Illia Polosukhin on NEAR as encrypted Ethereum
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About this video
NEAR co-founder Illia Polosukhin on When Shift Happens with Kevin Follonier.
Illia sums up NEAR in one line: “You can think of it as encrypted ETH.”
NEAR has “private smart contracts, private trading, private stocks”, and what you do there “doesn’t broadcast to everybody else.”
#NEARProtocol #Privacy #SmartContracts #Web3
NEAR is the Blockchain for AI Website: near.org NEAR AI: near.ai Intents: near.org/intents Chain Abstraction: proximity.dev Sharding: nearone.org
For the devs GitHub: github.com/near Dev Docs: docs.near.org Devhub: devhub.near.page @NEARDevHub
Connect with socials Twitter: / nearprotocol Blog: near.org/blog Medium: / nearprotocol #NEAR #nearprotocol #NEARAI
Transcript
76 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:02
Zcash is people call it private Bitcoin right the money that is private or encrypted give us a similar analogy for near you can think of it as encrypted ETH so we have not just now a specific Zcash cryptocurrency but we have private smart contracts private trading private stocks everything you do there effectively doesn't broadcast to everybody else so it's a private operating system on top of which application Private application can be built.