Illia Polosukhin: How near.com Keeps Every Trade Private | Token2049
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About this video
NEAR co-founder Illia Polosukhin on near.com, from his keynote at Token2049 Singapore.
"Everything you have in near.com is private. Your balances, your positions are all private."
Usually on chain, "everybody sees what all the assets you have and what trades you've executed".
On near.com you can trade confidentially and "go from any asset to any asset".
#NEARProtocol #TOKEN2049 #NEARIntents #Privacy #Crypto
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
105 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:02
Everything you have in near.com is private. Your balances, your positions are all private. And I'll talk about technology later. Now, it also means you can trade confidentially as well. Again, usually when you're on chain, you literally leave all of the information about your every single trade public, right? Everybody sees what all the assets you have and what trades you've executed. This allows to actually have everything private and you can go from any asset to any asset right Zcash to near uh USDC to whatever uh bitcoin etc.
- 0:37
And you don't need again think about the kind of complexity that executes underneath.