NEAR Space @ EthCC | Day 1

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

1. 0:04

   hello everyone Hi once again I'm really glad to see you all here in our near Lounge powered by near UA we're about to start with our speakers it's the best part of our Lounge I would say and I'm happy to present you our first Speaker Marie clamo CEO of near foundation with the talk building Beyond The Hub uh hello uh welcome on boat I love what's written uh outside here uh beyond for new that's how we say in French it's

2. 0:44

   amazing to see so many of you and to our Ukrainian friends thank you so much for organizing this event which looks extremely promising I think you're going to learn a ton of things uh about near and what it means to actually build on there over the next couple of days and the next couple of sessions and so what I want to talk about today is building beyond the hype and actually before doing that I want to take a step back or rather a step out of this boat

3. 1:10

   what's happening right now in the world is a sliding door moment it's a turning point in history on many many fronts on one point our planet is burning you just need to look outside to see that the temperatures that we're seeing are just not right I'm coming out of London it was the same thing our cities are just not made for actually handling that hit and literally Forest the remaining forests we have in Europe are burning the second part is actually there is still a very long damaging war on the

4. 1:42

   European territory and more than ever actually we are seeing a divide between the west and the East we are seeing a divide between the left and the right our society is completely being polarized the trust in our government in our institutions seems to be eroding here in France the French president was recently we're good okay the French president was recently elected but guess what he doesn't have

5. 2:06

   the Assembly of the parliament he probably will not be able to do much some will say it's a good Mark of democracy someone will say actually the system is broken the reality is something is just not right we are out of kovid or are we out of covid and if anything the next thing that's actually gonna Loom on us what's the next pandemic that's going to actually impact us kovid has left major marks not only on

6. 2:31

   our mental health but also actually on progress mates for decades for example for women's rights stats show that during kovid it's women who took the Lion's Share of looking after kids in the home and you just need to look at what happened with abortions in the U.S oh my God this so no do we have a mic no okay I'll keep going sorry about that that's part of testing and learning women's rights

7. 2:57

   abortion low what's happening in the U.S amazing thank you women's rights um what's happening right now in the U.S that's like wiping off Decades of progress that were made and when you look at kovid actually remember the beginning when governments were actually I would say recklessly printing money where's the money coming from and we were told and promised that there will be no inflation well look at where we're at today I don't know how many of you

8. 3:22

   got out to buy a pound of chocolate and a and a bad coffee I don't think French people know how to do good coffee but that is like 6 Euro 50. who can afford six Euro 50. you can hear but people outside cannot so inflation is ramping up and there is no doubt that there is a major recession looming on us layoffs are already starting to happen more layoffs will happen so all of that and all of that is of course super linked and by the way our industry has its share of problems in it it seems that we didn't really learn

9. 3:51

   about what happened in 2008 and we're just making the same mistakes all of that is linked it's happening it's happening really really fast and I don't know about you but when I start making the connections and looping the dot I find it scary but I think it's actually time to act and I think we have in our hands the technology and we have in our hands the knowledge and the power to change that you have that you can do

10. 4:13

    that each one of us so my ask when you think about this couple of days that you're spending here with amazing people my ask is that you think about what you're going to build is that you build with your heart and that is that you build for your moms for your non-crypto friends that you build stuff that the world can really understand stuff that we've promised and things that can actually really create the open more fair and more transparent

11. 4:38

    world that we're beginning and when you do that please do it on near so now let's get on to near what is near it's a big question right Ilya what is near so what is near at near that's what we believe in we believe in a world where people can control their assets their data and their power of governance an open web world everything is centered around our technology and near as a protocol and that protocol is simple it's scalable and it's secure the Simplicity is absolutely fundamental

12. 5:10

    it's simple so that users can use it it's simple so that developers can actually use it whether you like it or not JavaScript has tens of millions of developers that can actually start coding on it and because it's simple scalable and secure it's also enabling us to actually be truly sustainable and that means that actually when Building Solutions that will actually help solve climate challenges that we have that can be done on the air as a protocol

13. 5:34

    the near ecosystem is Broad it's big it's actually growing extremely fast and at the center of the new ecosystem you have the near protocol around it you have different parts of the infrastructure which I'm delighted to know that you'll actually learn more about over the next couple of days the way we think about projects being built is that you have projects that are built around D5 project that I built for creators and projects that I built to actually help Collective organization be

14. 5:58

    self-organize and get together D5 is a fundamental pillar without D5 without Finance there is no functioning economy and so today that's what the topic is about in terms of numbers just a couple of numbers to highlight we have now over 16 million active wallets um a community that is continuously ever growing a number of projects that is also continuously scaling up and a number of regional hubs that are also scaling up to help reach more and more people not just in English but in more different languages

15. 6:31

    so when you think about this future that we have in our hands and how we can actually create a better fairer more open world and better place because of this sliding door movement that we're living what does this mean and how can you actually think about it well three thing we need to rethink ownership we need to rethink community and we need to rethink what incentives mean ownership a couple of examples of what

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    we're starting to see on near which we think is actually extremely interesting you Mentor can you flip Instagram on its head and can you actually complete everything from A to Z what it means to be an influencer and really own your account and the data and the content you're creating we've done an integration with brave wallet for Aurora well what if you want to keep actually your privacy and decide what you're watching and and what actually it gives you as Rewards

17. 7:17

    tamago Reinventing with Spotify and music could be doing and actually nearby Reinventing banking so that's what some of the examples that we are seeing for ownership in terms of community again here super happy to see that this is one of our top Regional Hub that has taken the lead to organize an event in Paris the communities are fundamental ultimately speak English is a major

18. 7:41

    privilege and I'm sure here most of you are not English native speakers the reality is that if you speak in your own native language you will be better understood you'll have more chances of actually raising funds or finding Partners to build a project and actually you'll know the local problems that need to be tackled that's why local communities are extremely important and part of the near ecosystem we have communities that actually range from Kenya to Latin America to now Ukrainian

19. 8:05

    Hub in Exile in Portugal and in the Balkans and so on and so forth rethinking actually communities enable people to get together and vote on things and do things way faster than anything that was possible before Unchained doubt has been a spectacular example of how actually a knowing G can be created in less than two hours to really get firms from A to Z in a war zone and extremely fast to help relief rethinking communities also how can we

20. 8:33

    rethink fandom in the sports industry there are so many things that what does it mean to own a team we're partnering with cell GP to think through Canada by a real true sports team that is actually a professional sports team and Niche is also rethinking communities around what does it mean to actually reinvent what some of the social media players will be out there the last part is incentives how can you

21. 8:58

    actually rethink incentives some will say the X to earn movement is dead I think it's far from that I actually think we're just at the beginning of it and if you rethink completely what does it mean to do something to earn something then you really start Reinventing our society you really start thinking what are we spending our time on and actually what's the true human potential what should we be doing the nine to five job is definitely completely dead but what does that mean

22. 9:22

    and how can you actually Empower ourselves through that sweatcoin an example you walk you earn you can learn on your club and actually be rewarded for what you want to actually learn and if you plant a tree with ofp you can actually also earn so those are just some of the examples of things that we're thinking and I hope can actually help you think that through so if you want to build beyond the hype

23. 9:46

    and if you actually want to take your share and help in the sliding door moment and this is not something that others will solve the moment we are living through in history is for future generations and each and every one of you can actually participate and has a share to do something if you want to continue that journey I also highly encourage you to join us at nearcon which will be in Lisbon between the 11 and the 14th of September

24. 10:11

    and I will leave you with that this next couple of days the connections the people you're going to meet take a step back and try to think about the impact of what you're going to do and try to think about actually what is it that you're building that is truly enabling us to actually show to the world the promises of web 3 and the open web thank you very much thank you so much Marie and I'm gonna to present you our second speaker

25. 10:48

    co-founder of near uh we talk what to build in defy thank you thank you hey everyone I see people are really scared and so everybody's really far you know there's seats in front okay I'm not gonna bite um so welcome everyone thanks Marik for inspirational but also linking to the real world I think we're missing a lot of it in crypto where we kind of talk you know our own language we talk about

26. 11:19

    our own problems and not really usually linking it to the things that happening outside so now we talk about our own world uh defy you know the traditional Finance is already broken we know that um so how do we improve on that so near kind of you know designed to be simple secure scalable but at the core of it right it's about usability it's about being able to being accessed by you know

27. 11:49

    billions of people around the world and this is kind of the core concept like it doesn't matter what we build if nobody's using it right it doesn't matter how technically you know sound and decentralized and awesome it is um if you know our friends our family you know people outside of this boat cannot use it and so that's really what we kind of started to like started out when we were trying to build near is how do we build the sites that regular people that are not

28. 12:23

    technical that potentially don't even know that you know internet is not Facebook are able to use this and so there are kind of two phases of getting there right the first phase I mean outside of building infrastructure and also you know complex stuff that mostly done uh is even more complex part is actually getting people to use this right so first part is is pretty much bridging this gap of web 2 to web3 right is

29. 12:49

    giving some immediate value that users can kind of tangibly perceive such that they will take this jump and to be clear like this is a jump right that's why I do mention security because right now blockchain is perceived insecure and by the way all of the stuff that happened in past months is not helping although most of it have nothing to do with blockchain right it's mostly having to

30. 13:14

    do with all the usual traditional Finance stuff but people perceive it as insecure as you know hackable as what if I lose my seed phrase and we need to solve that through usability through education through building products that actually deliver value where people will kind of activate and switch and same time we need to go to go beyond that right beyond what people are doing now into use cases that you know you

31. 13:40

    cannot do and like if you think of generally what blockchain is really good at is opening markets it's the idea that anything in anywhere can be a market that you can open up that you can create liquidity on and it is available to everyone in the world right and obviously like you know tokens and nfts like gpags is kind of examples of this but it can be you know an education Market it can be an insurance Market it can be anything that you can imagine right it can be a water market for Africa that you can build and everybody

32. 14:09

    in the world can participate in it right and that's what you know the value we can generate and kind of unlock and so finances have been you know reasonably so the first use case that kind of makes sense because well finances is about markets it kind of has the direct alignment you know if you open up a new market of you know new assets or new tokens or new Jeep bags people will you

33. 14:33

    know pour on it and try to speculate it and try to figure out and so there's still kind of you know a lot to do with the people who are able to do it efficiently are people who probably have been doing it in traditional Finance but you know we're trying to lower the bar we're trying to make it accessible and there's more and more people trying it and this is why again how to make it more usable

34. 14:56

    and so D5 is really this opportunity for everyone to participate so why Defiance right there is you know a lot of blockchains there's a lot of kind of already existing Financial infrastructure that exists on ethereum and so the answer is actually not um usability yet and we need to get there but right now you know the the things are kind of on the technical pieces that we already have there is the

35. 15:25

    fact that near has the fastest finality and kind of you know one of the fastest block time which means your transactions you know settle right away you have the scalability that allows you to keep adding more applications keep adding more um kind of capabilities without you know bogging down kind of others right like happens on every single non-sharded chain and the reality is if your app is that successful you actually can have your

36. 15:56

    own capacity right so if you think of it you can actually get a full chain of capacity on near if you're if your app um needed this and so Aurora is a good example because Aurora has actually been binded to a separate Shard so it has up to a full chain of capacity as if a rotor launched its own Cosmos chain but they did not need to launch anything they did not need to configure anything they did not need to change anything this is just the governance uh kind of

37. 16:25

    decision to allocate them the full Shard so you can have that ability without changing anything for your users and for your kind of interactions contracts that are asynchronous meaning like on one side this has limitations especially in Finance on the other side it's naturally cross-chain because there is no difference between calling another contract on the same on near or calling

38. 16:49

    as a contract in ethereum or in Solana because you have already all of the Cross chain kind of asynchronicity embedded into the protocol we also have native meta transactions coming and so this gets closer to the usability part because at the end users don't want to see the kind of implementation detail of the blockchain right like the fact that the fees the structure in this are that way is our problem not the user's problem right and

39. 17:19

    so as a developer as a kind of application you should hide it from and again Aurora has already kind of prototyped this and shows us because they have native meta transactions they allow users to not pay for transaction fees up to a limit and so we're kind of bringing that together with Aurora too native near to all the applications and you have programmable accounts again near accounts are not just you know kind

40. 17:43

    of your public key private key pair it's actually a pretty much a smart contract it can be an empty smart contract with a lot of keys with different permissions you can program them in any way right your account can be your Vault that exercises some specific trading strategy some specific you know kind of saving strategy whatever that is and you can build applications that program users accounts and so kind of hide a lot of

41. 18:09

    complexity from the user and at the same time give them the power to choose which strategies they want to execute beyond that kind of what's coming is remote accounts so this is the idea that you actually as a user don't really really care about what chain you're using right you have assets you have wallets and you have apps and you want to use them right you go to an app you open it up and for some

42. 18:35

    reason it only supports you know wallets from another chain that seems really weird if you think from a user that's coming from web2 so going Beyond this and on here you can already do this to some extent and we expanding this you can actually log in with whatever wallet you want right with ethereum wallet with Solana wallet um kind of ethereum-like wallet metamask Etc you can start using the app underneath

43. 19:01

    it will actually Bridge stuff directly to your kind of virtual account remote account on near you will use the app and you will you know get Bridge back whatever whatever is Left Right the the example that's already kind of using this model and going to be launching soon is orderly is the order book Dax where you can you will be able to log in with whatever wallet with metamask Etc

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    without changing the network you're still in ethereum you still don't think about the other network you will say deposit your funds it will Bridge it underneath and you can use this app right you don't need to think that oh I need to create a new account bridge to it and then use the app like that whole pass is not needed and so this can allow you to create apps that don't feel foreign to the user that

45. 19:47

    comes from the other chain so this expands kind of your user base to everyone who has any wallet in in NZ supports meta transactions from other chains to your apps and so that allows to truly kind of build apps that you know our multi-chain cross chain whatever you want to call it but at the end they deliver value to the user so what are the pieces of the ecosystem right there's there's a bunch of pieces and I'll just cover a few but the important piece is kind of

46. 20:19

    it's based off you know connecting to real world right and sort of there are a few pieces that connect the real world one is kind of crypto Bank you know on-ramp off ramp is near pay and a few others who are building this like at the end your new account should be your bank account right if you think of it you can actually give with with the uh keys on near you can have a key that a crypto bank has that does not have custody

47. 20:45

    they're not able to move your assets but they are able to recover your um your other key they're able to recover your account if you lose your access key for example your sheet phrase at the same time they allowed to do for example to issue a a card that you can use right in a store so you can actually have an eye band that maps to your near account that allows you to go in and out you have a card and you have ability to recover the keys right so on one side you have the banking infrastructure on the other side

48. 21:18

    it's not custodial they're not able to steal your money or lend it off to someone without your consent and understanding of the risks and the other side of this is real world assets right like right now we're playing in our own sandbox right we're creating tokens and then we start you know trading and leveraging on them and then you know we pull in a bunch of stable coins to leverage on top of them and this is all cool but you know it all

49. 21:41

    kind of varies self-referential and so to go beyond that what you truly need is real world assets you need the assets that are kind of coming from Real World right the water the boats the real estate the Commodities the equities Etc and so we need to have this connection to the kind of to the real world assets bring them Unchained because at the end the traditional finance and kind of D5 will

50. 22:04

    emerge into one right there's no way that the current infrastructure that you know Banks and broker Prime brokerages and NASDAQ are using is going to be better than this infrastructure we're building that's literally you know smartest people in the world are pouring in and you know building so what should you build right uh there are a few things that are like clearly I mean there's a bunch more that uh that

51. 22:29

    out there but one of the biggest things is insurance right again if you're thinking of like what unlocked kind of banking and traditional Finance back in the day is actually FDIC like insurance right it's the ability to know that if you put up to some amount of money they actually are insured by quote unquote government and so there is a kind of similar uh approach here that that people can take and allowing to have a some limit of insurance for kind of you

52. 23:00

    know for the masses for retail not it's not going to ensure you know hundreds of millions of dollars but it can ensure you know someone of money on every account or in every kind of it was in every app and that will unlock a ton of kind of you know reduce the risk that people are taking uh and the shakiness of our ecosystem um on the other side I mentioned real world assets right again this is like we're just missing so much of the economy right there's like tens of trillions of

53. 23:31

    dollars every day being transacted by traditional Finance in real assets like I mean outside of blockchain and so we need to bring them on we need to unlock it and guess what there will be actually more liquidity because we all by opening up these markets right removing the fact that you can only trade for whatever eight hours equities right removing the fact that you need to have a US brokerage account to buy it like

54. 23:56

    removing all those limitations will create more volume will create more liquidity trade Finance so if people are not familiar the way that all of the trade works is somebody invoices stuff people ship things it takes weeks to months to deliver and then they pay right there's actually a liquidity split that happens between these two sites anywhere you have liquidity split you have a market

55. 24:19

    right somebody can buy this now and receive money later and buy it at the discount again this market right now is not like it's either doesn't exist are very limited opening it up creating it you know turning invoices nfts that anybody can buy and kind of receive the payment later and you know bundling it into Insurance bonding it together will open up again huge uh kind of liquidity

56. 24:45

    in this but in turn actually can help with some of our supply chain problems that we're having because right now some of the people are just not able to pay for things because the supply chain got longer and the end derivatives right again this is kind of how old this world uh was built is as you half all of the species you now can build derivatives on this and pretty much it again creates more liquidity in the market now the benefit of derivatives on Chain

57. 25:09

    versus of chain is that you do need to post your collateral and so if you're collateral if you go on the market it actually will it will be sold which as we've seen with some recent things people actually need to close their D5 loans even if they can own bank file for bankruptcy for their C5 loans so at the end like we're building this infrastructure it's pretty much will mirror a lot of the traditional Finance

58. 25:34

    because that makes sense but it will be done in a different way because we have now kind of enforceable things you cannot hide under you know your company's books and kind of create some machination around it and you know take risks that are not uh kind of evaluated and visible to everyone and so I encourage you to stick around there's a proximity team here who has a lot more ideas what to build they also

59. 25:59

    you know know a lot of teams in D5 and and the near and can connect you um there's tons to build and welcome here thanks everyone yeah thank you so much please don't don't go uh thank you I think everybody inspired now we have some ideas what to build in defy and we have guys from near Grant's team so all set to build your defied product on this boat maybe someone have some questions still yeah at least I can give you a micro just raise your

60. 26:36

    hand um hi Ilya my name is Oyen I'm currently building something called neodap which essentially connects um creators and users and Brands together and one of the things for us is that we're trying to onboard non-crypto and non-web three natives on the platform because a lot of my friends are influencers um one and one of the problems that we found is how mobile-friendly appdub can be so what is near doing to make sure

61. 27:07

    that we even optimize the mobile friendly version of of me because we're building our near because it's the most mobile friendly but how do we even optimize that even further yeah so there are a few problems as Mobile in general right so first of all is uh security part so right now the neither of the phones because there are U.S companies can use the curves the crypto curves that we're using in

62. 27:32

    blockchain and so there's a little bit of a tension between these two things where the crypto does not want to agree with the curves that approved by NSA and like us companies are not able to use crypto that is not approved by I mean the government in general and so the balance here is because near actually allows to change keys and swap Keys is to add the nist curves the curves that

63. 27:56

    are approved by US government and allow people who want to use it right to come in and on board with that with Native for example cryptography that is in the phones right within secure enclaves and then uh pretty much if they don't want it later they can actually remove it right they can kind of turn it out so that's that's kind of a trade-off of usability versus you know some crypto Anarchy that exists in this space

64. 28:21

    the other one has been from the beginning is by kind of going web route we have decided to not be at the whim of the you know stores Apple Store and Google store and I think right now especially it's really hard for uh for apps to go through especially if you're dealing with nfts apple is pretty much not allowing anything to go through and so that's why VAP is pretty much the only

65. 28:47

    way right now to do it and near has been like probably the only chain that you are able to do this for this mobile app so adding this idea so with for example Safari and few other browsers they added this ability to do web apps using the nist curve so if we do that then there will be kind of more flexibility you also have magic magic dot link so magic dot link is allows you to onboard with the email it is a kind of somewhat

66. 29:12

    custodial option right because they store your private key on the HSM in their kind of servers um and so again if you're talking about onboarding new people that's probably the easiest way because they can just team like enter the email on board don't need to think about the key and then later again because near allows you to turn off you can actually you know secure it with a ledger later for the

67. 29:34

    same account and that's probably the most kind of powerful features like you can onboard people into less secure options and then let them to off-board into more security and then beyond that I mean so people have launched few of the mobile uh wallets already so finer actually uh final world is on Apple Store now uh and there's like few more uh apps are launching so I think with more and more

68. 29:58

    of this things that go through will have kind of more understanding what is the missing piece so there's uh I think Swift and Android SDK have been built as well so for developers to actually do build native apps and so like I think over time we'll we'll get more and more uh kind of the support but I think the the corner piece here is this like the nist curve and meta transactions I think that transactions also like allowing

69. 30:22

    apps to pay for users and kind of hide a lot of the blockchain transaction flow again before users are ready for that thank you I think we have time for one more question if someone wants hi uh so Mev enthusiasts here the personal question do you think meta transactions could help sort of Define protocol layer Mev for near I think so yeah I think the the Aurora is actually already experimenting with

70. 31:02

    soundsis where uh it's pretty much like offers transactions for specifically backgrounds and so uh for those who doesn't know background means like when you send a transaction they're like as if you're doing buying something on amm there is a backward kind of transaction to rebalance amm that will happen because like you moving the price a little bit and somebody will move the price back and so this always happens there's you know people constantly spamming the chain with this transactions and so the idea is to offer

71. 31:33

    that as a service where you kind of uh you know providing that as a kind of automatic thing when you submit transaction and so I think like yes meta transactions will become kind of a flow for layers almost to make money as a way to you know like subsidize what they're doing thank you thank you so much Julia for your answer thank you and I'm happy to present here our next speaker co-founder of proximity and evgeny will

72. 32:15

    tell us about social in web free I'm here again because girlfriend I'm uh here to talk about social and web3 and um it's the exploration how we get there and it will talk about near.social and Beyond this so first let's start with the question what's the difference between the blockchain and the web3 so it's written in the rest it's a blockchain if it's written in PowerPoint it's web3 so my background is I've worked at

73. 32:56

    Google Plus when it started and later I joined Facebook to work on VR and eventually I joined here as one of the founding engineers and currently I'm on proximity we focused on D5 but today I'm gonna talk more about social than on D5 so why near protocol it has a lot of benefits and it has named accounts which is you don't have to buy your ens multiple Keys per account and soon I guess remote accounts which will be great the

74. 33:34

    um an account may have a contract and there's also a simple Json API that front-end developers can use and contracts talk to each other also through Json there's a storage on the contract side that is kind of costing you one year to store 100 kilobytes and that allows us to scale more on storage rewrites instead of like expanding the cost of every transaction to allocating storage so nearest scalable

75. 34:08

    it has a free public RPC so you don't have to worry about how you started and finally I contributed to protocol so it helped me to decide which one to build on so there's going to be some social experiments on um that I'm gonna talk so there's a freemium version that doesn't include some of them and you'll probably skip them um but also mostly we're going to focus on the social apps uh similar to social media

76. 34:39

    so first one going to be near FM it's a decentralized Twitter and the idea here you can actually build it on here fairly easily and there's a few features of this so there's no back end on the erfm it means it's only a front-end app and it uses a public archival RPC node and this node is actually um available to look on a data beyond the current state so you can query a certain block at a certain height and ask what was the like State at the given height

77. 35:19

    so that allows you to basically come back in time and minimize the cost of the user data that they need to store so there's approval State because the blockchain it also has no operational cost it means um as a developer you don't need to pay for the running the services can be hosted on apfs the storage covered by the users and finally there's um there is a free from the public RPC it also censorship resistant because so

78. 35:53

    long as nearest censorship resistant you can store them and put data as long as at least one validator approves this transaction and it gets into the chain and it also opens first so how it works it basically is something called post chain which is basically a chain of posts so we only store the last post on a um on a note and the rest are linked through the block number so you store

79. 36:26

    the last post then you keep the height at the previous post and so on so you can fetch it recursively and you can also link to a particular height so it has a problem that you cannot delete the post because once it hit the blockchain it's pretty much there forever it also had a social graph where we store the bi-directional edges and these edges are effectively covered by the users so a user who

80. 37:00

    initiates the edge covers the cost of the boss edges this graph is public and reusable which means like any application on here that deals with near accounts can just read this data from the contract and then it can expand it so it can be used for different applications than just a Twitter finally it has a feed and the feed is takes your following edges and then it expands the latest post for the every connection and then you recursively

81. 37:31

    fetch the rest on the front end so why it didn't work completely it's because likes require more storage than just a single action so that would be a little permanent and otherwise you cannot Implement likes like a Twitter does because you can like same post like multiple times for example UI is hard and um all the improvements that happens here have to be on a contract level and that's a problem so

82. 38:01

    finally it was forked on a test net and we lost some State because the block heights were reset and will be linked by the Heights so the next one is the wiki and the week is VK using web4 and I'm gonna talk about what is web4 the idea here it explores a similar idea from the near FM we can reuse simult tech for the wiki you store the data on chain and all the previous edits of the content just basically outside of

83. 38:36

    current state only stored in a historical data and you can create a permanent link to any of the versions so you can say okay I'm going to put this data don't want anyone to modify it um that's why it's linked by this post so storage is shared and it's covered by donation in respect to the Jimmy Wales the original inventor of the donation for Wikipedia it's also easy to use so you basically create any page and under the URL

84. 39:08

    and if the article doesn't exist you can create one if it exists you can edit one and use markdown and only one transaction to actually post it because the storage is covered so once you sign up it's good to go and finally a web4 so this is the project that uh Vlad garcina is building at something average between what Jake Jack Dorsey does which web 5 and like web3 that I'm talking it costs the front end on the contract

85. 39:41

    side either through a link to ipfs or just you can actually keep static Pages there and like JavaScript and service trade from the contract so every dot near actually name gets the subdomain so for example the wiki.nir gets the URL that you can visit and it will read the data from the contract and retrieve it and render it for you so it didn't work completely but it works pretty well so it doesn't have a

86. 40:13

    reputation so someone can come to any article and edit it in their way and all you can do is like come back and like and do the edit so like just another transaction there is no reputation to restrict the edits and no permissions to do this because someone can just claim a good URL and stay there forever and you will never be able to edit this particular article and it doesn't have good navigation and doesn't have a search because it's mostly a front-end app as well like without even front and

87. 40:46

    just a contract and final I think for today's a year social from the life experiments so it's basically kind of centralized Twitter but it's called Federated the idea here we go to web 2 we'll launch the Mastodon instance um that is on your social it's free to use so no one needs to pay for transaction you log in with your account and it creates a username for you and it Maps your dot mirror account to the your this web 2 account which can be later used through the API

88. 41:25

    and it also has push notifications so when you log in with near you have a wallet then you basically get authorized you create an account and you have credits to log in on mobile as well so once you get into web 2 we have a link to your for example Alex docs near we'll have a link to at Alex on the near social so you have profiles social edges your display name which whatever you can post and like all the Post history can

89. 41:57

    be exported and available through API so the API is giving you this very fast from the memory that is refreshed like once a minute and you can access it from any app so the wiki actually uses this API from your social to render profiles of the people and like um you can also use the social graph for example to display the knfts by friends finally you have push notifications so if you have a mobile app you can make a certain transaction such as like a post

90. 42:30

    and Wiki triggers an event event picks by index or indexer posts to the another API server who like makes a message and tagging you on the near.social and you get an instant push notifications from your masternode app so it didn't work because it's too centralized it failed a network effect because people don't want to another Twitter there's no incentive to join and it's also not super composable and written on Ruby so how to iterate so next thing is social

91. 43:04

    7.0 because there was like six experiments before this so first we go to the web tube world so you have the company that makes the application user use this application create data and then data is owned by the company and used by the application so if you have developers they like back for the data and get interrupted by the company because they don't give the API so in web 3 you have uh start with developers who build the applications

92. 43:35

    used by the users create the data but they also own the data and data is used by applications by developers and the good part is like if it's open source the application can be reused by the developers and the company is just being said so what's social is and I try to answer these questions through Googling it but that's pretty much my ideas it's what defines you so your profile identity your biography what's your connections social graph contacts groups what you

93. 44:08

    can achieved so Pages all band tokens nfts achievements then your uh communication this is uh feeds like Twitter there's blogs there's like newsletters then once you add encryption you can achieve private notes settings like personalization once you have also encryption you can do messaging that is private and chart emails whatever finally you can give some kind of weight to the reputation

94. 44:40

    and um you can rank your connections locally and then if the data is public you can expand on this and obviously notifications which are important to get back to the info so how we do this we keep data on chain it's basically going to be owned by the users the converse storage everyone has access to their reading the data if it's encrypted it's not helpful for them the permissions are controlled by the users you have immutable data history and

95. 45:13

    the important it also scales with the blockchain these are actually the only technical slide mostly um so to represent this data in a format that is works for everyone we basically just don't need to have a format it's freeform data organized in a tree for um helpful splitting of the scope the user covered the storage like before it also can be linked to the historical edits and it also can be sharded by the

96. 45:45

    account ID so on the right you can see some of the examples how I envisioned the data may be stored so for example under alex.net you have profile that explains the profile then a graph which can be like graph or like the follow edges then you have badges that Alex gave to someone else you can have direct messages and you can have a status which is like a Twitter so instead of going for schema we're

97. 46:11

    going to have external standards and external standards are a thing that people agree on but don't have to be enforced on a contract level if there's a that's important because this external standard doesn't require Unchained governance to make a decision which standard is the one you can have competing standards and that's good for the ecosystem so finally a community will lead to some of the okay the profile is displayed this way

98. 46:36

    similar how for example an nft standard exists and it also allows you to iterate through idea you build an MVP you test it and all after this once you get to the point you define a standard it should have a right permissions which have a limited scope so for example front-end apps you have this scope contract have that scope you can do data specific permissions and permissions for permissions on the front-end side you can have only front and apps so you can bring all the

99. 47:08

    JavaScript developers who don't know how to write rust contracts and this is good I'm also close to out of time so I'll quickly skip through this to back end so backend is what's using the standards it's not the contract it understands profile search it can graph do graph expansion and it can be updated frequently it also um it's open sourced so anyone can spawn their own backend

100. 47:33

     so here's how the architecture of this is going to look you basically have on-chain contract or multiple contracts they can interact with other contracts you have front-end apps that read from chain and they understand standards then you have a API backend that reads from chain understand standards and serves front-end to be a bit quicker and other content can also like contribute there so why it might work it will create a

101. 48:04

     network effect if it works so data applications users and developers kind of closing the loop so the social graph is growing by developer like they used by developers to bootstrap new apps pages and achievements create engagement through the um gamification users basically invite other users so they join the network and get more people in and developers build new apps that also bring users back so every component is replaceable which

102. 48:34

     means no one kinda in control of one single piece that can bring it all down there's no governments there's no need for external token and it's no operational cost so if I die tomorrow and it's actually live it can go on without me so thank you thank you so much no no questions so far soon trademark thank you thank you so much I just want to know if the application of AI Technologies on a distributed

103. 49:27

     distributed social medias is possible for example on Twitter based on what I'm looking for for example I was looking for near events just eventually I found the Solana event and I'm very happy so is it possible to use the AI Technologies on a distributed social networks yeah yeah that's the goal because like you can just get all the data you can process the data and serve it easily like the problem is if Twitter would

104. 49:58

     give you all the data they wouldn't have nothing to keep people in because someone can launch an alternative here it's pretty much open Twitter and the people likely like it will be hard to to build an app that has locks people in only in Europe with closed Source because someone will come in and build like a slightly better app or extension and like for AI you have access to all the

105. 50:22

     data unencrypted obviously but um it can definitely like possibly do it so yeah okay thank you before we gonna to proceed with our next speaker I just wanna to remind you hey uh we will announce the results on 22nd of July uh and I wanted to remind you that we are planning to have happy hours after our beaches with some drinks so um let's move on our next speakers it's Mark sugden commercial consultant and Danny Balon product consultant of the

106. 51:04

     central bank with the talk usn stability and utility welcome yeah exactly um cool so yeah I'll let you start off with the intros Danny or the main man um nice to see everybody here and it's especially cool to see so many people because on one hand we've got the crypto winter happening on the other hand it's Horus hell I would have used the f word but it's the H word

107. 1:00:19

     and for exactly you send or near and do vice versa this will allow among many other things like locking a lot of liquidity from outside into the near ecosystem it will allow to make the payments happen as easy as transacting I don't know dollars from your wise car to wise color revolts or from a visa to a MasterCard um the story is about function over form so usn is not another defy bubble product

108. 1:00:51

     you send a trustworthy with battle proven stable coins as collateral it's extremely user friendly and outstandingly highly liquid these are the four key points that DCB pays attention to and does all the development business-wise marketing and actual technical development considering these points so something we're pretty proud of uh the version two has been live around four weeks um give or take a few days and we've already got 125 million circulating

109. 1:01:25

     Supply um which is quite good in these market conditions right um as well as 3.5 million daily transactions um so that's something that we're very proud about as well and of course our good friends at ref Finance have a good stable pool going I think that's out of date actually it's about uh 170 million or something like that there in the stable pool um so building up good good liquidity

110. 1:01:49

     with minimal slippage there which is absolutely uh Paramount to the long-term success of it now last one the call to action some of you guys are Builders some of you have projects already um talk to us you know if our details come and find us we'll be floating around the boat we um and talk to us about how you can integrate uh usn into your platform payments app or anything like that and

111. 1:02:15

     of course if you're building a new project and you're raising money from VCS ask for usn like that's that's a given right absolutely so they can they need to provide liquidity so they can get usn build up the ecosystem everyone wins absolutely um the key thing here is usn is an ecosystem first project right sure Denny and I are helping decentral bank with usn but it's near first and foremost this is for the strength of The

112. 1:02:42

     Wider ecosystem um and only by working together will we achieve the success that we really want to so um thanks very much for listening I think we've got some time for two or three questions if do we have time for a question thank you so much sure we have time for a question just want to send you I just saw all the parts of usn from zero point till the lunch and you're doing an amazing job thank you

113. 1:03:06

     so any questions no I are you sure yeah I believe that someone have hey thanks for the presentation so the question is how do you prevent Oracle from running oh excuse me prevent what Oracle from running Oracle foreign running the oracle I think we've got somebody who can uh explain a little bit more about oracles here um yeah uh it's really important to understand that um uh initially in uh usn V1 we had a

114. 1:04:00

     pretty complicated Oracle with at least few layers of defense against front running currently uh we're in a transaction phase where we're moving away from phase one with the near and usdt towards fully used the T color to rise and then a basket of stable coins So currently uh the minting happens one to one without usage of Oracle but we're on our way of uh developing a really nice solution uh with the whole with the help of the whole uh near uh uh community

115. 1:04:33

     that will be defendant uh defended from front running on several layers uh but to be clear that is the extremely important point that we're considering from the very beginning thank you any more questions guys um obviously USM thank you thank you so guys we will proceed like in one minute we have next speaker just need to reconnect everything after electricity get down so we're trying to get back in the YouTube stream I think

116. 1:05:31

     everyone already has sound but we are still can see a picture yeah thank you okay I'm ready to present you our next speaker Didier Perroni product manager of ref Finance with stock Reflections on device six months predictions welcome hi guys thank you thank you yeah hi everyone my name is DJ very excited to be here I'm the project manager of refinance which is the first automated Market maker built on here and uh yeah one of the top in the top 15

117. 1:06:24

     Dexys uh today with 250 million in TBL so I'm gonna try to talk about well that's slow speaking of here right which is one of the fastest layer one protocols so you want protocols so I think this was interesting because when we have a look at real demands fortified protocols which translates into well trading volume well the X volume is you know taking some shares in the overall Market compared to sex volume but still it's still very uh low right because when you use guidance for

118. 1:07:07

     example it's it's so fast so when we build uh D5 things I think one of the one of the top thing to think about is user experience so what's next and what I'm excited about uh the first one is proof of acknowledgment right how many in your life ah well I do accept or I confirm uh certain things you signed right thousands you thoughts hundreds and why is that because you you want to give a

119. 1:07:43

     clear concept of well and I do understand that if this protocol is hacked then I'm gonna lose my money right so I think this is a great example of what's will happen within the defy space right because you can we can for example if we have a norm with an ombudsman within uh the space that collects every standard for proof of acknowledgments then we can basically give access to the products if those

120. 1:08:14

     addresses have signed like a concept A Concepts even better is proof of attitude right if I want to use like a derivative platform then do I know what's uh leverage for example and let's say well I'm gonna do this test on Shen and this test is going to be recognized on chain and I think that opens a lot of possibilities right that will reduce the gap between what's happening on Shen and the real world and I'm very excited about this uh and even for insurance

121. 1:08:48

     protocols right because you can basically say well this user I'm gonna make I'm gonna have a discount for him because I know that he knows how to use uh leverage for example or is going to pay your premium because he hasn't used because he hasn't passed this specific test right another topic is smart incentives well vitalik has been talking about it for months now and generally speaking a case against CBO

122. 1:09:20

     attacks right which is the ability for someone to gain the system by creating you know thousands of addresses for example to claim uh an airdrop so I think right one one of the investors of ryburn Finance managed to actually get 2 million in each by doing CBL attacks and then because they've been exposed they returned the phones but this is a major topic right how can we improve the incentives and

123. 1:09:52

     basically the the faster is the blockchain and I mean yeah the faster is the blockchain the more we will have this kind of CBO attacks because the cost of doing that is quite low so I was talking uh to Mark um and for usn I think there is a great example for example having a look at all stable coin users on near that haven't used usn yet and there are 5 000 at the moment so that's an example of those stable current users that have used the bridge if you want to

124. 1:10:26

     incentivize users coming from ether room for example so I think this is coming for sure another one everyone has heard about it obviously it's real Time Finance uh so I'm getting my salary in stable coins but I would be very interested in getting my salary in real time so everyone knows sablier on it for example we have rocketo on here and basically the ability to stream salary I think is

125. 1:10:58

     a very cool topic because you want to you know take advantage of your money right now the second one is and I really love these codes uh the slogan of actually during analytics the future won't be reported quarterly and the ability as a protocol to give you profit and loss uh you know in real time or you balance sheet in real time um I think that's the future right so we are building this at refinance too defy as a bridge versus as a purpose so

126. 1:11:32

     I think the more um the more protocols we have within the ecosystem and the more legal money the more D5 will be used as a mean to uh well to to get something right so for example sweat economy is building this uh world to earn system and I think those users they will use defy maybe to just swap their sweatcoin for stable coin or maybe you will use D5 to pay uh institutions for example or service

127. 1:12:04

     providers so D5 has a bridge instead of uh versus as a purpose the other one is business to business focus so I think this one is a good example um at near this calimero which is a private child built on top of near and I'm excited about this one because we can build uh like many pools for institutions on this private Shard and basically they will have you know know your customer with institutions the phones won't be mixed

128. 1:12:36

     with retail customers so we can basically yeah develop solutions for businesses on shed and the last one is capital efficiency versus TDL so everyone is obsessed with TDL but we've seen that with uni swap concentrating liquidity for example they've managed to increase Capital efficiency by a factor of 10. so this is something we are really focused on at the moment and I would say all those yeah seven items are what I think will be next for 2022.

129. 1:13:14

     do you have any questions guys on that 50 persons of the swap commission refinance will still have a referral fee to do that so yeah I think I only see positive things with more protocols coming thank you thank you any other questions guys no seems now thank you so much and just before we proceed I wanted to remind you that you can get some air drops of near tokens on your wallet it's

130. 1:13:54

     upstairs we have quiz it's a near Garden Club so you can choose a card and it's like kind of Lottery just check it out and also we have a puzzles uh it's like brand Twister so you need to solve the puzzle and you will get an airdrop of your tokens and I'm just gonna check if we're ready to our next speaker and we will proceed are we ready perfect and I'm happy to present you our next speaker MJ head of product of proximity Labs we stock defy

131. 1:14:26

     on near welcome thank you um just a quick heads up to all the friends here who do not speak French since we are in the beautiful Paris right now so this presentation will be delivered in Mandarin Chinese um I'm just kidding uh hi everyone my name is MJ I work at proximity as well so today we're gonna talk a little bit about defy um near and before we get started just a quick a few quick words

132. 1:14:56

     on proximity so proximity is one of the many ecosystem funds on here and we are specifically focused on the D5 ecosystem and as an ecosystem funds there are usually three things that we aim to achieve number one is supporting talented teams and developers who may want to build on here right if that sounds like you and if we have not talked before we would love to set up a chat and we provide both monetary and non-monetary support including but not

133. 1:15:29

     limited to you know technical advisory Community Building fundraising and so forth and number two proximity is also a research and development firm we have a very solid engineering team in-house and we basically research develop and publish open source solutions to some of the challenges in the ecosystem for example if you have attended or watched the consensus conference from last month you probably have seen a demo using

134. 1:15:59

     metamask so you can show a near wallet and interact with one of the D5 apps on here right and that's actually an experimental project from proximity and finally as an ecosystem funds we work very closely with all the key participants of the ecosystem and try to build an ecosystem as robust as we can and there are actually a few of us here at this event so if you have any questions about proximity about our programs or about you know the D5 ecosystem in general are near uh you

135. 1:16:30

     know feel free to come find us and we would love to chat all right so answer the good stuff uh let's talk about the default ecosystem on here I would like to start off with some high-level numbers so just to give you a little bit of context here about a year ago when a lot of the initiatives on here were just getting started our TBR was about a million dollars and now a year later our TBR has peaked over 2 billion dollars

136. 1:17:00

     and there are 47 D5 projects that are currently being tracked on D5 llama and a year ago there was just one uh take a guess which one was that exactly that was reference our largest AMA amm on the air um and through the Rainbow Bridge there were over three billion dollars of assets that have been bridged and this number could be even higher if we include some of the other Bridges so one year right why would you want to build a D5 app on here so there are a

137. 1:17:34

     few things these are just my personal take number one is fast finality so near has the fastest finality among any layer one blockchains which is currently between one to two seconds and if we think about it right this is a difference if you are building a financial app because in this case the speed can really impact your p l or the usability of your app right and number two is future proof scalability through starting so as you may know near has a router map for sharding which includes

138. 1:18:05

     four phases and this really ensures that the blockchain continues to you know scale as the ecosystem gets bigger and bigger and I'm a serious flexibility um so near gives developers the flexibility to choose the language that they are comfortable they are comfortable with right for example uh you can choose any language that compiles to webassembly obviously rust being the most loved one here right and we also recently added support for JavaScript which is supposedly the most

139. 1:18:37

     popular language so we have both the most left and the most popular language here you can also use any language that compiles to evm obviously solidity being the most dominant one here you can also use something like substance on top of a product called octopus Network and finally last but not the least this could be a little bit controversial but personally I strongly believe that near has the best user experience across any

140. 1:19:08

     later one and layer 2 blockchains um due to its you know lightning fast speed low transaction cost you know mobile exp you know best in the class you know mobile experience onboarding experience and uh and so forth and this may be something you have heard of already but basically there is another aspect or another environment on here which is called Aurora so Aurora provides the ethereum compatibility on top of the you know lightning speed

141. 1:19:39

     scalability and the user experience provided by the near blockchain you can think of Aurora as a you know ethereum compatible layer 2 on top of the you know you know layer one blockchain even though technically speaking Aurora is not a blockchain by itself it's just a intelligent smart contract and as an you know as an ethereum developer getting started on Aurora as as simple as you know changing your RPC endpoints all right so here is a quick snapshot of

142. 1:20:09

     the near defy ecosystem at the moment um so as you can probably gather from the categories here that uh you know the focus of the ecosystem over the past year has really been you know laying in the groundwork building the infrastructure and making sure that we have all the you know key components that will enable us to build some of the you know more complicated use cases that

143. 1:20:32

     we dream of so we have some really talented teams building amm amms on both near and Aurora and we also have three prominent money markets at the moment and the year has also been investing heavily in different types of liquidity infrastructure which we believe is key to the growth of the ecosystem this includes liquidity staking protocols and the liquidity as a service protocols and so forth and finally you may be aware that there

144. 1:21:02

     are also three order books that are in different phases of launching on here um which I believe you know could be a you know the biggest differentiator for our ecosystem and also they also demonstrate the power of the near blockchain all right so on to the automated market makers as I mentioned we have some really talented teams building amms on here in Aurora right now so ref is the

145. 1:21:27

     first and obviously uh you know by far the largest amm or near native and despite the current market that we are aware of ref continues to hit all-time highs in terms of tvl and the rtvl actually grew three times year to date and also it was mentioning that ref also recently announced their V2 tokenomics which I think is quite interesting because it evolves from the original you

146. 1:21:52

     know ve token model uh pioneered by the pro the curve protocol so if you're into tokenomics definitely you know take a look and then we also have trisolarius which is the largest amm on Aurora and they also have been continuously growing and they also recently launched a stable sweat which is getting more and more attraction and one thing I found very interesting is that ref recently launched a new

147. 1:22:17

     feature that Aggregates the liquidity uh on both refinance and the tri-cell areas right so this enables users to trade in both environments within a single place right I think this is a very exciting First Step that demonstrates the you know the compostable future of our ecosystem and we also continue to see projects of really high qualities launching on near for example we have jumbo which is now live on the near Mannix and also a curve recently launched down Aurora

148. 1:22:50

     it onto the money markets and as I mentioned we have three prominent money markets at the moment uh Bastion is the largest one on Aurora and they have crossed 550 Millions um in that deposits uh you know at the peak and they also launched a stable swap recently for the RC tokens uh if you're not familiar basically C tokens represent users deposits in Bastion and I think this is very interesting because now users can easily swap their C tokens

149. 1:23:20

     using the swap right and in addition they can also use their C tokens and to provide liquidity in a stable strap to earn additional apis and I think this is a very interesting development because it expands the use cases of typical money markets and we also have the other two which is a Borough and origami so borrower is the largest and the first money market on near native and origami is on Aurora and they have also both topped 500 million

150. 1:23:50

     TBR at the peak so as we all know decentralized money markets is one of the you know key foundational building blocks of a diva ecosystem so I think the growth here is just the beginning um and also as I mentioned earlier uh near has been investing heavily in different types of liquidity infrastructure um and it's really exciting to see that a lot of the groundwork has been laid on really early uh in the process so now we already have two live

151. 1:24:20

     liquidity sticking protocols uh metapoo and linear and we also have two on the way which is slido and stator So speaking of stator I actually believe they are very close to the launch in a matter of days if not weeks so metapoo is uh the largest liquidities taking protocol at the moment and despite the current market uh their TVR continues to grow in near terms which we consider the more important term uh for a liquidity sticking protocol

152. 1:24:51

     and we also have Rift which is one of the first liquidity as our service protocols in the entire Market not just on on year and uh rif has been working very closely with some of the projects on the Aurora side basically helping you know teams and projects to bootstrap liquidity of their tokens so this is really exciting to see because this is the kind of the infrastructure that will

153. 1:25:16

     really enable our ecosystem to to grow as it gets bigger and bigger and also as I mentioned earlier there are three other books that are coming to near so first we have tonic and spin which are already live on the minute and I think uh spin also recently launched a purpose trading on the test net and we also have orderly which is currently live on the test net and you may have heard uh of this already you know oddly also recently

154. 1:25:48

     announced a 20 million dollar fundraise from some of the key participants um you know key supporters of the ecosystem and their first app will be in the U Network which who is uh you know which is you know contributing heavily to the project and it's a very interesting technology um you know geared towards market makers basically they have you know off-chan Auto matching and Unchained Settlements

155. 1:26:11

     a very interesting design pattern so yeah so definitely keep an eye on these three projects and teams as they you know continue to grow and contribute to the ecosystem and you've also heard about usn which is the you know the stable coin for the ecosystem and uh you know they have been uh growing you know steadily and strongly which recently crossed 100 million Mark in total Supply my numbers it can be a little bit stale here uh by the way and the number that I am mostly

156. 1:26:41

     excited about is that the uh the you know the liquidity between usn and usdt on refinance has actually exceeded the total supply of usn which to me is a very you know healthy indicator that shows you know the growth here you know has you know strong Community Support and personally I'm very much looking forward to the you know to what's next uh you know for U.S stand and seeing it

157. 1:27:06

     getting integrated deeper and deeper in the ecosystem all right so um as you can see you know the focus of the ecosystem over the past year has really been you know on you know building the infrastructure you know making sure that all the Lego pieces are in place uh so that we can continue you know you know build on top of this infrastructure so to me the next step here is to you know build on top of this layer and make everything integrated and more usable so uh you can see a screenshot from a

158. 1:27:39

     vaporwave here which is when one yield aggregator on the Aurora side we actually have a few yield and attacks aggregators coming to come into near uh and I think it's a very important category of apps that will make everything more usable and integrated and I also mentioned the three other books that are coming to near and then we also know that the derivatives is the most traded asset uh in the entire market right and wow there are some you

159. 1:28:08

     know great Solutions using amms or other you know design patterns it's no surprise that the solutions using the order books model have seen the most success successes so we are excited to see uh the three other books um powering some of the solutions for trading derivatives on here and we've also talked about usn so um yeah I'm looking forward to more tooling and infrastructure getting built around us then and make everything more you know usable more integrated and more

160. 1:28:40

     powerful and last but not least it's no surprise to anyone that's from the very beginning near has been investing heavily in you know different kinds of cross chain infrastructure including the Rainbow Bridge Aurora and octopus Network right and we are excited to see you know teams leveraging this infrastructure and building you know interesting projects on top of it I think it's uh you know it's a multi-chan word it's just a matter it's just you know effect uh and uh in

161. 1:29:11

     addition to that we also uh excited to see uh some of our assets like you know us and and near getting used and getting integrated deeper in some other ecosystems right all right so that's a wrap uh just just a couple announcements uh as you may know there's a D5 happy hour tonight at 5 PM I think it's on another boat across the river and uh there are you know quite a few of us uh from proximity who will be there so if you have any

162. 1:29:41

     questions about proximity about our programs or about you know the D5 ecosystem on here in general uh please you know come find us and I think um you've heard about this earlier that near account 2022 is also coming in September uh this time it will be in this one so it's the you know the largest the most attended and you know the most elite near events of the year uh I think you know most of the key uh participants of the ecosystem will be there so uh if you're a developer we

163. 1:30:14

     actually also have a hacker House program at the conference so if you get accepted I believe you will get a stipends to cover your chip to Lisbon um yeah and obviously proximity will be hosting a large party there as well I heard that's you know we have some you know some of the best DJs from Europe and the venue will be lit so yeah so definitely check it out um and we're looking forward to seeing you there and yeah if you want to get it connected you can find me on Twitter you can also

164. 1:30:46

     find proximity on Twitter thank you thank you thank you I think we will have a perfect match with our happy hours because ours finished at five so we can just move to another perfect guys do you have any questions great uh you mentioned you were funding solving the more difficult problems that people were having on your network what are these difficult problems or what's the most difficult one you're dealing with at the moment yeah that's a good question uh yeah we can take this offline because it can be quite quite lengthy but I think

165. 1:31:26

     um in an ecosystem they're you know often there are problems that um you know the ecosystem need but you know by itself it may not be a you know a profitable product or project so that's no one wants to view that so that's a definitely one area that's proximity will be looking into to make sure that you know it could be some kind of you know middleware you know you know pieces that are missing in the ecosystem

166. 1:31:51

     thank you okay guys I think we are almost ready to proceed everything is ready okay I just wanna to remind you that you have a chance to get 100 euro deposit in nearest Workshop they have like a bunch of cool stuff you need just to make a photo in front of the boat put it in your Twitter and check near UA we are we lay down the results on the 22nd of July and I am happy to announce here our next

167. 1:32:23

     speaker Rado check on developer of borrow Dao with the talk Supply borrowed right uh yes I will present today borrow more of cash how many of you already use Borough so far nice good so around 30 okay for the rest of you this is borrow so it's a decentralized non-custodial pool based liquidity protocol so it has all the advantages of near its low gas fees it's high speed and has friendly ux and now I'll do a demo it's not live

168. 1:33:23

     unfortunately I recorded before because the connection was a bit flaky today and let's say I have this 13 year in my wallet right now and I want to to borrow some if and I will go to borrow I'm already connected here on this account and I go to deposit and I will right now have nothing in my portfolio and I start to to deposit some some here and I say okay I'll go 10 or 20 let's go

169. 1:34:03

     with 20 near I use it as a collateral so later I can borrow against it and okay deposit it will take a few seconds and a few cents to do this and right now I have it here in my portfolio so I have 20 near so next I will want to borrow some if so in order to do this I go to the borrow page and I select the it from the pool uh I can borrow against around 75 of my initial collateral

170. 1:34:44

     say I get 0.1 near which is around 40 something dollars at this moment okay approving and it's done and I have some it in my account and now the next step for uh more Indigent friends let's do something else so I already have left in my account around 10 years so I'll stick this near in metal pool which is something like it's a liquidity protocol for State like something like lidon on East side I will stay here

171. 1:35:31

     um let's say nine or ten ten uh near I'll have like around 10 percent of API from the pool I stack nine eight or nine years sorry and now I'll have it in my borrow account my borrow portfolio nine State eat here okay and with this I can I can deposit this stake near into borrow and also I can use it as collateral and borrow something else against it so basically I already have

172. 1:36:24

     my new state I get some API from metapool and also that state state here I have it here in Borough and I can borrow against it and let's say I want to borrow some dollars from US dollars so if I go to borrow page I will say I will see here uh usdt or and usdc so let's say I want some usdt but I'll try to borrow esdc because it's cheaper at this moment so I'll I'll borrow some usdc uh I get like let's say 50 50 dollars

173. 1:37:08

     and confirm approve and I will have 50 usdc in my portfolio well initially I wanted is the USD and right now I'll go to ref and swap it for usdt so I'm here in my in my ref account I will use all my USD C which is almost 50 dollars and swap it with a very low slippage on for usdt and it's done easy peasy and I have it here in my in my near

174. 1:38:11

     wallet they used it the and let's next let's go let's um Bridge it to to know these dollars to if native so I use the Rainbow Bridge and I have my near account connected and my if account connected and I can see that right now it will cost me a lot thirteen dollars to bridge it if I continually and I choose to use the D and I'll continue it and basically I will transfer this to my my uh Native near native if account will take a while

175. 1:38:54

     right now a few hours so uh yeah that's that's my demo for today in five minutes basically I managed to uh to swap to borrow and to transfer from here to if with very low fees and basically near real time thank you any questions thank you so much so I noticed the apy is quite high is it real uh the API it's in that moment it depends on on the market conditions it's uh based on uh free economics but it's on the minutes

176. 1:39:46

     right yeah everything was yeah thank you do you have any other questions oh thank you so much thank you thank you for your presentations okay guys we have three more speakers left before the happy hours so I'm happy to present you uh Georgia founder and Lead researcher the user research doll with the talk driving adoption through the user research welcome dirty thank you hi everybody

177. 1:40:28

     nice to be here I can see lots of hot bodies and we're in the coolest bit of the boat so that's lucky uh I'm Georgia rackerson um I'm a user researcher founder of the user research Dao I'm hoping that this talk is going to be really relevant for people building in the space um so let's get on with it a bit about my background I've been supporting the web 3 ecosystem for about five years now exclusively running user research for

178. 1:40:54

     these kinds of teams is the obligatory logo salad here um I used to work at consensus they now do quite a lot in Neo instead and my background is in the traditional sense as a user researcher doing things like B2B UK government Finance e-commerce all of that good stuff um so uh what I'm going to talk about is the important of user the importance of user research for product adoption and just want to make this super clear to everybody um that when we talk about user

179. 1:41:26

     experience everyone knows user experience is one of the biggest blockers to adoption in web3 but what they don't know necessarily is what is user experience it is not just your UI so sometimes people get a bit confused with well where are the buttons placed is it understandable rather than thinking about the fact that user experience is about every single touch point a user has with your product on it of it what they do beforehand the context of the other project products

180. 1:41:55

     that they use and it's also about how it's weather it solves a real problem for people too um product Market finding product Market fit involves actually going and speaking to users and this is the bit where the user research uh comes in um finding ways to validate your ideas and what does user research look like what I'm talking about is an interview with somebody sitting down having a one-on-one conversation with them in an

181. 1:42:27

     open-ended way or observing them use the product that you're doing and user research is about course correction quite relevant here as we're on a boat so if you imagine your product team and your product is a boat a ship and you have a destination in mind something in sight you think this is where we're going to go you need constant course correction in order to get you to your end destination you can't just expect to set sail and end there and the cool thing about doing

182. 1:42:57

     user research along the way is it injects that course correction to stop you wasting time to save money on all those developer salaries and contract Audits and whatever else it might be and you have this team alignment around a common understanding which is often an underlooked perspective of user research the value of coming together and having this shared knowledge that helps you

183. 1:43:21

     move in that direction and I promise you if you do this you're going to have advantage on the competition when I first worked in web 3 there are about 10 people in the whole of the world doing user research in the space that has increased but most product teams are not doing this so if you know something about your users and to can validate your product Market fit you're ahead of the competition and on the note of this course correction idea you may well find that you get to a different destination one

184. 1:43:51

     that you hadn't expected to get to but actually is more appropriate so what makes good user research in these conversations one-on-one with people you want to understand what their needs pains goals behaviors are you might want to observe them using your product like a demo doing a figma prototype concept testing in order to identify ways you can improve it and it's got to end up with a plan of action it's no good if you do all this research and then you just don't do anything with

185. 1:44:23

     it and that is often a failure of teams but what it is not it is not collecting opinions everybody and their dog has an opinion and um this is not useful opinions are not based in our real lived experiences as well so we adopt lots of opinions like for example let's say uh your product's main value proposition is it's decentralized it's a decentralized version of X Y or Z and for a lot of people they will tell you

186. 1:44:54

     decentralization is really important to me I have interviewed Bitcoin core developers who've like unbanked themselves you know so privacy focused but still use Facebook right so you can't rely on people's opinions about this stuff you what you're looking for is their real lived experience to teach you what you need to know um and it's not getting people to futurecast would you buy this if it was available how much would you spend on it

187. 1:45:20

     these are questions that you can't get good answers to it's much more useful to ask someone about their previous experience in a similar situation and use that to project forwards I like to use this um illustration I hope you can see it the difference between quantitative and qualitative research data so I think this diagram kind of spells it out quite well this is a bit like a product team

188. 1:45:46

     launching a product they put it into the wild and they go it's amazing why wouldn't anyone want to use this but then you can only find out why through qualitative research why don't people use your product why are they not adopting it this is why it's so important to do surveys suck please don't send a survey as the first thing you do trying to get information from your users they are ubiquitous we get asked all the time complete this survey tell us how we did

189. 1:46:18

     you know so we've um kind of adopted not we as in web3 the world has adopted surveys as some sort of really useful method for collecting data the problem with it is that it's really hard to write a good survey you are trying to fit people's answers into neat little boxes and people are messy it's much better to find out a bit about those users first and then survey at scale later um another Factor on this is that you're quite unlikely to get a very highly

190. 1:46:50

     statistically significant number of responses unless you're doing something you're spending quite a bit of money at this effort right so I guarantee you if you have a conversation with five people you will learn a lot more than surveying 20.

191. 1:47:06

     so some considerations for working in web 3 that you need to be aware about when conducting any kind of user research or validating your product Concepts is that users have an unusual amount of sway in web3 in web 2 there's a lot better delineation between users and makers of things but like in web 3 that's Venn diagram the circles are very close together and there's a lot of crossover this means that users will tell you what they think you should be building especially people in your

192. 1:47:41

     community which leads me to my second point which is that teams should not confuse token holders with users these are not the same things and if you only listen to this group of people you're going to get all the wrong signals because they're going to tell you what they think you should be building in order for the price of their token to go up not what is actually going to bring value long-term value to a specific

193. 1:48:06

     group of users who you intend to use your product um one other thing about this as well is privacy so um you know can you do user research and ask people all these in-depth questions if they want to remain private um yes you can in fact it's actually better than doing a survey where you're collecting lots of data that you're not going to store in a secure way and just have you know in a shared drive with your teammates actually doing one-on-one interviews is a very privacy

194. 1:48:40

     enabling method because the user is consenting to tell you the information they're happy to one thing I would say though in my interviews that I do very often users prefer to have their video off um I always have my video on I can't be anonymous in the space and that's because there's no reason for somebody to trust me and give me lots of information about themselves if I'm not

195. 1:49:04

     giving them something about me too so here's some tips if you are designing or building a product you have a concept you have something live right now which has hundreds of thousands of users um the first bit for doing any of this validation yourself is finding the right people to talk to and this is the number one stubbling stumbling block for teams the first thing you need to be doing is

196. 1:49:29

     defining who that Target user is by their behaviors right so not it's men who are aged X and live why that's not useful for you it's much more useful to be thinking about the behaviors they exhibit that qualify them as a user for your product so web3 developer working with a particular tool in their stack or it might be a crypto native user who participates in unchain governance for a particular protocol

197. 1:49:58

     uh write write a few questions that we'll find out if the person answering fits that profile and share it widely um Discord telegram Twitter find those people and remember that you need to be considering the user experience for the participants in your research as well so this means being upfront with them about what's expected of their time you know what kinds of questions you might ask

198. 1:50:24

     them that you're not going to ask for their seed phrase that whatever you know like helping them build trust in you and also making sure they know that you're going to pay them and paying people it sounds like oh why would I pay people for this insight about them it's the cheapest way of getting really really valuable data so if you only talk to five people which I'm going to talk about in a second you're going to you

199. 1:50:48

     know it might cost you three hundred dollars about three hundred dollars is will be the best 300 you spend if you do this um accurately so who could you be talking to your existing users um profiled non-users so these are the people you wish were using your product but aren't they might be using competitor products they might hate your product they might have stopped using it for a particular reason going and

200. 1:51:14

     finding out information from them is brilliant really really useful and remember be wary of those fans and token holders they're not necessarily your user and avoid I mean it's a small community so we all end up knowing each other by a few degrees of separation but avoid talking to people that interviewing people you know personally get your co-founder get somebody else to interview that person if you think that their insights are going to be really valid you need to do it just you don't

201. 1:51:45

     do it because you're going to have a lovely conversation between friends but it may not be an in-depth truthful conversation so and you're going to make assumptions about what you think that person is you know thinking and feeling and you might miss some of the Nuance that's needed so asking good questions these are just open-ended and exploratory tell me about the last time you deposited usn into X protocol then what did you do how did it

202. 1:52:14

     make you feel once you found the information on the median article whatever these questions might be describe to me show me how they're really really simple simple words to use that are understandable and they'll really help teams get to the answers that you need and I'm just going to talk a few a few researcher tricks of the trade here so this is when I'm interviewing somebody or I try and use all of these the first

203. 1:52:39

     one is the five wise this comes from a concept called root cause analysis which is uh helping to determine what the real real reason is for why something went wrong on the production line but in in interviews you can use it for really diving down to understand the innate reasons for why people do the things they do because it probably isn't the first thing that they say to you this

204. 1:53:02

     doesn't mean that you say literally why five times you're not a robot but you know sort of encouraging more depth basically the boomerang technique so this is really useful sometimes users or people that you're interviewing are going to ask you questions about uh your the product itself well if I press this button will this happen so to avoid explaining anything allowing them to be

205. 1:53:27

     the expert you ask the question back what do you think will happen when you press the button and then they'll just go off and continue talking about it so you put the power back in them to be the authority of their experience silence is very important just like creating space sometimes I pretend to look busy making notes when I think there's more to be said and that user hasn't said it they're likely to fill

206. 1:53:50

     the Gap with the with their voice and then of course if you can't you know you just want to know you know did you see that button there did you did you see the piece of information that you really wanted to find out about and they haven't mentioned it at all you can use the Columbo technique which is I just need to find you know you try this right at the end uh when you've tried other things that haven't worked

207. 1:54:15

     so um just very quickly I'm going to talk about user research support for anyone building in Nia um so oh no back here we go so the user research Dao um we are a group of expert user researchers all versed in web 3 I've been hunting them down and bringing them into the fold and we are supported by Nia Foundation to deliver user research support to teams that looks like office hours

208. 1:54:43

     um training uh We've recently done quite a bit of training for folks and these are the kind of questions that we can help people answer you know about finding product Market fit about understanding how people use our our products and uh why are we not achieving adoption and retention it's one of the big questions that comes around again and again um what features should we prioritize in the backlog all useful questions for

209. 1:55:07

     product teams to know the answers to um there we go so we've delivered training for 20 near funded teams so far um we've been doing research for Pagoda verida and near blocks coming soon near University simplify and a product called Cora as well so very excited about this if you'd like to book time uh to talk with me you can do about your own products if there's something in particular in particular that you want to discuss uh considering user research

210. 1:55:41

     and of course you can always find me on Twitter where I am around thank you very much thank you so much thank you so much I think it's really useful for everyone so guys if you have any questions come on I think everybody a little bit tired oh we have a question um thank you so much for your talk really insightful my question to you is um what are the best ways to get user research do you think surveys is a good maybe first starting point first and then you go down to like maybe focus

211. 1:56:26

     groups and then behavioral I don't know um checking like what's what's the best process of starting to get like your best user research to find out who is the perfect user for your product um so the question is the question you want to answer is who is the user for our product right so if that's the case you have that question you need to start an internal activity of defining who you think it is then you need to recruit five people who fit that profile and

212. 1:56:58

     interview them first don't do surveys first it's not going to answer the question that you want focus groups are like really old hat no one in user research does them anymore just as uh as a heads up to people and like you know there used to be the time when usability testing was incredibly expensive and people had to build labs to do it you know things have changed it doesn't cost

213. 1:57:21

     20 grand now to find out what five people think about your product so there's really no excuse for not doing it thank you guys any other questions oh hi thanks for the talk like really cool I loved it I was just wondering about the user research though like very interesting idea uh I really want to get involved is it just like related to projects backed by near or are you open to like uh other projects that are wanting to build and

214. 1:57:55

     like still uh pretty earlier I I think it's Testament to uh Nia's Ambitions to be the most you know user-friendly and widely adopted um Network that they've funded the existence of the user research down it currently exists to support near Builders but it's um it's a test bed for a much larger dowel so what I am building now is a chain agnostic user research Dow that will create publicly

215. 1:58:27

     available research that will affect product teams across the entire web3 ecosystem because one of the challenges is is that research gets stuck in all these Silo companies they don't talk to each other and as a researcher I end up doing very similar research over and over again whereas we could just get some funders to fund stuff that will be applicable to everybody so um yeah get in touch and I can tell you more about

216. 1:58:50

     it okay awesome thanks thank you any other questions guys yeah I think we're running out of questions thank you so much Georgie that's great thank you Justin Lawrence before we proceed to our next speaker uh I just want to mention that we will be open like for two more days tomorrow and day after tomorrow tomorrow we will have Aurora day so we are open at um uh nine so and at 12 we will start Aurora office hours and at 1 30 we will

217. 1:59:34

     start office hours with Marik uh also and once 130 it will be investor office hours uh and we will start with our speakers at 2 30. uh it will be alexivchenko CEO of Aurora Labs uh maximsenkiewicz co-founder Atomic green Ian co-founder origami Json ma Director of Business Development elixir and also Marcelo fournette's protocol team lead Aurora labs for sure we will have happy hours as well I know that we are sold out on event drive but you can

218. 2:00:16

     just come and I'm sure that we will find a spot for you so we will just can let more people depends on our capacity and now I'm happy to announce our next speaker and my team will tell about building smart contracts in JavaScript welcome hello bonjour YouTube smash the like button subscribe to your Channel all that stuff there's a lot of videos from this Channel and we will tell today I will talk about the building smart contracts on JavaScript JavaScript

219. 2:00:59

     so sweet quick introduction I have some experience in King seconds if I came to New York through the hackathon joint near the Avril last year from this year I'm working in proximity as well which is defined Labs on year and build some applications on the near my net probably you use some if you are experienced you near user uh uh it's a bit outdated agenda but okay I will skip it so uh we are

220. 2:01:30

     what is near why should you build a new uh layer one blockchain which was built by genius developers few of them uh talk today and uh this blockchain gives uh like incredible uh scalability through charging uh it has proof says proof of State consensus carbon neutral have certification by Southpole and almost uh okay or very fast five block finality one to Second production time and uh very cheap transaction cost so only

221. 2:02:08

     fraction of sense okay we're on the boat if you don't know so it's interoperable with a serum uh you can have any data from a serum on New York from neural serums through Rainbow Bridge which is data breach you can transfer any tokens nft actually any data like Dow votes and you can even run your solidity code on near using Aurora smart contract which is evm compatible layer on on top of near so

222. 2:02:49

     Neo is a building simple secure and scalable blockchain and our major Target is one billion users in five years and of course we cannot achieve this without a lot of applications on top of new so we want to make great developer experience I will talk about it but before I want to show this screenshot from 2020 I I took it yesterday from abrahive so before we had all this stuff about Foundation about Innovation web 3

223. 2:03:21

     nft it was just a blockchain for Builders and if you see with the most developer friendly blockchain so I I guess we have some developers here and could you raise your hand who even wrote one line of code on Rust foreign okay the same and who knows at least as few who wrote at least one line of quote of JavaScript okay I think double so yeah uh when when we have this challenge between Russ and salisa for sure JavaScript it tooks a lot of uh

224. 2:04:02

     JavaScript is the key point to have uh on boarding of web 2 developers in the crypto space this is a story from the stock overflow quite popular maybe you saw it and rust became the most loved language sixth time in a row uh so people who even once tried rust they don't want to go to any other language they want to keep a building on Rust and that's why near gives a lot of attention to Russ Developers

225. 2:04:33

     near Coro is built on Rust with our rust SDK is the most mature the most real case applications built on Rust and open source so you can easily on board and if you want to learn rust you can come and build on your your application uh another second language is assemble script it also has this uh compilation to the webassembly so you can use rust and our sample script create a was a

226. 2:05:05

     binary uploaded to the new blockchain and the URL key a sample script is not so popular on a new record system but still a lot of at least two very big projects are built on assemble script and they also succeed so but the most problem here that uh this needs some attention for developers to educate themselves to find some new technology because they don't know and the same uh stack Overflow survey shows

227. 2:05:36

     that JavaScript is 10 times more popular than rust so it's it always have this first line of the popular rights for experienced Developers for the newbies developers so and that's why one team who built a new they made this JavaScript SDK because it's a language for to have this real Mass adoption already we have here we wrote seven billions but probably I think it's around 10 I saw some numbers of like 10 million people they know how to write a JavaScript code

228. 2:06:09

     it's very simple and boarding for web 2 developers like summer matters because there are a lot of education courses and a lot of some examples and also very good reward for this that you can use the same code and is the same code base on the front end and on the back end for example if you need some calculation on the front end and some validation on the back end it can be the same code so you don't need to rewrite it for example on the Run stand

229. 2:06:39

     on a gems for the react application uh so right now we have three developer experiments on new uh first this native assembly what we told before about rust and assemble script uh another is a solidity code you can create some binary and deploy it to Aurora and it will be available on your using Aurora evm and JavaScript virtual machine which I will explain now you can have your JavaScript

230. 2:07:10

     code and upload it to the JavaScript VM and it will be a real smart contact on new so we have three SDK right now uh for a sample scripts for rust and for JavaScript as I said rust is the most mature uh just that is the most is the newcomer so a lot of features will be built soon so this is a scheme on how JavaScript contracts may work if you have your the app uh so like for example imagine this is a website you send some for example some requests like I don't know write

231. 2:07:47

     some message on a blockchain it goes to our PC probably using new IP address which is a module available on npm then it goes to the runtime layer and we have a virtual machine for the webassembly and there is a one contract inside this JavaScript virtual machine it has its own state it has some code base so you deploy your code to the this like a container and then you can read some data write some data and it will be like in the real smart content but the source

232. 2:08:24

     of this code will be in JavaScript so here I wrote the work the workflow uh so you have some JavaScript contract like a vanilla code you can grab any code from GitHub it will be okay then you have to compile it and encode to base64 our nearest UI can help you to use this then you can deploy this contract and uh and use it in this isolated environment and click and you can pass some parameters as arguments and read some values as also and decode them and use in your application

233. 2:09:06

     uh uh and you will have to attach some near if you want to the right date the right data because of this stake storage concept on new um so one thing what I didn't tell before so this JavaScript webassembly engine was used from quickjs and all the pros procedure is very similar to Aurora the workflow cover works this is schema photographer but you can imagine that instead of Aurora it will be like a JavaScript virtual machine so very similar flow so probably if it will be another

234. 2:09:44

     popular language uh solid it's a JavaScript maybe something else we can maybe maybe it will be introduced on here in the same way how JavaScript in Aurora is working so the feature about JavaScript virtual machine is that cross-contract score here are synchronized uh it's demanded huge feature for the newer contracts maybe we will see new new use cases because of this and you can install about the covering solution what you told and you can install just through the npm to your

235. 2:10:18

     JavaScript application so here is the QR code where you can find a lot of examples which I will tell right now explain right now and some documentation uh so maybe we'll take it if you like it and let's uh check one uh actually three contracts uh in a short way on uh JavaScript so there is a website near dot Dev with some with some examples and one of this example is a status message you can just write your status on a blockchain like the activator status and uh you then all

236. 2:10:54

     the people will see it what what's going on with you so uh here we have a structure of files one is package Json where you can see like in your sdkjs here so we can we can load it from local repository or from internet and just one code index.js with the source code of this message uh contract uh you can build it easily with yarn you can test it so those stuff is very familiar for any developer uh so this is the code of this Staples

237. 2:11:31

     counter okay we'll just show some highlights so you will be familiar with the stuff the first line so it's a JavaScript code as you see so first line we have some import from the SDK uh we can load some things whatever we use below uh we have this decorator near beach dungeon uh it is like macros and it makes a function which we described below available from the public access so you can call it externally and it allows to serialization the civilization

238. 2:12:04

     the message and the data in the way how JavaScript 3M will accept it uh we have a Constructor function here we have on a implementation of our objects so here we will have some hashmap records then we have to have two functions Center and getter and we have some decoration that this is a call function this is a view function this naming is very familiar for in your environment so if we have call function it means

239. 2:12:36

     this function will update the state change something with the state view just return some so get function is quite simple quite simple we have account ideas parameter and we return uh this uh value of this key from the hash map if we don't have it we return now uh Saturn function is also actually similar here we have account we request which account signs this transaction it comes from the system variable here we imported it here and signed account ID is account which

240. 2:13:10

     actually the same transaction we have set of environment objects imported from this new object and we safe in our hashmap message on behalf of this account ID who finds a transaction this new york.log this is your lock is just a lock for a for a for a indexer for the Explorer you will see it like what what's going on on the user will not have it as a response of your call uh uh this is the link for the environment

241. 2:13:50

     variable which I show right now is near this is a link to the nearest so you can actually grab any code and put these decorators and upload it to the blockchain uh we have a lot of different stuff for example predecessor account ID or contract jsvm contract name some attached deposits block height block timestamp so you can find it all from the near object and right now there are

242. 2:14:21

     three connections included to the near SDK JS lookup map lookup set on the vector uh another one contract that I want to show you is a bit more complicated but it's a guest book so here there is a one object posted message this object contains three variables like is this message premium what text of this message and who sends this message so because this is object we have to make serialization uh and this is a

243. 2:14:54

     function how to deserialize this object from the contract State actually all the all other stuff is very similar just you are operating with the object instead of variable but still it's very simple JavaScript code and this is the way how you can work with this smart construct through the neuropages from your web application has a full documentation on our docs.org website the only difference here you will call not exactly the call methods

244. 2:15:25

     from your request but you will call method named call JS contract and encode your uh uh arguments with some special function uh you will can find it in the code this QR code link and very soon it will be just in introduced to new arpeg.js by default uh so this is a guest book what I just showed there is uh some uh front end for it so you can just uh send some some message and see a guest book for example

245. 2:15:59

     for their website this is the link for the example what I just showed and one stuff what I uh I I made myself when I played with this JavaScript SDK I made in four hours literally in four hours I made the game it had very clean uh backend and contract site so I just from the server side I updated the code and made it smart contract so it was a tic-tac-toe game and it was a server site with the logic and the front-end side with the UI so this is a

246. 2:16:42

     this is my commit to update the actually to to transform uh backend side to the contract as you see it's it's it's white so it means I didn't change anything it's just logic from the back end of the JavaScript game so how to find win or how I didn't change at all so just just pure logic from existing webto application and uh I used to existing front end and it just worked as magic so this is my tweet you also with square code you can even play this game uh so this is the power of JavaScript VM

247. 2:17:23

     I'm out of time this is the slide about uh difference with the Legacy probably we can skip it most things to come we will have uh you know standards implemented soon uh uh some cross-contract functionality is coming native support from internal tooling is coming so just stay tuned now I will show some resources which probably you will need if you will want to write some contact on your

248. 2:17:54

     dogs.net.org is the global database for all our documentation there is a search there you can find through all the support websites any topic you like to find we have near the dev is a database of existing examples most of them have UI and the contract with all comments and documentation with the full readme so really spend some some time play with it is there are useful and some meaningful examples there Explorer probably you will need to test

249. 2:18:31

     your transactions wallet you can create it on testnet for free play you will have some tokens inside and you will be able to test your code uh in your CLI if you want to submit some transaction from your computer I think all operating system are supported for sure Linux macayers windows uh near ipad.js is our library to work to support a UI so you can create manila.js or react or any angular view whatever you like and just import it and use it it will help to encode to decode values

250. 2:19:13

     to send some requests to receive response and show it uh and that's one important part of the stuff I I I guess we have developers here so if you know how to run a node how to bootstrap a server you can participate now in our stake Wars uh incentive uh and earn some rewards in your tokens and get some new token delegation to your mainnet node so the reason why these stake Wars is coming because we have next phase of our near sharding roadmap

251. 2:19:51

     uh it brings 300 new validators to the network and in order to keep this decentralization we're giving a chance to every engineer to boost up a node uh play this challenge game if you for every challenge you pass you will have some points and in the end I guess it will be beginning of September uh leaders of the challenge will just receive reward and receive delegation in your tokens for their note so they will be able to earn some commissions for the validating near mainland

252. 2:20:26

     uh this is the link or you just follow Twitter Google it stay course actually the third part uh all delegation I think most of the validator node went through this process before during stake Wars one and Stick Wars 2. and thank you very much with I'm working on devrel you here's the links how to communicate with us there are office hours there is a Discord chat also stuff from from the GitHub we are very open to help you build a new thank you so much ready thank you

253. 2:21:02

     guys do you have any technical or non-technical question to Adam anyone no no questions I think your representation is not just perfect yeah just uh reach us from the Audi overall teams can also can reply anytime thank you Adam um okay guys I just wanted to remind you that we will be open today as well I know that we are sold out and Eventbrite but you can just come and then we'll we'll find to try a spot for you I think

254. 2:21:37

     we will just uh let people in on our capacity I'm sure we will find a place for you uh our doors are open from nine tomorrow we will have some office hours with Aurora uh with Marik and also with the fund so join us and we will have a lot of speakers from Aurora um and now I think we're ready to proceed to the our last speech which I'm exactly wanna hear because it's about education which is really interesting in our speaker Sharif abushari near

255. 2:22:13

     Foundation education and talk past present and future of Education in the New York System all right thank you you thank you thank you how are these uh how are these slides gonna work uh-huh okay good so they just told me backstage that we have we're way ahead of time way ahead of schedule so I've got about an hour and a half to fill uh I'll uh I'll take it slow I like to hear myself talk I know Maggie is a fan of that um thank you so much for sticking with us all day today it's been an epic uh

256. 2:22:53

     boat tour with the rocking and everything I wasn't sure how I would handle that looks like we're doing well um so uh after vadim's presentation where we saw all of that code you might be thinking to yourself I can do that in which case you should immediately go and do that but if you're not sure how to do that if you're not sure what that code was about and you want to learn more

257. 2:23:17

     about near about how to build on near then uh you can come to me and uh and the Education team at near Foundation that's what we're working on right now so this is a brief uh kind of walkthrough of the past present and future uh of the of the education programs over the last four years and I I want to make this as boring as possible so brace yourself in 2019 actually you saw some slides from late 2019 and early 2020 with Vadim today which is such a treat to see those

258. 2:23:53

     slides still working we were focused on documentation and exploration so a lot of the time that we spent early on pre-mainet launch was really just engaging with the core developers on the platform so literally sitting down and interviewing some of the developers and asking them uh you know how did you build this how did you think about this can you explain this can you explain

259. 2:24:14

     that uh and uh and there was a lot of that kind of deep deep splunking we had the the luxury uh at the time of of having uh you know access to developers before uh some of these core developers went on to start other uh programs and So based on that depth of knowledge we built out the documentation docs.near.org currently maintained at Pagoda um and uh and a couple of other bits in 2020 we started focusing late 2019 early 2020 we started focusing on

260. 2:24:43

     workshops and events and so on-demand workshops basically anybody who wanted to give a workshop anybody who had an event and wanted to include some educational content we we did that a little bit of certification in 2021 we launched our near certified developer program and started engaging people in you know amas asked me any things things like that and then this year uh we are shifting Focus now with so many

261. 2:25:07

     ecosystem projects shifting our Focus to actually attach ourselves to these projects on mainnet and extract Lessons Learned From the projects so that we can help people who are coming into near speed up a little bit uh in in getting uh you know to a viable mainnet launch basically so so that's the that's the transition here over the last last couple of years and uh again I've mentioned some of these links already you may be familiar with some of these uh but this is this is basically the beginning uh and then a couple of

262. 2:25:40

     workshops if you're curious uh what those workshops look like these are active links you can go to uh I think you can see that bit.ly slash near sdkas and slash near apis um and um and then uh in terms of the content of those workshops those are fully self-paced you can go check them out they're almost entirely still relevant uh believe it or not because the surface area of near hasn't changed

263. 2:26:10

     in terms of the apis they've been fairly stable over the last several years and so a lot of the work that that is here literally is is working with with very few updates actually so that's been incredibly um an incredible Testament to the the depth of thought and the engineering that's gone behind this platform is the stability of these apis in my opinion uh and so um up until last year we launched near dot Academy which is a self-paced course and basically an introduction to near in

264. 2:26:40

     the lightweight sense and then launched the near certified developer program has anybody here taken the near certified developer program any near certified developers in the room yeah right on I take senior devs with uh about uh five to ten years experience maybe half a day to learn enough about near to build and ship a working demo on testnet which is a bit shocking for people coming from other ecosystems if you're a junior developer maybe coming out of a coding Boot Camp or less than a

265. 2:27:12

     couple of years of experience it might take you a week or two weeks to get your head around what's going on but it's safe to think of everything as basically a serverless function with a web front end so um here's what near Academy looks like and here's what the NCD landing page looks like on your University and so uh I'm very excited to talk about where we're headed next so we've had some good success with the previous content and I think uh the you know as you may have heard uh Ilya

266. 2:27:45

     mentioned earlier today a lot of the work that we've been doing has been kind of isolated uh you know to the platform and so on we need to break out of that and so in very much the same way uh to take a page from from his uh talk earlier uh we are really uh um talking about reaching out to projects that are on mainnet that are already running that have spent several months uh you know in in the weeds solving real main net

267. 2:28:11

     problems and extracting those lessons through interviews and conversations with developers review of their source code and commit history and so on to get a sense of what they're actually doing uh to ship these applications to production and then you know capturing that and encoding that into lessons so that people can come in and just uh you know save months hopefully uh by learning from those lessons so that's what's really exciting that's what's

268. 2:28:36

     coming up next and to help us with that we've gone to awesome near you must be familiar with awesomeneer.com where they were kind enough to provide us over the last uh basically a year and a half two years of visitor data which categories were the most popular uh and so this will be our uh prioritization basically we want to stay focused on the kinds of applications that people are interested

269. 2:28:59

     in they also provided us with specific uh applications that people are clicking on although I didn't include that here in the slide but if you want to get a sense of how we're going to be prioritizing our work that column on the far right is a good bet of which projects were going to come and talk to you first and so you might be wondering what can you do well you can help us Identify some of these top projects that are

270. 2:29:23

     interesting to you um and uh both ones that are live that you're using and ones that are pre-launch you can help us translate uh lessons into other languages So currently we have educational content in I think maybe six or seven languages today including English and so the more the merrier I think we should as an ecosystem aim for maybe top 10 languages top 15 languages on Wikipedia makes sense to me

271. 2:29:48

     um and then maybe you can help us create some amazing examples from the lessons learned so as we extract some of these lessons you might be thinking what else can I do I'm you know I'm a developer I have a team or I know some developers uh or or maybe you know a technical writer or someone who's interested in maybe helping us present some of this content and so there you can really help us take that and turn these into lessons so we we love your support there and then maybe building something yourself so

272. 2:30:13

     that we can come knocking on your door soon enough right you can find us online at near dot University and thank you very much thank you so much for your speech guys if you have any questions are you sure since we're running out of questions for today thank you uh I think we're ready to move to our happy hours I just want to thank everybody who's joined our stream on YouTube you can find a link for the next

273. 2:30:49

     today's stream in the same library and in our Twitter and now we can go to the our drinks uh it's downstairs and upstairs so just have some networking and we're waiting for everyone tomorrow and day after tomorrow uh just wanted to remind you that tomorrow will be Aurora day a lot of interesting things upcoming so join us and a lot of quiz near airdrops also will be available tomorrow and

274. 2:31:20

     today so let's have some networking and drinks thank you everyone foreign