  \n\nWhy Build on NEAR Protocol?\n👉    • Why Build on NEAR Protocol? With Illia Pol...  \n----\nJoin NEAR's community:\nWebsite: https://near.org/\nReddit:   / nearprotocol  \nDiscord: https://near.chat/\nMedium:   / nearprotocol  \nBlog: https://near.org/blog/\nTwitter:   / nearprotocol  \nGitHub: https://github.com/near  https://github.com/nearprotocol\nDev Docs: https://docs.near.org/\nCreate a wallet: https://wallet.near.org/create\nApps on NEAR: https://awesomenear.com/\nLearn to Build On NEAR: https://www.near.university/\nGrants & Funding: https://near.org/grants/\n#Blockchain #FutureisNEAR #NEAR #nearprotocol\n#nft #dao","channel_name":"NEAR Protocol","published_at":"2022-09-03T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/ghScc2N5xrQ/hqdefault.jpg","transcript_text":"hey everyone dorney here to the latest stones having the new ecosystem this is nearbytes today on the agenda we have the first edition of the near working group the formation of the near digital collective a story about an attack on the rainbow bridge and lastly a look into a short video about nir given by one of his co-founders ilia with that let's get started i know i've mentioned it a lot before but nyrcon is only a few weeks away like literally less than two weeks uh this is your final chance to go get tickets for near con please get them because i love to hang out with you i love to you guys to see and meet the near team it'll be a lot of fun insert smile here that's what it says that's what i wrote so i'm doing it inserted my smile go get your near con tickets that was aggressive i'm sorry please get your near-god tickets now on to the next topic working groups are a new initiative that was started to help discuss the and implement near-hazard proposals or meps a couple weeks ago the contract centers working group of nir met for the first time discuss a new standard proposal the meeting was set to be productive and with the help of a community a vote was cast in ndp 359 covering non-transferable nfts to determine its course of invitation you can find a community called video and a discussion on ndp 359 linked in description below now the pro co-working group is gearing for its next meeting this tuesday september the 6th at 4 pm etc this working group will be discussing nep364 a pro upgrade for efficient signature verification host functions we're super excited to see everyone join and push everyone at this development of near forward so visit the link description below to rcp to join the meet you do not want to miss it the new community has announced plans for the formation of the ndc short for the near digital collective the ndc will be an ecosystem-wide self-government structure and treasury four near this new initiative will be led by members of the community the coordinator team pagoda kikimura astrodow aurora near hubs from all across the world and dozens of more key projects from the near ecosystem working groups will be implemented to create new year's constitution design a governance framework and proposal process carry out technical development for the plan of the framework prepare legal guidelines for the government structure and define the community engagement guidelines to determine how the larger ecosystem will participate this is a major milestone for near and everyone's welcome in helping to make the ndc a reality visit the announcement post in the government's forum to learn more and apply to join the working groups today the rainbow bridge successfully warded off another attack here which if you don't know the trustless bridge moving assets between aurora and ethereum over the weekend attackers submitted a fabricated near block onto the riverbridge contract during this transaction a safe deposit of five eth was required the transaction was successfully implemented onto ethereum and the attack resulting in the attack be too complicated to react to the following saturday morning but thanks to automated watchdog technology the attack was spotted and thwarted in only 31 seconds meaning assets on the bridge were kept safe and the attacker ended up losing five eighth hop onto a tweet thread description to learn how the rower team designed the bridge's architecture to prevent these types of attacks so why should you build on here well the answer is that question is near's nightshade starting mechanism ilia one of the founders of near recently shared a video explaining what makes new year's pressure starting special and how it helps make near an accessible scalable and secure option for developers in the video which is linked description below you can also learn how near sharing mechanism is different from other implementations such as ethereums you can also find examples of uses that benefit from those design choices one for starters would be the intense parallel processing which allows for consistency insurance and transaction speeds across the network check it out and have fun learning hey everyone that's all i have for you guys today i want to give a quick shout out to near week which is awesome resource that aggregates and curious information about the new ecosystem of our blog posts and newsletters go over to newark.com to check them out remember to like subscribe and comment below and with that have a great day","transcript_synced_at":"2026-11-04T04:00:07.967Z","segments":[{"start_seconds":0,"text":"hey everyone dorney here to the latest stones having the new ecosystem this is nearbytes","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=0s"},{"start_seconds":10,"text":"today on the agenda we have the first edition of the near working group the formation of the near digital collective a story about an attack on the rainbow","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=10s"},{"start_seconds":17,"text":"bridge and lastly a look into a short video about nir given by one of his co-founders ilia with that let's get started","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=17s"},{"start_seconds":25,"text":"i know i've mentioned it a lot before but nyrcon is only a few weeks away like literally less than two weeks uh this is your final chance to go get tickets for near con please get them because i love","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=25s"},{"start_seconds":34,"text":"to hang out with you i love to you guys to see and meet the near team it'll be a lot of fun insert smile here that's what it says that's what i wrote so i'm doing it","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=34s"},{"start_seconds":42,"text":"inserted my smile go get your near con tickets that was aggressive i'm sorry please get your near-god tickets","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=42s"},{"start_seconds":51,"text":"now on to the next topic working groups are a new initiative that was started to help discuss the and implement near-hazard proposals or meps","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=51s"},{"start_seconds":58,"text":"a couple weeks ago the contract centers working group of nir met for the first time discuss a new standard proposal the meeting was set to be productive and with the help of a community a vote was","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=58s"},{"start_seconds":67,"text":"cast in ndp 359 covering non-transferable nfts to determine its course of invitation you can find a community called video","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=67s"},{"start_seconds":74,"text":"and a discussion on ndp 359 linked in description below now the pro co-working group is gearing for its next meeting this tuesday","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=74s"},{"start_seconds":82,"text":"september the 6th at 4 pm etc this working group will be discussing nep364 a pro upgrade for efficient signature","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=82s"},{"start_seconds":89,"text":"verification host functions we're super excited to see everyone join and push everyone at this development of near forward so visit the link","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=89s"},{"start_seconds":96,"text":"description below to rcp to join the meet you do not want to miss it the new community has announced plans for the formation of the ndc short for","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=96s"},{"start_seconds":104,"text":"the near digital collective the ndc will be an ecosystem-wide self-government structure and treasury four near this new initiative will be led by members of","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=104s"},{"start_seconds":112,"text":"the community the coordinator team pagoda kikimura astrodow aurora near hubs from all across the world and dozens of more key projects from the","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=112s"},{"start_seconds":119,"text":"near ecosystem working groups will be implemented to create new year's constitution design a governance framework and proposal process carry out technical development for the","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=119s"},{"start_seconds":128,"text":"plan of the framework prepare legal guidelines for the government structure and define the community engagement guidelines to determine how the larger","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=128s"},{"start_seconds":135,"text":"ecosystem will participate this is a major milestone for near and everyone's welcome in helping to make the ndc a reality visit the announcement post in the","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=135s"},{"start_seconds":143,"text":"government's forum to learn more and apply to join the working groups today the rainbow bridge successfully warded off another attack here which if you don't know the trustless bridge moving","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=143s"},{"start_seconds":152,"text":"assets between aurora and ethereum over the weekend attackers submitted a fabricated near block onto the riverbridge contract during this transaction a safe deposit of five eth","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=152s"},{"start_seconds":160,"text":"was required the transaction was successfully implemented onto ethereum and the attack resulting in the attack be too complicated to react to the following saturday morning but thanks to","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=160s"},{"start_seconds":168,"text":"automated watchdog technology the attack was spotted and thwarted in only 31 seconds meaning assets on the bridge were kept safe and the attacker ended up","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=168s"},{"start_seconds":175,"text":"losing five eighth hop onto a tweet thread description to learn how the rower team designed the bridge's architecture to prevent these types of attacks so why should you build on here well the","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=175s"},{"start_seconds":184,"text":"answer is that question is near's nightshade starting mechanism ilia one of the founders of near recently shared a video explaining what makes new year's pressure starting special and how it","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=184s"},{"start_seconds":191,"text":"helps make near an accessible scalable and secure option for developers in the video which is linked description below you can also learn how near sharing mechanism is different from other","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=191s"},{"start_seconds":199,"text":"implementations such as ethereums you can also find examples of uses that benefit from those design choices one for starters would be the intense","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=199s"},{"start_seconds":207,"text":"parallel processing which allows for consistency insurance and transaction speeds across the network check it out and have fun learning hey everyone that's all i have for you","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=207s"},{"start_seconds":215,"text":"guys today i want to give a quick shout out to near week which is awesome resource that aggregates and curious information about the new ecosystem of our blog posts and newsletters go over to newark.com to check them out remember","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=215s"},{"start_seconds":223,"text":"to like subscribe and comment below and with that have a great day","url":"https://www.youtube.com/watch?v=ghScc2N5xrQ&t=223s"}],"youtube_url":"https://youtube.com/watch?v=ghScc2N5xrQ","url":"https://near-pedia.xyz/videos/ghScc2N5xrQ"}