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NEAR Protocol

Multi-Chain Assets, Confidentiality and Post-Quantum Security | NEAR Co-Founder Illia Polosukhin

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About this video

Illia Polosukhin explains how NEAR is preparing multi-chain assets for a post-quantum future.

With Chain Signatures, Bitcoin, Ethereum, Solana and stablecoins can be held on NEAR Intents, secured with post-quantum cryptography and kept confidential, while protocol upgrades handle future transitions.

Private and quantum-resistant. A powerful combination for future-proofing your assets.

Read how NEAR is preparing for the quantum computing era: https://www.near.org/blog/making-near...

NEAR is the Blockchain for AI Website: near.org NEAR AI: near.ai Intents: near.org/intents Chain Abstraction: proximity.dev Sharding: nearone.org

For the devs GitHub: github.com/near Dev Docs: docs.near.org Devhub: devhub.near.page @NEARDevHub

Connect with socials Twitter:   / nearprotocol   Blog: near.org/blog Medium:   / nearprotocol   #NEAR #nearprotocol #NEARAI

Transcript

189 words

Captions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.

  1. 0:04

    The interesting thing because near has been enabling ability to hold assets from other chains through our chain signature and through near and dance. This means that now in your near account you can have bitcoin, you can have salana, you can have etheum, you can have some uh other assets real stable coins etc. And with this addition, you can secure your near account with postquantum crypto key. You

  2. 0:32

    can store that seed phrase, you know, somewhere in the ground uh and not touch it again and not worry about other assets because effectively the transitions as they happen on other chains will be happening by the near protocol upgrades themselves instead of you needing to manually move assets on other chains. So effectively they'll be moved for you as protocol upgrades. And so that's kind of an important and noble way especially paired with confidentiality. You actually can store your Bitcoin, your Ethereum, your

  3. 1:05

    Salana, your stable coins all in a confidential shardon and be safe uh effectively as those protocols upgrade without needing to do anything on your side. So be safe is post quantum cryptography.