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Near Protocol Launches Product-Priority Operating System

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It is reported that Ilia Polosukhin, the co-founder of Near Protocol, announced at the ETHDenver industry conference that Near Protocol, the L1 blockchain netw…

Near Protocol Launches Product-Priority Operating System

It is reported that Ilia Polosukhin, the co-founder of Near Protocol, announced at the ETHDenver industry conference that Near Protocol, the L1 blockchain network, has launched a product-priority operating system in which developers can build and users can interact as a platform. According to Polosukhin, the platform is designed to serve as a public layer for browsing and discovering Web3 products, including cryptocurrency exchanges, NFT galleries and social networks. Polusukhin said in an interview that the framework will be compatible with all blockchains (currently supporting Near protocol and Ethereum virtual machine chain), and Near will serve as a common entry point.

Near Protocol starts “blockchain operating system” to focus on user experience

Interpretation of the news:


Near Protocol, the L1 blockchain network co-founded by Ilia Polosukhin, has announced the launch of a product-priority operating system that allows developers to build and users to interact as a platform. The recent announcement was made during the ETHDenver industry conference. The new platform is designed to function as the public layer for browsing and discovering Web3 products such as cryptocurrency exchanges, NFT galleries and social networks.

The framework is compatible with all blockchains and currently supports Near Protocol and Ethereum virtual machine chain. Near Protocol is expected to act as the common entry point into the Web3 world. As stated by Polosukhin, the platform’s core focus is to ensure a seamless experience for developers as they build on the system, as well as provide easy access to Web3 products for users.

Near Protocol’s product-priority operating system offers several advantages, such as low transaction fees, significant scalability and multi-chain support. Its significance is not only limited to its compatibility with other blockchains, but also in how it aims to reduce the entry barriers and improve the user experience for participants in the blockchain space. The blockchain industry has struggled to appeal to the mass market due to its complexity, an issue which Near Protocol’s product-priority operating system seeks to address.

The launch of this platform reinforces Near Protocol’s commitment to become a leading blockchain network in the industry. Since its inception, Near Protocol has been focused on establishing itself among the fastest, cheapest and most reliable blockchain networks. The introduction of the product-priority operating system is a significant step forward in that direction.

In conclusion, the launch of Near Protocol’s product-priority operating system marks a new chapter in the blockchain industry. It demonstrates Near Protocol’s commitment to simplify and democratize the use of blockchain technology, making it accessible to a broader market. The product-priority operating system is well-positioned to be a significant player in the blockchain space.

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