►
Description
In this Town Hall, the NEAR Foundation is celebrating the 1 year mainnet anniversary, the launch of the Rainbow Bridge and is announcing the upcoming EVM on NEAR called Aurora.
NEAR Protocol’s mainnet has been live for one year now, NEAR Co-Founder Illia Polosukhin looks back on the evolution of the mainnet. The mainnet has been fully community-governed for 6 months and keeps on getting more decentralized. The on-chain statistics also show very strong growth and more and more adoption of the network.
NEAR Foundation CEO Erik Trautman further explains what NEAR is and what it empowers.
“NEAR is the infrastructure for innovation which powers creators, communities, and financial markets to drive a more open, interconnected and consumer-empowered world.” This is followed by a rundown of what the creator economy is, and how that translates to the NEAR Protocol.
This Town Hall closes with the launch of the Rainbow Bridge, presented by Rainbow Bridge Project Manager Alex Shevchenko. The Rainbow Bridge is a tool for interaction between Ethereum and NEAR, allowing users to transfer Ethereum tokens from the Ethereum network to the NEAR Protocol. After the Rainbow Bridge presentation Alex announces the upcoming EVM on NEAR called Aurora. The Town Hall is concluded with an AMA with Illia, Erik and Alex.
0:46 - Town Hall Opening - Illia Polosukhin - https://twitter.com/ilblackdragon
2:19 - 1 Year Mainnet Anniversary
16:35 - NEAR is the Infrastructure for Innovation - NEAR Foundation CEO Erik Trautman - https://twitter.com/ErikTrautman
37:50 - Rainbow Bridge Launch - Rainbow Bridge Project Manager Alex Shevchenko - https://twitter.com/AlexAuroraDev
56:42 - Aurora EVM Announcement - Alex Shevchenko
58:11 - AMA with Erik, Illia and Alex
Register for our next Town Hall: https://near.org/townhall
Follow the latest from NEAR Protocol on:
Website: https://near.org/
Discord: https://near.chat/
Blog: https://near.org/blog/
Twitter: https://twitter.com/NEARProtocol
GitHub: https://github.com/near https://github.com/nearprotocol
#Blockchain #FutureIsNEAR #NEAR #nearprotocol
A
I
apologize
if
my
internet
is
sometimes
a
little
bit
slow,
so
in
case
something
happens,
but
it's
exciting
to
be
here
today.
We're
going
to
talk
about
actually
a
pretty
two
pretty
cool
events.
One
is
it's
been
one
year
since
our
genesis
blog
for
mainnet
and
as
some
of
you
may
know,
we've
had
a
rainbow
bridge
launch,
which
was
amazing
next
slide.
A
A
Today,
I'm
going
to
give
a
quick
overview
where
we've
been
for
it
was
near
for
the
past
year
and
then
I'm
going
to
transition
to
eric
who
is
going
to
give
us
kind
of
an
overview
where
we
are
going
in
next
kind
of
coming
coming
months
and
then
finally,
alex
fchenko
will
cover
in
more
detail
how
rainbow
rainbow
bridge
works.
How's
it
going
and
shows
us
a
demo,
and
then
we
will
do
questions.
So
let's
do
the
next
slide.
A
So,
almost
to
the
dot
a
year
ago,
we've
actually
had
a
genesis
block
for
near
mainnet,
and
not
everyone
was
here
back
then,
but
our
initial
idea
was
to
kind
of
bootstrap.
The
network
really
started
going,
what,
in
a
proof
of
authority
mode
to
actually
be
able
to
start
testing
all
the
infrastructure?
That's
built
around
it,
and
so
this
is
important
because
you
know,
as
people
want
to
build
apps,
there's
actually
a
lot
of
infrastructure
from
wallets
to
indexers.
A
Through
this
we
have
pretty
much.
It
took
us
a
little
bit
longer
than
we
expected
to
go
to
kind
of
the
next
mode
where
we
have
onboarded
lots
of
great
validators
had
been
running
the
network,
so
we
have
been
running
the
stake:
wars,
kind
of
the
competition
for
validators
to
really
exercise
the
network,
and
they
have
found
lots
of
lots
of
issues
with
the
network
during
that
period
of
time,
and
so
by
september
we
kind
of
got
into
a
really
stable
state
and
we're
ready
to
to
get
to
the
next
stage
so
september.
A
21St
was
mainnet
restricted.
This
is
where,
from
our
perspective,
network
was
ready
and
we
gave
it
to
the
community
to
really
vote
when
they
think
it's
ready
as
well
and
unlock
transfers
right.
So
before
that
all
everybody's
tokens
were
locked,
we
were
planning
that
it
will
take
a
few
weeks
but
and
kind
of
at
the
end
took
three
weeks
all
in
all.
A
But
it's
been
a
pretty
heated
debate,
there's
a
lot
of
folks
kind
of
contributing,
there's
a
lot
of
things
that
were
missing
at
the
beginning,
but
at
the
end
the
vote
passed
and
the
transfers
unlocked
on
october.
13Th
that
really
showcase
that
community
can
make
decisions,
can
coordinate,
can
come
together
to
make
something
kind
of
decisions,
this
big
to
unlock
transfers
and
really
enable
the
main
net
to
be
fully
permissionless
right.
So
this
really
like
from
perspective
of
kind
of
actually
working
network.
A
We
can
see
that
our
network
has
been
evolving
and
growing,
and
actually
last
few
weeks
we've
been
hitting
records
almost
every
week
where
this
sounds
a
bridge
launching
and
a
few
of
the
apps
launching
and
I'll
showcase
them.
We've
been
hitting
kind
of
pretty
much
like
almost
10x
of
our
weekly
weekly
active
accounts
than
before,
and
actually
I
think,
like
yesterday
was
peak
day-
was
hundred
thousand
transactions
per
day
and
it
kind
of
keeps
growing.
So
it's
really
amazing.
A
We
see
some
of
the
apps
kind
of
starting
to
really
pick
up,
and
if
we
go
to
the
next
slide,
you
can
see
the
apps
that
are
really
growing
are
refinance
I'll
mention
what
that
is
near
crowd
and
like
few
others,
and
so
this
is
really
amazing
to
see,
because
this
is,
you
know,
actually
operate
a
fully
operating
network.
We
have
you
know
all
the
tooling
working
everything
works.
A
A
We
see
kind
of
the
evolution
coming
and
eric
will
go
into
way
more
depths
on
this,
but
kind
of
in
three
different,
like
sub
compartments,
it's
financial
applications,
community
applications
and
data
applications,
and
so
here
we
actually
have
a
representation
of
this
with
refinance
and
pulse
representing
kind
of
more
financial
side.
Ref
is
a
daxon
near
build
a
community.
We
have
pulse
market
also,
a
built
by
community
prediction
market.
We
have
a
creator
side
which
is
represented
by
bear
club.
A
So
these
are
kind
of
like
six
highlights
I
wanted
to
make,
but
there's
actually
plenty
of
more
apps
already
launched
and
even
more
building.
So
if
you
go
to
next
slide,
this
is
just
a
screenshot
of
awesomeneer.com
check
it
out.
This
is
where
you
can
find
all
the
apps
that
are
kind
of
trending,
which
are
right
now
being
launched,
and
always
you
can
see
apps
that
are
in
building
and
kind
of
all
the
other
pieces
that
are
in
the
ecosystem.
A
So
shout
out
to
the
awesomeness
team
for
being
awesome
and
if
you're
building
a
project
and
it's
not
there,
you
can
always
submit
a
project
there.
So
next
slide
just
kind
of
stepping
back
right.
There's
been
a
year
of
a
lot
of
work
right,
since
we
launched
we
actually
had
over
18
protocol
upgrades
and
so
near.
Behind
the
scenes.
A
Kind
of
in
the
protocol
has
a
pretty
much
kind
of
a
hard
fork
mechanism
based
on
proof
of
work
that
allows
very
smoothly
to
transition
from
version
to
version
and
really
upgrade
the
protocol,
and
this
has
been
pretty
clear
that
this
is
a
needed
thing,
but
part
of
what
we
believe
is
is
that
the
protocols
needs
to
evolve.
Protocols
needs
to
continue
to
grow
and
kind
of
incorporate
new
features,
and
so
we've
been
doing
that
kind
of
together
with
validators
and
really
like
presenting
the
what
are
the
next
things.
A
A
There
has
been
reduced,
cpu
usage
and
memory
usage.
That's
been
one
of
the
kind
of
major
things
that
valdez
came
in
the
beginning
and
we've
kind
of
been
the
team
been
fixing
that
we
reduced
the
storage
staking
cost
by
10x.
It's
been
actually
a
developer
concern,
as
people
started,
to
use
it
more
and
more,
there's
been
clear
need
in
kind
of
cheaper
storage
and
and
as
we
underneath
trying
to
optimize
a
lot
of
things,
it
became
possible
to
do
and
then
we're
continuously
improving
performance
for
a
single
chart.
A
There's
new,
updated
web
assembly
environment,
there's
kind
of
ways
to
kind
of
optimize
how
things
running
and
like
transition
sounds
some
of
the
work
to
kind
of
do
ahead
of
time.
At
the
same
time,
we
keep
doing
more
work
on
sharding,
so
I
mean
obviously
like
if
you're
familiar
like
the
nearest
shorted
system,
it
runs
in
a
sharded
capacity
right
now,
but
with
one
shard
we
have
kind
of
test
environments
with
h,
charts
and
testing
more
and
really
on
one
side.
A
We
still
don't
need
this
right,
even
those
current
growth,
so
still
lots
of
capacity
in
the
one
shard,
and
so
we
want
to
make
sure
that
kind
of
as
we
transition
into
this
multi-shot
environment,
everything
will
be
kind
of
running
as
fast
and
as
much
as
possible.
So
we've
been
testing
this
for
the
past
few
months.
A
One
of
the
critical
pieces
been
is
standards.
This
is
dev,
like
our
developers
have
came
to
us
and
said
we
need
standards
that
you
know
are
actually
represent
near
in
a
way
that,
like
because
near's
async,
environment,
and
also
because
a
lot
of
original
ethereum
standards
also
were
kind
of
done
in
maybe
too
quickly
and
already
now
so
ingrained
that
people
are
it's
really
hard
to
change
them.
So,
for
example,
fungible
tokens.
A
So
all
this
is
awesome.
There's
a
lot
of
stuff
going
on.
There's
a
lot
of
developer.
Tooling,
I'm
not
going
to
mention
there's
like
so
much
things
going
on
on
developer,
tooling
side,
but
I
do
want
to
mention
kind
of
education
like
from
beginning
near,
like
we
believe
in
education,
as
kind
of
one
of
the
ways
to
bring
a
lot
more
developers
into
the
ecosystem,
the
like
what
we
did
with
whiteboard
series.
What
we
did
was
kind
of
app
review
live
review
of
apps.
A
This
is
all
being
about.
How
do
we
kind
of
educate
people
how
the
protocols
work
how
applications
work?
We
also
have
obviously
how
enterprise
like
how
to
build
projects
with
open
that
collective
podcast
open
that
up
podcast,
and
so
this
is
actually
two
more
new
initiatives
that
we
started.
This
quarter,
one
is
about
actually
certifying
developers
right,
actually
turning
them
kind
of
going
from
zero
to.
A
I
kind
of
like
there's
a
lot
of
stuff
going
on
on
the
product
side.
There's
a
lot
of
stuff
going
on
kind
of
developer
side,
but
really
important
thing
is
community
and
near
is
not
just
like
one
community,
and
so
a
lot
of
people
kind
of
may
be
coming
in
and
saying,
like,
oh
near's,
official,
whatever
telegram
channel
is
not
that
active
and
the
the
reason
is,
it's
actually
community
of
communities
right.
A
We
have
a
lot
of
kind
of
sub
communities
which
are
span
from
regional,
like
we
have
bunch
in
china,
we
have
kind
of
killed
in
india.
We
have
guilds
in
other
places
in
russia,
and
then
we
have
kind
of
interest
level
right
from
privacy
to
nfts
from
you
know,
daos
to
defy,
and
then
this
kind
of
really
specific
purpose
skills
like
and
skilled,
is
specifically
focused
on
marketing
and
creating
community
marketing
veneer,
and
so
really
it's
not
just
about
you
know
one
telegram
channel.
A
I
also
want
to
highlight
actually
right
now
in
india
there
is
a
kind
of
health
care
crisis.
Corona
have
hit
them
way
harder
than
actually
I
realized
at
least,
and
they
really
need
help
so
nier's
india
guild
actually
are
helping
locally
they're
doing
blood
drives.
They
they're
trying
to
kind
of
collect
donations,
so
please
support
them
and,
like
we
have
near
will
be
supporting
them
as
well.
I
think
it's
really
important.
There's
like
india's
really
big
country.
They
have
this
like,
as
we've
seen.
A
Other
big
countries
have
not
always
managed
to
to
get
things
really
going,
so
please
urge
everyone
to
kind
of
help
out
where
they
can
so
yeah.
This
is
kind
of
just
a
quick
overview
where
you've
been,
I
mean,
there's
a
lot
more
obviously
going
on
there's
so
many
things,
but
in
the
interest
of
time
I'm
gonna
pass
it
on
to
eric
ceo
of
near
foundation
and
he's
gonna
cover
more
about
where
we're
going
with
creative
economy
and
beyond.
Thank
you.
B
Thanks
alia:
yeah:
hey
everyone
thanks
thanks
for
joining
us
and
yeah.
So
actually,
if
you
jump
to
the
next
slide,
I
I'm
going
to
make
a
statement
and
and
then
kind
of
like
walk
through.
Actually
what
it
means
so
so
near
is
the
infrastructure
for
innovation,
which
powers,
communities,
creators,
communities
and
financial
markets
to
drive
a
more
open,
interconnected
and
consumer-empowered
world.
B
The
work
that's
gone
into
standards
and
everything
like
that,
and
what
I
really
want
to
do
is
bubble
that
up
and
and
frame
that
in
a
little
bit
more
into
the
into
the.
Why
and
into
kind
of
what
does
that
enable?
So
if
you
jump
to
the
next
one,
the
the
first
place
and
by
the
way
that
that's
sort
of
both
a
short-term
thing
and
a
long-term
thing,
so
so
the
first
piece
does
start
with
the
infrastructure.
B
B
When
we
built
this
blockchain
when
we
went
when
the
the
core
team
has
built
this
blockchain,
the
idea
was
make
it
scalable
make
it
usable,
make
it
affordable
for
people
to
use
and
as
elia
mentioned,
that
launched
officially
in
the
genesis
block
about
a
year
ago,
and
then
the
the
full
community
handoff
occurred
in
october,
and
so
then,
from
that
point
things
have
begun
building
upwards.
So
the
middle
layer
of
this
is
components,
and
so,
on
top
of
the
blockchain.
B
B
Some
of
the
other
cool
stuff,
though,
is
the
flexible
account
model
is
really
designed
to
make
it
so
that
developers
can
build,
really
flexible,
adapts
on
top
of
near
they
can
quickly
deploy
them.
They
can
build
them
using
languages
that
they
that
they
know
and
trust
assembly,
script,
rust
and
but
the
real
question
is
like
okay,
so
why?
What
does
this
mean?
And
so
that's
where
I
want
to
go
into
the
components
layer
in
the
middle
and
talk
about
three
specific
things,
so
one
is
amms,
taos
and
nfts
and
then
kind
of
talk
through.
B
Is
I
I
I
get
to
sort
of
pull
this
together
and
see
how
the
story
is
developing
and
that's
basically,
my
goal
here
is
to
kind
of
talk
that
through
so,
if
you
go
to
the
next
slide
on
the
amm
side,
the
amm
stands
for
automated
market
maker,
and
this
is
just
one
set
of
components
that
people
are
building
out
on
in
the
ecosystem
on
here.
So
ilya
mentioned
ref
finance.
I
have
an
example
of
that.
B
One
of
the
other
pieces
of
that
is
inner
connections.
So
the
rainbow
bridge
is
a
big
piece
of
this.
I'm
not
going
to
steal
alex's
thunder
on
the
end
there,
but
but
having
access
to
other
chains
actually
allows
a
lot
of
movement
in
in
assets
that
that's
quite
helpful
for
things
like
that.
So
to
go
to
the
next
slide,
I
want
to
jump
into
nfts
as
well,
so
we've
done
a
lot
of
really
cool
stuff
in
this
ecosystem
around
nfts.
B
So
italy
again
mentioned
that
we
have
nft
launchers,
so
we
have
nft
launchers.
We
have
ft
launchers,
that's
been
created
by
by
teams
out
there
we
have
peras
has
also
launched,
and
one
of
the
cool
things
that
that
actually
happened
a
while
ago
was
near
got
certified
as
as
officially
carbon
neutral
and
I'm
not
sure
if
it's
the
only
blockchain,
but
it's
definitely
one
of
the
few
that
is
officially
carbon
neutral,
and
that
means
that
nfd's
issued
on
oneera
are
actually
green
nfts,
which
really
matters.
B
When
you
talk
to
people
who
are
who
are
in
this
space
and
who
are
thinking
about
issuing
nfts.
But
the
other
piece,
of
course,
is
that
interoperability
means
that
the
nfts
that
are
issued
are
not
actually
stuck
on
near
it's,
not
an
island.
It's
not
it's
not
a
it's.
Not
even
you
know
a
sort
of
a
an
l2
in
that
sense,
but
it
really
is.
It
really
is
a
place
where
the
nfts
can
be
set
free.
B
So
I
think
that
that's
giving
it
more
momentum
for
for
people
who
want
to
innovate
and
create
cool
stuff
with
nfts
and
elia
also
mentioned
some
of
the
things
around
differing
minting
fees,
the
flexibility
with
which
you
can
assemble
these
standards
and
assemble.
These
contracts
has
allowed
for
some
really
interesting
innovation
on
that
front,
and
then,
if
you
go
to
the
third
one
which
is
daos
so
sputnik
is
one
of
the
coolest
things
that
we've
had
on
year.
So
right
now,
sputnik
is
in
version
one
it.
There
is
a
forum
post.
B
You
can
take
a
look
at
on
on
the
government
governance
forum,
which
is
around
sputnik
version.
Two
and
dow's
on
near,
is
something
that
we're
we're
just
beginning
to
explore
the
full
power
of,
because,
what's
intended,
to
hamper
dows
on
other
chains,
for
instance,
ethereum,
where
of
course
they
they
invented.
B
This
esoteric
governance
experiment
into
something
that's
actually
useful
by
real
communities
and
I'll
talk
about
why
that
matters
in
a
sec?
So
if
you
jump
onto
the
next
one,
the
the
other
piece
of
what
I
wanted
to
talk
through
is
is
great.
So
so
we
have
infrastructure
that
provides
low
cost
flexibility.
Lots
of
you
know
lots
of
transaction
throughput.
It
allows
people
to
build
great
components,
but
why
does
that
matter?
And
and
that's
where
we
get
into
the
greater
economy?
B
So
if
you
jump
to
the
next
slide,
so
the
creator
economy
is
basically
a
triangle
when
you,
when
you,
when
you
look
into
it
so
creators
creators
are
at
the
top.
Of
course
I
mean
creators.
Creators
is
a
pretty
broad
category,
it
means
anything
from
I
mean
I
mean
probably
the
most
typical
thing
that
would
come
to
mind
for
someone
is:
is
some
form
of
artist
somebody
who's,
creating
intellectual
property.
You
know
that
that
could
be
musicians.
That
could
be
formal
artists.
There's
a
huge
realm
around
that.
B
Creators
are
fundamentally
powered
by
their
communities,
and
communities
are
fundamentally
often
driven
by
by
creators
themselves,
as
creators
and
communities
are
very
intertwined
and
then
in
order
to
make
it
an
economy,
though,
for
creators
to
get
to
become
sustainable,
they
obviously
have
to
to
make
an
income
from
what
they're
doing
and
that's
where
financial
tools
are
actually
important
as
well,
and
so
the
three
pieces
kind
of
work.
Together.
B
We
sort
of
went
from
real
world
scarcity
to
infinite
replicability
and
then
and
then
intellectual
property
really
took
a
back
seat
and
it
became
quite
difficult
for
creators
to
find
a
way
to
make
themselves
sustainable,
and
so
the
components
of
blockchain
are
actually
almost
uniquely
suited
to
help
creators
and
and
to
kind
of
reboot
this
this
creative
cycle
and
it
starts
with
nfts
at
the
top.
So
so,
each
of
the
three
components
that
I
was
talking
about
actually
fit
smoothly
into
one
of
those
categories.
B
So
the
creators
that
sit
at
the
top
nfps
nfts
actually
create
digital
scarcity.
It
actually
it
makes
their
ip
something
that
they
can,
that
they
can
not
just
monetize
but
can
monetize
in
really
flexible
ways
to
interface
with
the
other
other
pieces
of
this,
the
the
the
community
side
of
it
is
on
the
daos
right.
So
if
you
have
highly
flexible
dows
that
can
issue
tokens,
you
can
configure.
B
How
is
this
community
going
to
going
to
spend
its
money,
but
even
in
a
bigger
idea,
it
actually
allows
communities
to
then
become
instantiated
to
then
almost
become
incorporated
as
as
entities.
So
no
longer
does
a
creator
have
to
have
to
sort
of
serve
their
facebook
community,
their
insta
community,
their
tik
tock
community.
And
all
of
these
you
know-
and
each
of
these
communities
are
essentially
owned
by
platforms.
The
communities
themselves
can
then
become
a
an
entity
in
and
of
themselves.
They
they.
B
B
B
Obviously
you
know
at
some
point
somebody's
buying
somebody
selling
and
there's
a
whole
host
of
financial
tools
and
a
financial
ecosystem
that
exists
to
support
that
and
and
each
again
so
it's
each
of
the
three
pieces
of
this
triangle
are
things
that
are
really
uniquely
powered
by
blockchain
and
the
fact
that
they
can
work
together.
Is
it
that's?
B
What
creates
the
cycle
that
makes
the
creator
economy
drive,
and
so,
if
you
go
to
the
next
slide,
the
way
that
this
is
has
kind
of
come
together
is
we
saw
defy
summer
in
2020
right
like
that?
That
was
when
the
power
of
d5
was
kind
of
unlocked
for
the
world,
and
we
saw
what
what
happens
when
when
all
of
these
components
can
work
together
and
and
people
can
assemble
them.
B
Permissionlessly
and-
and
you
know,
sort
of
financial
elements
can
move
freely
through
the
ecosystem
and
then
what
I
call
nft
winter
was
we
had
the
people
drop.
We
had.
We
had
a
number
of
these.
These
major
nft
drops
and-
and
I
think
for
ev
every
day
for
seven
days
for
an
entire
week,
nfts
were
on
the
front
page
of
the
new
york
times
right,
so
nfts
at
the
concept
broke
through
to
the
mainstream.
B
So
if
you
go
to
the
next
stage,
that's
where
I
just
wanted
to
pop
it
up
into
a
little
bit
more
of
like
what
are
the
implications
of
this,
and
so
ultimately,
what
this
does
is
it
drives
a
more
open,
interconnected
and
consumer-empowered
web,
and
I
want
to.
I
want,
to
specifically
note
consumer
empowered,
but
I'll
start
with
interoperability.
So
if
you
go
to
the
next
one
again,
I
I
don't
want
to
steal
too
much
thunder
from
alex.
B
But
interoperability
is
a
huge
piece,
so
if
you
have
components
sitting
on
top
of
the
infrastructure,
interoperability
is
really
important
because
these
ecosystems
don't
exist
in
isolation
and
in
the
next
couple
of
years.
I
think
that
you're
going
to
see
a
multi-chain
world
where
every
chain
needs
to
be
connected
with
the
others
and
mirrors
is,
is
no
different,
and
so
we
have.
We
have
a
series
of
things
that
are
being
built
in
the
ecosystem
that
help
help
that
interconnection.
B
B
B
B
That's
that's
not
really
how
the
real
world
works
and
and
consumers
are
actually
the
anchor
of
the
real
world,
and
so
the
question
has
always
been,
and
this
is
this
is
the
question
that
started
all
of
us
on
this
journey
of
how
are
we
building
like?
How
do
we
build
the
right
technology
to
power
this
and
why
it's
more
than
just
about
scalability?
It's
about
usability.
B
B
So
so
that's
what
I'm
really
excited
about
and
if
you
go
to
the
next,
if
you
go
to
the
next
step,
that's
also
kind
of
where,
where
it
transitions
into
what's
coming
up,
because
you
know
a
year
ago
to
to
october,
we
were
in
this
infrastructure
building
phase
and
obviously
the
infrastructure
is
never
quite
done,
but
you
go
from
infrastructure
up
into
components
and
components
are
are
really
getting
there.
Like
I
said
we
we
have
sputnik
version.
Two
is
is
being
built
out
there,
so
so
dows
are
being
innovated
on.
B
Nfts
are
pretty
much
all
the
launchers.
We
could
possibly
need
all
the
marketplaces
that
could
possibly
be
needed
are,
are
in
their
in
their
contract,
form
right
now
and
and
then
the
next
piece
of
it
is
really
about
interoperability,
and
that
has
also
started
rolling
out
and
that's
going
to
be
coming
out
quickly
and
then,
on
top
of
that
it
just
gets.
It
just
goes
into
launches
right.
B
So
if
you
go
to
the
next
stage
and
kind
of
lay
it
out
almost
like
a
roadmap,
there's
so
much
cool
stuff
happening
over
over
the
course
of
this
quarter
and
then
into
the
end
of
the
year
that
that
basically
fills
in
this
road
map
that
basically
closes
the
loop
and
says
this
is.
This
is
how
the
creator
economy
exists
and
and
and
spins
up
and
starts
building
that
flywheel
on
near
right.
So
it
starts
with
these
components.
B
How
does
how
does
the
community
begin
to
take
hold
of
the
resources
that
have
been
allocated
in
the
genesis
block
for
community
usage
and
so
beginning
to
unlock
that
and
seeing
how
that
can
be
unlocked
and
deployed
towards
efforts
that
support
number
one
number
two
and
number
three
there
all
of
this
is
is
coming
down
the
pipes
in
the
next
three
months
in
the
next
six
months
in
the
next
nine
months
through
the
end
of
the
year.
So
I
don't
want
to
go
into
the
details
of
those.
B
B
That
creates
this
incredible
cycle
that
allows
creators
and
communities
to
become
sustainable
and
and
to
build
amazing
stuff,
and
I
think
you
see
you've
seen
that
the
hints
of
that
and
I
think
that's
what's
coming
down
in
the
pipes
and
that's
where
the
momentum
is
starting
to
build.
It's
like
it's
like
the
wave
that
you
can
see
out
there
that's
coming
so
be
excited.
Please
get
involved
in
any
of
the
development
efforts
that
you
need,
and
I
guess
just
to
dive
in
specifically
to
the
interop
piece
of
it.
C
C
C
The
idea
of
a
smart
contract
was
originated
in
ethereum,
actually,
so
no
doubt
that
ethereum
as
a
first
mover
have
had
an
advantage
in
it.
As
we
see
right
now,
as
eric
already
told
us,
we
we
have
seen
during
the
course
of
a
year
the
device
summer
and
then
the
nft
winter
and
the
ethereum
ecosystem
is
booming.
It
is
growing
and
it
faces
some
problems.
The
problems
that
were
surfaced
at
the
very
very
first
comment
to
the
satoshi
nakamoto's,
a
white
paper
for
the
bitcoin
and
the
problem
of
the
scalability.
C
C
C
However,
things
are
not
working
that
simple
in
this
way,
so
there
are
lots
of
things
already
in
ethereum,
and
you
know
people
just
cannot
move
to
near
blockchain
as
simple
as
that.
So
imagine
that
you
are
that
you
are
moving
from
one
country
to
another
and
imagine
that
you
are
moving
from
from
germany
to
to
japan
and
if
I
will
tell
you
tell
you
that
you
need
to
come
to
japan
without
anything
without
any
money
without
any
documents
without
even
clothes.
C
C
We
need
to
enable
people
to
bring
things
from
a
theory
mecca
system
to
new
york
ecosystem,
and
this
is
exactly
what
the
rainbow
bridge
was
designed
to.
The
project
was
started
in
in
the
second
in
the
fourth
quarter
of
2019
and
to
actually
solve
this
simple
problem
and
just
to
give
you
a
sense
of
the
size
of
the
echo
system.
C
C
C
C
This
is
the
ethereum
like
client
and
near
it
constantly
gets
updates
from
the
ethereum
blockchain
literally
in
couple
of
seconds
after
the
ethereum
block
is
generated.
This
block
is
submitted
to
the
near
blockchain
so
on
here
we
have
the
full
state:
well,
not
the
full
state,
but
the
current
state
of
the
ethereum
blockchain.
C
Absolutely
the
same
thing
goes
in
the
different
direction,
with
the
difference
that
we
cannot
submit
every
near
block
to
ethereum.
It
just
will
take
lots
of
time
and
especially
money,
because
this
is
an
ethereum
transaction
and
it
costs
a
lot,
and
so
that's
why
we
are
submitting
near
blocks
only
periodically
once
every
12
hours
at
the
moment
and
on
top
of
that
infrastructure.
The
thing
that
can
be
built
is
the
the
connectors
to
to
the
this
core
infrastructure,
and
these
connectors
actually
implement
the
thing.
C
C
So
to
tell
to
to
to
give
you
a
perspective
on
the
on
the
current
state
of
affairs,
let
me
let
me
tell
you
multiple
things
and
actually
show
you
the
things
yeah.
So
the
bridge
is
live
on
the
main
net
since
15th
of
march,
so
it
is
already
more
than
one
month
of
operations
of
the
bridge
on
the
mainland
before
before
this
bridge
was
deployed
to
the
main
it
has
alpha.
C
Some
of
the
partners
have
tested
it,
and
even
before
this,
it
was
located
on
the
test
and
for
a
for
a
lot
for
lots
of
time
and
the
most
important
the
phase
there
was
the
was
the
the
rainbow
hackathon
rainbow.
British
hackathon
happened,
which
happened
on
october
last
year,
and
even
before
this,
the
bridge
was
verified
by
the
by
the
security
company,
and
we've
got
the
audit
of
the
bridge
code
at
that
moment
in
time.
C
C
There
is
a
faucet
created
specifically
for
ethereum
users,
so
they
are
able
to
create
their
own
near
accounts
with
a
little
bit
of
fun
in
there.
So
that's
that's
super
cool.
There
are
some
analytics
around
the
bridge.
I
will
show
you
in
a
second,
and
also
a
very
important
thing
is
that
wallet
near
world
now
shows
the
nap
141
balances
and
nap141
stands
for
the
fungible
token
standard.
C
So
enough
token,
let's
go
directly
into
the
demo.
Let's
see
how
all
of
this
stuff
is
working,
so
I
want
to
start
with
showing
to
you
the
front
end
of
the
rainbow
bridge.
So
this
is
it.
You
can
access
it
at
ethereum.bridgetoner.org
and
I
already
started
the
transfer
here
of
17
usdt.
This
is
obviously
an
awful
amount
because
for
for
the
ethereum
side
transactions
I
already
paid
like
several
times
more
than
this
amount.
C
However,
you're
still
able
to
transfer
any
amount
of
tokens
yeah.
So
here
the
transfer
is
at
the
point
when
the
ethereum
side
of
the
transfer
is
done,
so
the
transfer
was
initiated
on
the
ethereum
site
and
then
there
were
20
confirmations
of
the
ethereum
blocks
because,
as
you
know,
ethereum
block
blockchain
doesn't
have
finality.
C
So
you
need
to
wait
some
blocks
to
build,
on
top
of
the
of
the
block
with
your
transactions,
to
to
be
sure
that
your
transaction
is
final
and
is
there.
So
the
only
thing
that
is
left
is
for
me
to
submit
a
proof
of
the
fact
that
I
was
locking
17
usdt
on
the
on
the
ethereum
side
and
to
issue
17
near
usdt
or
and
usdt
on
the
near
side.
So
this
is
an
ordinary,
near
transaction.
C
It
is
completed
and
yeah,
so
I
literally
finished
the
transfer.
If
you
want
to
to
start
the
transfer,
then
you
need
to
choose
the
direction
of
the
transfer.
I'm
just
just
show
you
a
little
bit
of
the
ui
and
you
are
literally
able
to
to
transfer
any
erc20
android
or
any
c20
token.
So
here
are.
There
are
some
some
of
the
tokens
that
are
listed
there
without,
like
we
have
put
it.
We
have
put
these
tokens
here,
but
you're
able
to
enter
any
token
address,
and
then
you
will
be
able
to
bridge
this
token.
C
This
is
this
is
how
the
transfer
is
initiated.
Now
the
cool
stuff
about
the
near
wallet
is
that
well,
I
can
see
my
my
usdt
here
at
the
right
directly
in
the
near
wallet.
As
you
can
see,
here
is
the
the
address
of
fn
usd
contract,
but
I
see
here
the
balance,
so
that's
pretty
cool.
I
I
believe
that
this
is
not
the
correct
balance,
because
I
need
to
refresh
the
the
page
157
and
I
believe
we
need
to
add
17
more,
so
we
will
be
able
to
see
yeah
174.
C
C
C
C
Just
in
a
matter
of
seconds,
the
transaction
is
completed
and
my
and,
as
you
can
see,
the
swap
was
successful.
Actually,
I
I'm
able
to
see
what
was
happening
there
and
this
link.
Okay,
something
is
not
working
with
explorer
yeah,
unfortunately,
but
see
well,
it
literally
doesn't
matter.
I
see
that
the
balance
of
the
usdt
went
down
and
the
balance
of
the
die.
The
balance
that
I
was
having
there
went
up.
So
that's
pretty
cool.
C
So
literally
what
ethereum
people
that
are
here
on
the
call
can
do
is
they
can
create
a
near
wall
through
faucet?
Actually,
I
would
like
to
show
you
where,
where
you
are
able
to
to
do
this,
so
if
I
log
out
from
the
bridge,
if
I
look
out
to
from
my
from
my
near
account,
then
you
will
be
able
to
see
that
if
you
need
a
near
account
create
one
here.
This
is
the
link
to
the
faucet.
C
The
faucet
is
hosted
by
paras,
so
you
are
able
to
use
it
most.
Probably
we're
getting
some
signals
that
we
need
to
to
make
this
in
a
bigger
font
or
something
but
yeah.
If
you,
if
you,
if
you're
watching
this
just
go
here,
create
your
new
account.
So
how
cool
is
that
you
are
able
to
create
your
new
account?
C
So
I
really
really
enjoy
having
the
already
this
apps
here
on
the
near
blockchain
and
and
have
an
ability
to
use
this.
But
besides
refinance
the
thing
that
we
already
have
is
also
a
pulse
market,
so,
for
example,
with
the
bridge
tokens,
people
are
able
to
create
prediction
markets
and
look
here.
There
is
a
there
is
a
prediction:
martin
for
market,
for
today's
match
in
between
manchester
city
and
psg,
which
is
nominated
in
die
and
that's
cool.
You
are
able
to
go
there.
C
C
We
can
go
here
and
see
that
there
are
already
more
than
663
000
worth
of
us
dollars
breached
from
ethereum
to
near,
and
this
this.
This
number
is
continuously
growing
and
you
can
see
that
the
the
biggest
demand
is
tether,
and
then
we
we've
got
wrapped
ethereum
and
dye
and
so
on.
There
are
lots
of
information
here
and
some
of
the
some
of
the
there
are
lots
of
very
interesting
tokens
that
have
been
bridged.
C
Like
near
blockchain
works
better
than
than
google
google
presentations,
that's
cool
so
coming
back
here,
I
would
like
to
take
a
couple
of
minutes
for
the
outlook
of
what
is
going
to
happen
in
future
and
very
simple
thing.
We
would
like
to
enable
all
of
the
near
ecosystem
to
be
able
to
work
with
ethereum
define
applications.
C
C
C
A
I
think
that
there's
at
least
like
a
couple
places
that
are
happening
for
this
outside
of
a
wallet,
I
would
say,
probably
like
short
term
I
mean
obviously
wallet
team
knows
best
and
you
can
check
out
their
roadmap
on
the
nearer
roadmap
here,
but
but
probably
nfts
are
kind
of
down
the
pipe
as
there's
a
lot
of
a
lot
of
other
functionality
but
yeah.
I
think
like
stay
tuned
on
on
twitter
and
other
places
for
the
galleries
to
kind
of
to
launch.
A
A
A
When
will
ref
2.0
happen?
That's
an
interesting
question
again,
probably
question
for
ref
team,
but
my
understanding
is
rev
1.0.
It
didn't
happen
yet
so,
probably
in
a
few
in
a
few
months
after
1.0
launches.
So
if
I,
if
I
would
speculate
yeah,
I
think
like
graph
right
now
is
still
in
the
beta
kind
of,
as
as
they
are
testing
out,
how
everything
works,
and
I
think,
like
as
as
there's
more
folks,
joining
the
community
and
more
folks
contributing
the
pace
of
kind
of
innovation.
There
will
accelerate
as
well.
A
Interpretability
with
some
storage
protocol,
that's
actually
a
really
cool
question
we
actually
have
in.
We
have
this
place
for
where
you
can
find
like
kind
of
requests
for
grants
and
kind
of
ideas,
and
this
is
one
of
the
ideas
there.
So
if
anybody
wants
to
work
on
that,
this
would
be
amazing,
and
I
would
I
would
love
to
kind
of
you
know
if
you
want
to
discuss
that,
how
to
structure
it.
A
C
Yeah
so,
as
far
as
I
understand
what
a
team
has
a
priority
of
this
feature:
they're
working
pretty
hard
on
this
and
well,
it
seems
like
it's
just
maybe
a
couple
of
weeks
from
from
the
moment
of
time
when
people
will
be
able
to
do
the
transfers
of
fungible
tokens
in
their
wallet.
So
I'm
not
going
to
to
promise
you
this,
but
it.
It
seems
for
me
that
the
world
team
is
working
on
this
already
for
some
time
and
almost
ready
to
do
this
to
to
deliver
this.
A
Yeah
I
mean
if
you
want
to
learn
kind
of
the
wallets,
a
roadmap
I
linked
this.
They
have
a
repo
is
with
kind
of
things
that
are
cute
and
kind
of
links
to
current
development
and
everything.
So
you
can
keep
track,
and
maybe
you
know,
vote
with
emojis
for
things
that
are
more
have
more
community
support.
C
C
Yeah,
so
that's
that's!
That's
a
hard
question
because
of
multiple
reasons.
Well,
first
of
all,
the
bridge
team
now
is
focusing
on
aurora
and,
as
you
can
as
you
can
imagine,
the
reason
why
the
bridge
team
is
working
with
aurora
is
that
well,
you
need
to
be
able
to
bridge
tokens
and
to
the
evm
runtime
from
the
near
run
time.
C
So
rainbow
bridge
is
the
project
that
enables
you
to
to
do
the
transfers
from
ethereum
to
near
native
runtime,
and
now
we
will
have
yet
well
an
additional
runtime,
the
evm
runtime,
and
we
still
need
to
be
able
the
transfer
to
transfer
things
inside
of
the
evm
runtime.
So
that's
why
the
bridge
team
is
working
hard
here
too
right
now,
so
we
are
focusing
on
this
thing
and
then,
as
I
said,
we
are
going
to
to
release
the
near
transfers.
C
C
The
very
important
feature
of
the
rainbow
bridge
is
that
it
is
completely
trustless
and
it
is
like
composable,
so
people
can
build
their
own
connectors
if
you
want
something
for
your
dab
to
be
able
to
transfer
from
from
ethereum
to
near
well,
you
just
can
build
a
couple
of
smart
contracts
and
deploy
them
and
everything
will
be
there.
So
this
is
a
very
convenient
you
can.
You
can
think
of
a
rainbow
bridge
as
a
service
that
helps
you
prove
then,
from
the
information
on
the
other
blockchain.
So
that's
cool.
C
As
far
as
I
understand,
matt
lockheer
is
working
on
the
nft
connector,
so
shout
out
to
him.
He
is
very,
very
active,
and
probably
many
of
you
know
him
yeah,
the
only
the
one.
The
very
last
thing
that
I
want
to
mention
with
regard
to
nfts
is
that
there
are
multiple
standards
for
nfts
and
there
are
some
nfts
that
are
not
obeying
any
standards
so,
for
example,
cryptokitties
and
cryptopunks.
C
B
A
Awesome
well,
this
is
it
for
today
they
had
a
really
kind
of
update
from
one
year
anniversary
to
creators
on
near
and
beyond,
and
what
he
does
on
a
bridge.
I
hope
this
was
informative
and
we'll
learn
something
we
have
more
amazing
stuff
coming
out.
So
please
tune
in
as
we're
going
to
try
to
do
this
town
halls
more
often
and
kind
of
engaging
more
of
the
community
members
and
if
you
want
to
contribute,
follow
again,
follow
these
links.