THE PROTOCOL: The Significance of User-Owned AI and NEAR Protocol's Emphasis on Practical Applications
Jul 8, 2024
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NEAR Protocol's co-founder, Illia Polosukhin, discusses the shift to user-owned AI and NEAR's transition from an AI project to a blockchain platform. Key topics include the importance of user-owned AI, data availability in blockchain, chain abstraction for seamless interaction with networks, and NEAR Protocol's focus on practical applications driving blockchain and AI adoption.
NEAR Protocol evolved from an AI project to address collaboration payments.
User-owned AI ensures AI benefits individuals and communities, not just corporations.
Deep dives
Study on Microplastics by Dr. Jean Hincott at BASF
Dr. Jean Hincott, leading a microplastics study center at BASF, discusses research and solutions related to microplastics, highlighting the approach taken to address the issue.
Founding of Near Protocol by Ilya Posukin
Ilya Posukin, co-founder of Near Protocol and former Google AI researcher, explains the origin of Near Protocol from an AI project aimed at teaching machines to code, leading to the development of a blockchain technology to address transaction fee challenges and scalability.
Chain Abstraction and User Accessibility Across Web3 Chains
The concept of chain abstraction is introduced, focusing on simplifying user interactions with various blockchains. Near Protocol's innovation allows users to transact seamlessly across different chains, showcasing a technology that enables users to access multiple chains through a single platform, promoting ease of use and accessibility in the Web3 ecosystem.
This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk interview Illia Polosukhin, co-founder of NEAR Protocol. Polosukhin discusses the intersection of AI and blockchain technology, explaining how NEAR Protocol began as an AI project and evolved into a blockchain platform to address issues related to compensating collaborators.
Takeaways
NEAR Protocol started as an AI project and transitioned into a blockchain platform to address the challenge of paying collaborators.
User-owned AI is crucial to ensure that AI models and systems benefit individuals and communities, rather than just corporations.
Data availability is a fundamental component of blockchain technology, ensuring that all transactions are accessible and can be used to reconstruct the state of the blockchain.
Chain abstraction allows users to interact with multiple blockchain networks without needing to understand the underlying technology or worry about transaction fees.
NEAR Protocol is focused on solving real problems and finding use cases that drive the adoption of blockchain and AI technology.
Chapters |
00:00 Introduction and Background of Ilya Polosukhin
The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.