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Layer 1 blockchain network Near Protocol has launched a product-first operating system that developers can embed and users can interact with as a single platform.
According to Polosukhin, the platform aims to serve as a common layer for browsing and discovering Web 3 products such as cryptocurrency exchanges, non-fungible token (NFT) galleries and social networks. The framework is compatible with all blockchains (it currently supports the Near Protocol and Ethereum Virtual Machine chain), with Near serving as his point of common entry, Polusukhin said. said in an interview with CoinDesk.
read more: What is Near Protocol and how does it work?
For developers, a decentralized and configurable front-end helps build and launch better apps while leveraging built-in features such as profiles, payments, notifications, search, and existing parts and components faster Provides a way to fork. , according to a press release.
“A configurable decentralized front end as a framework can work with any Web2 or Web3 back end and any wallet,” said Polusukhin. “In the future, [use of] A wallet to interact from one chain to another via seamless bridging,” he added.
The Near protocol currently ranks as the 35th largest blockchain by market capitalization, according to Messari data. Layer 1 has a market cap of around $1.96 billion and the NEAR token was trading at around $2.28 at the time of writing.
According to the press release, the platform is called the “Blockchain Operating System (BOS).” “We are moving away from the Layer 1 focus. Right now it is about the user and what they are experiencing. He said Polosukhin in his CoinDesk interview.
Polosukhin added that he hopes the platform will address some of the user experience issues in the Web3 space. “At the moment, it’s hard for him to find one place for a user to check his Web3 apps. There’s no search mechanism, no way to navigate between apps,” Polosukhin said. “BOS creates a single entry point.”
read more: Near Protocol Forms Working Group To Promote DeFi Governance