Rules of the game:
➡There will be questions that have a hidden Firedrop with tokens inside (NEAR, HOT, BLACKDRAGON, UWON, USMeme) and you will need to enter the password correctly. You can learn the answers to the questions from this
video.
➡The next question will appear when the previous one is answered correctly.
➡All words in the answers should be written with a small letter.
➡Six questions.
Network overloads are possible. The game will start in 30 minutes 🪙
Never Lose Your Seed Phrase Again w/ Peter Volnov (HERE wallet & HOT Protocol)
In this episode we talk with Peter Volnov (Co-founder & CEO of HERE Wallet) The HERE Wallet is a NEAR mobile wallet app that allows users to buy and sell coins, stake, and mine HOT.. The HOT Protocol is their technology layer that enables chain abstraction, allowing users to control accounts on different chains using a smart contract.
Peter Volnov: https://twitter.com/p_volnov
HERE Wallet: https://twitter.com/here_wallet
HERE Wallet website: https://www.herewallet.app/
HOT Protocol: https://twitter.com/hotdao_
Takeaways:
• The HERE Wallet is a mobile application that offers various functionalities such as buying and selling coins, staking, and mining.
• The HOT Protocol enables chain abstraction, allowing users to control accounts on different chains using a smart contract.
• Key ownership and account recovery are important considerations in the development of wallet applications.
• The vision is to create an open ecosystem where independent teams can build their own projects on top of the HOT Protocol.
• Account ownership is a crucial aspect of crypto security, and users should be cautious about protecting their seed phrases.
• The HOT Protocol offers various use cases, including creating a marketplace for accounts and providing recovery services.Authentication methods are evolving, and there is potential for using existing app providers for authorization.
• The HOT Wallet aims to be the primary wallet for the Telegram non-TON ecosystem and facilitate mass adoption of the HOT Protocol.
• The future of wallets involves customizable security levels and the ability to transfer ownership of accounts.
Timestamps
0:00 Introduction
0:52 - HERE wallet launch in 2022
2:15 - What HERE wallet in 2024 is coming to
3:55 - What is Chain Abstraction
4:45 - What is MPC wallet
5:25 - NEAR solves the problem of centralization
6:15 - Where did the decision to do your own protocol come from
6:50 - What is HOT Protocol
8:33 - WEB3 App Store in Telegram
9:50 - Browser extension announcement
10:30 - Not a super app, but an open source SDK
11:11 - NEAR NFT marketplace overtook Blur by amount of traders
11:25 - New applications on top of HOT Protocol
13:05 - Telegram wallet for EVM
13:49 - Chain Abstraction - next step for web3
14:23 - How many users have made a deposit during the HOT
14:50 - Open ecosystem
16:00 - Importance of applications and UX
16:50 - Comparing web2 and web3 and the tradeoffs between them
19:10 - Bridges and key ownership
21:18 - Seed phrases recovery
23:20 - Scam protection
24:47 - What kind of applications can be built on HOT Protocol
26:47 - Accounts Marketplace
29:00 - Wallet technology hasn't changed in years
30:53 - Seed phrase and Authentication
33:27 - Every transaction on HOT Protocol is a transaction on NEAR Protocol
34:18 - Worldcoin
36:21 - Plans for 3-6 months on on HOT Protocol
38:14 - Plans for 3-6 months on on HERE wallet and commissions in HOT
42:10 - We build MPC Protocol with open SDK
Hosted by:
Jared https://twitter.com/jarednotjerry1
Altan Tutar https://twitter.com/mraltantutar
Website: https://chainabstracted.com/
Join NEAR's community:
Website: https://near.org/
Twitter: https://twitter.com/NEARProtocol
Blog: https://near.org/blog/
Medium: https://medium.com/nearprotocol
Reddit: https://www.reddit.com/r/nearprotocol/
Discord: https://near.chat/
GitHub: https://github.com/near https://github.com/nearprotocol
Dev Docs: https://docs.near.org/
Create a wallet: https://wallet.near.org/create
Learn to Build On NEAR: https://www.near.university/
#NEAR #nearprotocol #chainabstraction
DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment,…