GM GM thank you all so much for joining us today for another amazing
Ilya series Twitter spaces today's Twitter spaces is a pretty exciting one
we are joined by some amazing guests as well as something going on the team that
of a project that just recently launched dapdap let me actually go ahead and
bring them up to be co-host and I will go ahead and hand things over to the
speakers to introduce themselves and we can go ahead and kick things off
thank you Marcus everyone I'm Ilya co-founder of near and it's great to be
here with Dab Dab and Kendall
everyone zero I'm representing Dab Dab today and it's great to be here along
these legends excited to talk to an obstruction hey everyone I'm Kendall one
of the co-founders our proximity and yeah excited to hear all the great
updates about Dab Dab excitingly for them
cool let's kick off maybe with a quick intro of what Dab Dab is the story
behind it and kind of some of the recent updates here do you want to take
it away yeah sure sure so yeah Dab Dab adds as your universal gateway into the
theorem there it is and we just had our mainnet launch last week which was kind
of exciting we saw over 13,000 users join already so the info has been quite
high and what Dab Dab aims to do is we aim to solve this experience issue it's
almost like a fragmentation issue right that exists in the current red tree
landscape I think if you look at you know the amount of layer twos there are
the amount of roll-ups coupled with layer one blockchains out there there's a
clear fragmentation issue and at Dab Dab we just see that increasing right so
eventually we imagine there will be more than 100 layer twos on the markup
more than a thousand taps and the problem is you know users they have to
open new taps the whole time so at Dab Dab we've created the single gateway and it
has you know more than 13 layer one layer twos out there at the moment more
than 3,000 taps right so well I actually think I got that wrong but yeah a lot of
doubts right now and so excited to be here
sure yeah I mean I think yes 13 or 14 networks been really amazing to see all
that coming together and so I think maybe important to for the audience to
understand why Dab Dab has been built and like on using near technology
given it's especially right now focused on Ethereum layer twos and after that we
can also talk about where this is going yeah for sure so Dab Dab actually
leverages near JS right so decentralized front-end technology and it's all open
source so it's really cool you can always verify that your users are
interacting directly with the protocol so Dab Dab itself it's a D5 focused
gateway right so users can land, stake, borrow, swap you know across sync swap
unit swap and they never have to leave the same interface but the reason that
can happen is actually because of near so redeploy the front-end code on the
blockchain and then users can always verify that they're actually
interacting directly with the protocol itself so I guess that's that's why we're
powered by near but soon we'll also be incorporating near as like a featured
there one solution for sure yeah and I think maybe for those who are not
familiar and kind of joining so near and if we started developing this framework
which is part of the broader vision of chain abstraction that allows to build
decentralized composable applications in such a way that it abstracts out which
underlying blockchain layer 2, layer 3, layer 5 has been used and at the same time
allows to compose all of the different experiences applications kind of pieces
of smart contracts into one experience that users can easily navigate and don't
need to think about underlying infrastructure and there's a lot more in
store and we'll talk about chain abstraction but I also want to give
Gandal some spaces because approximately they've been working very closely with
DAPTAP kind of from the start yeah sure thing yeah DAPTAP I think is definitely
one of the most exciting examples of boss and it kind of really demonstrates
what type of experience you can build when you have that kind of composability
available so yeah right now I mean I think there's basically three kind of
layers to chain abstraction first one is this UI layer and anyone who's who's
used DAPTAP can kind of see how this is working which is really about creating
an environment where you can essentially structure a bunch of different
applications that likely span across different chains or layer 2s into one
cohesive user experience and there's actually a lot more work that goes into
that than people might realize you know especially as you're adding as DAPTAP
starts to add kind of non-EVM chains or like different VMs there's all types of
you know technologies and libraries you have to include different types of RPCs
etc in order to make that work and and that's really a lot of what boss is
about and I think DAPTAP has has shown how powerful that can be so the two
other layers to chain abstraction which I'm very excited to see DAPTAP as
the products that the NIR ecosystem is building come live for them are the
account layer which is basically like how do you if you use a bunch of chains
that means you actually have individual accounts on each of those chains how can
you manage that in a sane way and then the last layer is kind of the asset
layer which is like yeah okay you have these accounts you know even if you had
one way to manage all of your accounts at different chains how do you move your
assets between those chains and then also if you're using different chains
you likely need different gas tokens and how do you kind of acquire and utilize
those gas tokens in an efficient way without necessarily having to like hold
a large position in those gas tokens if that's not something you aim to do and
so some of the products we have coming out in the next you know a few weeks
really are gonna aim to address these you know one of which is kind of how can
you have this master account like we have this great world of four three
three seven right now which is powerful it's creating these smart contract
accounts you can have ephemeral keys there's a lot of great features there
but if you are using 500 chains if that's a world you want to live in using
500 chains and you have 500 distinct accounts even if you're you know have
one private count each of them and then you want to change something you actually
have to change each of these different accounts and that's kind of a nightmare
so one of the things we're trying to enable is you have one smart contract
account they can manage a bunch of different sub accounts and that top
layer account is the one where you can manage keys you can potentially even
deposit assets you kind of use this as the master control account which we
think can simplify things dramatically and then the other thing you'll be able
to do is actually yes sign for transactions on these various chains and
even abstract away potentially the gas costs where you can have maybe a bucket
of assets in your master accounts and then using kind of a similar type of
approach to the pay master approach potentially or an intent relay or there's
a variety of different things that can be implemented here you can use that
bucket of tokens to then pay for gas costs on various different chains or
even potentially pay for transactions and assets so I'll turn it over to the
DAPTAT team to talk more about some of their future plans but yeah I'm very
excited to see how though and others will incorporate these interesting
aspects to chain attraction. Yeah for sure I think there's a there's a lot of
support right when it comes to chain abstraction it's one reason why I was
like we need to get Kendall on the score you know I think a lot's gonna
happen I think at DAPTAT you know what one thing that we're looking to do is
really leverage of course you know account aggregation and this ability you
know to use potentially your near accounts right across all these layer
2s right and even their ones but on the near future right we're just gonna
expand to all these these hottest L2s in the ecosystem because they keep
popping up and they have like really cool technology behind them right from
linear to blast especially the blast ecosystem that's coming up that's a big
focus for us at the moment and once we have these once we have these DAPTs and
layer 2s incorporated it's actually really cool because users can just you
know it's very easy then for users that are maybe using polygon right and are
not actually too familiar with with linear stuff for example or mantle to
just explore that in in the same gateway right because it's just like a click of
the button and I think that's the core sort of value proposition of where
DAPTAT wants to go it's really becoming that experience layer for for the entire
web tree so yeah just excited to see excited to see us expand more across
L2s and then let's see how we can sort of leverage account aggregation for for
L1s. I mean I think it's it's super interesting but maybe just stepping back
like let's imagine you know one year from now right and DAPTAT celebrating
one year of launch how did the world change how did the like this you know
DeFi change because of DAPTAT because of the technologies under the hood and kind
of the the way you simplify the experience and I'll let Kendall and
You're muted. Sorry I'm muted. It's a really good question. I think I think it
will you know the the if we look at near protocol right and we look at sort of
the early stages of fast up I think that is sort of the direction that DAPTAT will
go in right so when we talk about unifying sort of all these different you
know chains and these different wallets on the one master account well what does
that mean right it's it's it sounds a bit like mumbo-jumbo to some users but
really it just means that where I see DAPTAT in a year from now is just maybe
over 50 L2s right a couple bit like maybe 12 L1s right incorporated
seamlessly and what does that mean right like these are these numbers but
what it means that I think will eventually have no gas fees will be like
sort of resolved through this right so you can actually pay gas from one wallet
and then that be just your master wallet right your DAPTAT sort of
account and then you never have to worry about okay am I transacting on
you know Bitcoin network am I transacting on SWE right and then you just
sort of you just sort of like it's about the DAPTAT you're using itself so the
experience and it no longer becomes like a network themed approach and so I
think that that will sort of solve also this sort of tribalism issue that
almost exists in Webtree and they will really start to be focused on the
products like I saw one of one of the people near foundation that corner right
in with the street like there's more than there's more roll ups than that
sort of product market and he had a good point but that that I believe can turn
and though you want to add to that yeah no I think that that vision is is
definitely what we're aiming to kind of enable here and to expand even a little
bit more I think like it it's it's twofold one is it's kind of lower
lowering the barrier to discovery and really just access even to the kind of
on-chain world for users as much as possible it's really difficult to get a
new user to go like if you launch a brand new chain or layer to or whatever
it is right now and you want to require people new users who are new to crypto
that's really really complex to do no matter what no matter how good of a job
you do with you know getting integrations things like that most
likely there's gonna be some serious barriers to entry you know around
getting new wallets discovering apps to use getting your account set up in the
right way and then and then acquiring some assets and I think that dapdap can
can really help streamline that experience and then on the other side of
the equation I think that dapdap can really like actually create kind of a
new a new venue for these new these these newly launched layer twos layer
ones whatever it is and also apps to acquire some form of traction it's and
like yeah here I said kind of stand out more based on the quality of their
product then you know what type of access they're able to get to users and
because you know this is kind of like a new essentially acquisition channel for
these teams and I think it's kind of an expansion on you know we saw like a big
wave in the bear market like the latter part of the last ball is these really
great platforms like galaxy and layer 3 and rabbit hole and others that are
they're entirely about kind of discovery and for the user side and then user
acquisition on on the the kind of product and layer one layer two side but
I think one of the biggest limitations of those platforms is that they they're
kind of a list of links they're really great platforms they have great user
bases I think they'll do really well but they the experience you get from
going through their flows is ends up being a little bit different than the
longer-term experience of using an application and I think the big reason
for this is that it's not all built into a platform you can use for the long term
it's basically like oh try this product out and then if you want separately
continue using it going to their site or downloading their app or whatever and I
think dapdap can actually kind of expand upon that by allowing users to try out
the eggs and get rewarded for the exact experience that they would be doing
going through later so that they truly learn how to use an app in our kind of
walk through it and incentivize to walk through it and and and I hope that this
will allow you know these products these newly launched products that are trying
to find these channels for user acquisition ways to get traction to
really position themselves in a way that like makes their product shine in and
differentiates base base more on product and tech and kind of what it can enable
then you know traditionally on on you know the different types of shouting
into the void strategies that everyone's had to kind of you know compete on lately
yeah just sort of add to that actually I think you know before we go and we're
gonna talk to an obstruction um the sort of gamifying like this whole
onboarding experience right I think that that's that's like a key part to
education like educating users on how to bridge to their tools right and how
to bridge to different chains different assets and I think that is some one of
the core features that that really manages to solve right and it's like
okay we have all these layer tools out there how do we solve the onboarding
issue it's still it's a it's a very critical issue in web 3 and you know all
these layer tools on spawning it doesn't sort of make it a lot easier so
yeah I think the interface layered or as Elia likes to call it the experience
layer sort of what can really unify this and if you check out that.net right now
right you'll see we have like lots of user flows already like outlined and
we'll have more coming each week right so like next week will be our
specifically our layer 2 onboarding week where we focus on scroll and linear
onboarding and then we specifically focus on like ecosystem dApps there and
getting users into that flow to those dApps and I think taking them approach
like that is sort of what what that really shines at and that will just
keep on keep on growing. Amazing yeah so I think the this vision of like as a
user you don't need to like hunt for the applications right hunt for layer
tools hunt for blockchains but really able to kind of interact with everything
from one place and then kind of not needing to understand all of the
mechanics of bridging and gas funding kind of the details of the kind of
mechanical interactions with the blockchain is really you know why we've
been talking about chain abstraction for past months and it's really deeply
rooted in where NIR started where we've kind of always wanted to have and to
give this experience to developers to build a way to onboard users extremely
simply and then interact with blockchain applications without really diving in
into the kind of underlying infrastructure I mean the way I like to
say this you know on NIR you actually you need to try really hard to sign the
sharding even though like actually every transaction is like routed to you know a
specific shard there's like all state is sharded but to find that you need to like
go you know two levels down to like block data and you know fetch it through
RPC but you cannot find it on you know in a wallet or in a blocked or that's
kind of experience with trying to get here is like abstract out the complexity
really deliver on the experience so I'm really excited it sounds like the
community being excited as well and so you've had a really good traction since
you had invite all new launch maybe you can kind of walk us through the launch
itself and kind of where you are now with users but also is there like kind
of release without invites happening and like what are the exciting also
partnerships and milestones beyond what you what you already mentioned
yeah for sure so we saw we're treating thousand users right on on our invite
only launch it was a good reception to like we had lots of users in the
discord obviously when you launch sort of such a almost like complex experience
there with so many gaps there will be issues there will be bugs I think we've
done a good job of sort of addressing these the for those who don't know the
dot-dot dev team they're on some other stuff right they ship super fast and so
we've had a great month so far we've also seen like a lot of renewed
interest I think so far from from our partners right to continue sort of
collaborating and what does that sort of mean and collaborating and for that
that right as a front-end I actually think it's kind of interesting because
we don't charge any fees right that that so like we don't charge any fees but we
do actually we are actually able to provide these collaboration opportunities
for users with our core partners right we have like big we have bigger we have
leaf leaf I we have a base name service and we're able to partner up with all of
these and then perfect points like point benefits or for example if you meant a
basing service domain you get like a discount if you do it on dot-dot like
in-app and this is sort of how it becomes a very attractive solution to
almost partner with dot-dot right because users get a easier access to
your product and there's no additional fees like you can just access any like
uniswap front-end like a linear front-end or score front-end there's no
fees at all and so it's it's been going good so far we're also looking forward
to expanding to other latos blast network especially also CK sync so
that's coming that's coming up soon and we'll also have like additional you know
sort of gamified partnerships where for example if you sign up with they get
wallet right now you know you get like you get you get free points and you also
get like other perks so it's it's sort of the I think that's what users need to
look forward to it like we want to create this experience where we have
this like daily recurring sort of quest right where users like dot-dot-dot-dot
and they get some points and I think that really how that's it it's like okay
how can we get users like how can we get that attention you know that you need
like so we're excited to introduce more quests and lots of exciting partnerships
this reminded me that I need to tap me up you're better don't forget I know I'm
behind on the leaderboard there yeah so I think it's it's really powerful that
it's really good platform for all of these protocols and applications that
are launching in various ecosystems to acquire users to kind of surface it
because of these of discoverability because users don't need to go and like
open up a new thing and figure out and kind of you can track their activity and
kind of reward that for them and so at the same time I think the interesting
kind of technological point here is that kind of all of the pieces of the
experiences are on chain like the actual user interfaces aren't chain which means
somebody can kind of permissionously add more like is the launching your
application they can actually add their front end and kind of end up that can
pretty much fight list it added to the to the kind of repository of the old
applications and so in a way it's an app store as well where instead of kind of
downloading or opening things as Kendall was mentioning you can kind of
experience them in in the same application so what I was familiar with
is more like Asian Asian like super app platforms like we chat this is really
kind of a we chat like experience right where users are staying in one platform
but able to navigate and experience all the apps in the ecosystem so really
exciting I think maybe now we mentioned chain abstraction a few times I think
it would be interesting to talk through and kind of Kendall can take it away and
more beyond just this experience and front-end and using kind of you know
abstracting out a single account how does this kind of enable new multi-chain
applications as well which you know now can tie like that app can tie them all
back in into a single experience and really abstract out complexity but
provide really cool experiences that are you know really hard or impossible to do
right now yeah absolutely so yeah we've been talking a lot about yeah kind of
simplifying the experience and that's a really important aspect of chain
abstraction and one that I think that that is already doing a great job of
demonstrating but yeah as you mentioned the the other really exciting aspect is
that we can actually enable net new applications in a couple of different
areas so one of the the hot ones right now is cross chain you know there's
bridges there's a lot of talk about intents and how that can basically
enable cross chain and and it's also something a lot of users desire to do
they have assets on one chain there's something new that's exciting and they
want to get to that new chain as seamlessly as possible and the reality
of is that the options are typically not great even if you have you might not
have bridges at all which is one problem and when a new chain launches you know
they either have to lobby one of the big bridge teams to kind of have a launch
like as close to to when they go live as possible or you know yeah there's just a
lot of complexity there and then depending on especially if it's a non
EVM chain it gets even harder or non EVM layer to you know we'll start to see a
lot of those soon and that creates a lot of problems so we actually have a
pretty interesting solution for this which is this product called chain
signatures which basically allows any near account to trigger a signature for
an arbitrary payload so it can be like an arbitrary transaction for an
arbitrary chain and then that that that signed that signed payload that signed
transaction can then be relayed to that chain which means that any near
account can sign for any chain and interestingly that also means that any
smart contract which can be you know a near account which you have no keys on
it so it's immutable and it's a smart contract can then trigger signatures for
any chain which you know that opens up like an entire set of these type of
products so an intent relayer is a really simple one right it's basically
like I have tokens on say Bitcoin Ilya has tokens on Ethereum and we want to
trade we don't necessarily want to bridge the Bitcoin to Ethereum you
obviously can't go the other way and so we want to figure out how to do this in
as trusted civil way as possible and and one of the challenges with doing this
with without this type of chain signatures tech is that your Bitcoin has
no way to really know that something has happened on the theory that says like
how do you do this in a trustless way it also maintains a decent user experience
and then if you generalize this even further to like chain X and chain Y or
layer to X and layer to Y or you know any number of the tons of different
paths that there already are and you know you really don't have very good
solutions you'd have to go with a pretty centralized Oracle because that's the
only way you can just spin up all the new changes quickly as possible or you
go through centralizing changes or you know some other less ideal options and
so with our with our chain signatures basically new chains will just like new
markets will be able to spin up for new chains as soon as they're added as soon
as they're live as soon as they have a mainnet as long as their key type is
supported which you know after a month or so of launch of this will be ECDSA and
ED25509 which covers a lot of the chains out there then you'll be able to build
this product so that's one example there's all types of cross chain
applications that can be built you know swaps and like a decentralized order
book is just one category there's people talking about building lending protocols
where you can basically use any asset on any chain including even some like
natively staked assets as collateral and then borrow USDC against that collateral
so there's there's a big design space there so that's like one aspect and then
the other aspect is potentially even more interesting is a DeFi on non smart
contract chains and the reason this can work is that you can have a near smart
contract that can sign transfer transactions and effectively act as an
escrow account for any chain including all the non smart contract ones so that
you know Bitcoin, BitTensor, people are excited about Celestia, Adam, there's a lot
and more coming actually so yeah you can you can basically you know have this
near smart contract act as the custodian so it can it can you know it can lend
out tokens it can it can act as escrow for swaps like you disguise sort of the
limit of what that design space looks like a popular idea people are talking
about right now is building like a decentralized Bitcoin ordinals
marketplace where you know again all the custody will be managed in the near
smart contract and you could potentially even let people trade assets on any
chain out there for those ordinals which can get really wacky so yeah if anyone on
this call is interested in building any of these areas we'll be publishing kind
of like some requests for projects and there's a very long list of some super
exciting stuff but please please do reach out yeah so I got a question for
for even in kind of so both of you guys seem to be sort of behind pushing this
chain of structure narrative in the near ecosystem right so how do you think how
do you think we can best get quite excited and involved here you know like
a common complaint is that the documentation is a bit lagging behind
right on chain abstraction so sort of is there anything you guys can say like
to you know to tell projects that are interested in learning more about chain
abstraction on there well the the docs will be live next week that will happen
so that'll be a great a great starting point we'll be checking out the docs I
know there's a lot of people who've been waiting for those and the team's been
working really hard and yeah there'll be a lot more to dive into starting next
week yeah in the meantime you know I think it is blog post is a really good
job of kind of going through what's possible I think that's a really good
starting point I definitely recommend everybody read that it kind of talks
about some of the potential use cases talks a little bit about you know how
the tech itself is going to work and we're just the vision of where we're
aiming to go so I'd say start there and keep your eyes peeled on on the near
protocol Twitter for next week when there'll be some some deeper technical
content coming that everyone can can sink their teeth into I've been the
applicant in this blog by the way so everyone go check it out it's actually
it's actually really how this the grid but yeah and kind of let me both ask you
you you know you'd ask me where do I see that in a year from now and you know
like I struggle to give an answer back my brain is just like I think I can't
think about what I'm doing tonight you know but for both of you where do you
see that that in a year from now ideally in the best-case scenario I'll just
mention a few things that I was thinking while you were responding actually and
actually I'm just ripping off Kendall's ideas to be clear so one of the really
cool thing is that you know as right now like you know if we imagine there's
like 10s of thousands of rollups launching all of them need kind of set
of basic P5 primitives they need you know a way to kind of get in and out
assets they need like a lot of pieces of kind of infrastructure and the cool
thing about Dabdap is actually it has the hardest part which is the front-end
kind of in like a little bit of a data layer and the easiest part is actually
deploying all the smart contracts and get like rolling out all that setup and
so I think there's gonna be an interesting kind of potential use case
which is like a roll out to minimal viable DeFi ecosystem on a new chain
roll up kind of using account aggregation and decentralized front-ends
kind of as a tools but you know you literally just like oh I have a new roll
up here is a chain ID and RPC endpoint you know you plug it in and then through
chain signatures it signs a bunch of transactions to deploy the contracts it
like hooks up the you know decentralized bridge it you know clones
front-ends points them that this RPC and boom you have like a new network
actually in that Dabdap fully you know set up with Uniswap landing and
everything around that so I think like there's interesting kind of design space
there around like this kind of roll outs and kind of usability that comes
with that but then I think for users the other side of this is just there'll be a
lot more aggregation right like similarly how account aggregation is
helping kind of aggregate you know all of those desperate identities across
chains we'll see a lot more aggregation as well for you know swaps and lending
where you're able to do it across all chains at once in one front-end you
don't even need to switch and kind of navigate like oh it's a linear swap or
you know zk-sync swap etc you're just like oh I want you know I want to send
zk-token zk-sync token to linear token like swap it and it figures it out and
again some of the account aggregation use cases are powering that underneath by
you know providing the kind of smart contract for intent order book to
actually deploy the like execute this but as a user you'll just have like a
single front-end and then if you want you can kind of navigate into sub
specific ecosystems details so but yeah otherwise I mean Kendall I'm sure you
have a lot more ideas no I mean I yeah I definitely think you know what you
described about like I mean yeah I mean we've seen how low the barriers getting
to launching a layer 2 or layer 3 with all these roll up to the service and
when you add you know yeah the entire you can like ecosystem as a service it's
to get pretty crazy so I'm definitely excited to see people build that yeah I
mean I think that you know it what would be really cool to see in which is just
not really possible now but I think that that could could certainly enable
within a year is the ability to like not even really know what's chain you're
using I mean I don't think every user will want that by any means so
certainly there's like you know maybe it's like a mode you can go into but I
think that that that should actually be possible where you can on-ramp through
whatever is just easiest so it'll be kind of like almost choose where you're
coming from like what you know it's like it'll be like less about which chain you
end up on it'll be more about like which chain has the best on-ramp for where
your bank account is or your credit card or whatever it is and then pretty
seamlessly if you want to you know use an app where you and you don't currently
have assets there or gas there in the background basically using this kind of
intent relay or using the like the multi-chain gas relay or whatever whatever
set of products needs to be used your assets can be kind of moved across and
all you'll be displayed is the cost we're doing so it'll be some some
negligible cost or you know depending on where you're going maybe more
substantial it costs to get there but that'll just be presented to you as like
a cohesive fee it's like the swap fee all the fees will be kind of bundled
into one I think that would be pretty magical to see that happen I think that
that is really well positioned to do it and I think you know especially like
we'll see might be prime for another you know another kind of you know positive
market so to speak over the next couple years and if we do see you know that
renewed interest from both retail institutional like all the different
groups I mean most of them they start from you know from basically zero or not
from much and they don't want to spend all this time reading about you know the
complexities of like how to determine how much gas to pay out there am or like
what assets to get or any of this or what bridges to use because there's
always trade-offs there and I think that yeah I think that that really gets
abstracting all that away at least presenting that option for users who
just want to like earn 27% API on Athena without knowing much about the details
not that they necessarily should but maybe just like actually zoom out out of
this one other thing that I think that is in the best position to do is
actually disrupt the central exchange kind of monopoly on onboarding users
into crypto because right now like the only way new people coming in is by
definition like almost by definition to central exchange it's like very little
other opportunity like other places which truly invited new people I mean
there was like for a while and if D was kind of an interesting magnet but at the
end it's you know we see even now like Coinbase and others are kind of picking
up as a as a forefront and it's because like they provide this ease of use
experience and kind of abstract the blockchain like in a way central
exchanges has been the chain abstraction of crypto for that for you know for the
past 10 years and so I think like as you know dapdap and also other products
like that mature we're gonna see the shift because you know it is not
custodial you know you did it has kind of lots of benefits you get access to
everything right away you don't need to wait for you know this exchange to list
something or support the new network or whatever you know support this use case
right and roll out this like specific stake token like you just use it
whatever is available on any chain and so like that kind of experience means
like people can start spending most of their time in the custodial world using
this versus kind of sitting on exchanges I think one of the important pieces for
that will be privacy I've kind of posted a little bit about that over the weekend
I think account aggregation can also be a really powerful tool to create privacy
in like a very way still using most of the like most of the transparency tools
of blockchain right so you know right now users usually have like lots and
lots of like addresses to make sure to dealing usage of different assets and
different applications and so with the kind of creation you can actually have
all that you know where dapdap is kind of facilitating you know creation of
separate addresses for every single interaction and then being able to
reconcile all this under the hood but kind of a user sees the holistic picture
across all this so I think that's like to me that's kind of the vision where
a lot of the species are starting really to come together and provide novel
experience that is rivaling centralized exchanges with kind of their you know
fully cut fully custodial set up with you know some of them going out of
business sometimes in very unpredictable ways right but actually giving users more
and more control and actually you know fulfilling the vision of the space which
we kind of set out to yeah just to put your points I think it highlights
something more interesting right like that that can go to a lot of places from
here you know to Kendall's point right like sort of even abstracting the way
that the whole chain uses around but then at the same time I think you know
now with our main at lunch right we're really sort of catering more towards the
the DJs right the hardcore adult farmers and they're having a great time but
it's very interesting back to see that how we can go how we can go from here
and I actually think so yeah yeah it's been that up really well right I think
he's one of our biggest KOLs if you had an invite link right you never have to
that up again let's just put it that way but one of those things that you said
while you were you know busy sort of giving us good good advertisement almost
I think was because that that it's right now the gateway is not actually open
source but you can actually verify that you're interacting with older you know
the smart contracts right so like if you're on if you're on like if you're on
uniswap right you can verify you're actually interacting with the uniswap
smart contracts but one of the next steps for that that could also be you
know going fully open source and I think I remember seeing somewhere in the
comments like you were saying that one of the features where you could envision
that I'm going to is becoming almost like a like a like a self-hosted VM if
I'm correct well it's more like you can just run it as an application locally so
right now right you need to go to that dotnet but you can imagine actually
running the whole thing locally you have all of these applications you're
connecting directly to blockchains so you have a look like a very different
you know kind of direct experience where you're not interacting with like through
any middleman I think that that also is a really interesting again was in this
like self-custody full sovereignty vision right it kind of brings one more
piece and I think especially right now given you know some countries some like
either regulating or not regulating nobody knows actually what's going on
and you know a lot of applications kind of out of caution or you know blocking
access to users of specific countries like all of that is you know kind of
counterintuitive in a way to the to the vision of the space which is kind of
global system and so having a local version that you can run on your computer
you know it just downloaded it actually is protected by all the same kind of
record like set up as browsers are in the regulatory framework and so you can
use this as an individual accessing things right because like you're
shifting it from you know the application developer who kind of
distributed software now you know just downloading a browser that's just a
browser of defi and browser of vap3 that you know that that this kind of is
and being able to you know you have the user leverage that so I mean part of it
is it's kind of you know problem that like there's no clear requirements
across all this stuff and people are figuring out on the fly but we do have
an examples of that as browsers and I think it's really important to kind of
showcase to also regulators and ecosystem as a broader ecosystem that
this is very much like you know navigating your internet which is vap3
and you can have a new browser which is that that in this case that helps you
navigate that and it can look like a regular browser it can be a web app it
can be an operating system later but you know you can pull up this apps and
so I mean that's kind of the you know fundamentally the like you have this
freedom because kind of the way that we build and because like all of these
things are you know like leveraging blockchain on the back end and you know
open source on the front end. I think we did a good job of positioning that and
sort of the chain abstraction narrative with also where it sort of nearest going
and that's coming next week you heard it all here but I also want to be
mindful of everyone's time so I think amargas do you want to maybe open up
the floor to see if we can get some questions going yeah 100% I mean there
have been a few requests throughout the session so I'm happy to bring some
people up here if anybody has any further questions or feedback or anything
that they want to ask with the dapdap team Ilya about trade abstraction please
feel free to request speaker. So what people are requesting I just want to
ask you know so what is what is the blockchain operating system right now
because you seem pretty adamant that it's not just near JS. Well I mean
blockchain operating system is the kind of this operating system of the future that
includes you know decentralized front-ends it includes account
aggregation it includes kind of unified data layer that has also your private
data so like right now you know dapdap still uses some kind of server right to
keep track of things for individual users but you know looking into the
future will have like I want my data about you know to not be stored on
blockchain like directly in the clear text right it's it should be private it
should be encrypted it should be backed it should be easily accessible by
applications that run on my side so all of that stack of kind of applications
right of technologies is what we call blockchain operating system or like you
know self-sovereign operating system now it is a few like it is a future vision
right and so we're working toward it and I think last year we kind of announced
blockchain operating system but shipped the decentralized front-ends now we have
shipping account aggregation right and then we'll have more layers like you
know we'll have it on edge AI layer that is able to interact with your
private data and have predictions and maybe even generating the front-ends for
you we'll have you know private data layer that Calimara is working on so
like there will be other layers kind of that are in progress by different teams
and all together we forming this kind of operating system of the future markets
we want to bring someone up yeah hundred percent of course so you have
emceg here that's been that requested speaker let me go ahead and bring them
all right you are connected emceg here you should be able to unmute
I'm not sure if there's a connection issues we'll give it another 10 seconds
emceg here if you are if you're trying to talk you are muted
hello sorry I'm just having the kind of a network lecher or thank you so much
for the opportunity so um there's this question I want to ask so um the
dub-dub is built on the blockchain operating system so I don't know if it
is possible for someone to actually connect his near wallet and then
exploit it because what I can see is someone can only connect dub-dub to his
EVM wallet like a layer two blockchains like ethereum the ibetram and some other
layer two blockchains is it possible maybe in the future someone can able to
yeah for sure I'll let you answer in a bit about the future where you could go
because he actually gave a really good response in our one of our group chats
but in the meantime I can just say that you know like that that is very we're
fully focused on there but the reason we really went for our main app being like
ethereum there to go to market was really because we want like a product market fit
right and I think the sort of establishing that experience layer for
you know initially mostly like airdrop farmers is the it's like the clear cut
way to go and because you know like um fast auth and account aggregation are
also quite novel and not really there it doesn't really make sense for us to
support near as I think you know like a layer 1 blockchain right now but maybe
in a few months that will definitely be a core focus right because then we can do
some really cool stuff in the idea of something else that yeah so I mean we
talked about account aggregation and kind of as that gets integrated you will
be pretty much signing up with a near wallet which also in the future will
include metamask as a near wallet and you will be able to transact both on
near and allow the chains through that one account and so the idea kind of as
Kendall mentioned you'll be able to go and pretty much have all the applications
like and not really caring about which network they're in and just kind of you
know start your vaccines and we will not need to like switch networks you will
not need to like hey do do I need to bridge stuff you know do what is my gas
looks like what gas token is that network has you know how much gas do I
need like how much how much money for gas do I need you know I need to plan out
like I'm planning to like swap do a lending thing you know have a leverage
okay so I need to have three transactions each one is like 100k gas
gas prices are there it's like you don't need to do any of that so this is what's
coming with account aggregation that's lot like the kind of negation kind of
base functionality is launching end of March probably will need you know like
another month to kind of solidify it with some early users and then we'll
start seeing it you know that that integration kind of probably in a couple
of months I don't know if Kendall has more specific that much but I would
expect yeah in kind of three months ish you will have kind of experience where
you can log in with near and interact both with near and other chains
yeah I know do you have anything to add? I think you like covered it pretty well yeah
I mean basically yeah I think like Q2 is what I'd look for and tech with a
point I think what's gonna be really cool is like part of the vision of
account aggregation is actually just extending the amount of change your
existing wallets can interact with particularly if you're a metamask user
because we'll have really good support there basically like initially any wallet
that supports near which fortunately is more and more all the time will be able
to interact with any chain especially you know via something like that that
and then before too long you know we actually want to really just make it
easier for wallets also to add support for new chains which is going to be
really powerful. I'd still also add it's a I'm severe hope I pronounced it right but
hope that answers your question earlier we were talking also about sort of you
know blockchain operating system experience layer that that gateway and
right now I think just the fact that it's a website is also even a bit of a
limitation almost we really want it to be like a you know like a single app
that you use so I think we're also going to prioritize like a desktop version
coming soon and then eventually I can you know like mobile app support it's
it's just a bit hard right because there's so many different apps that you
have to optimize for but that is really like sort of at least the experience side
of things that we're looking to solve as well just to echo. Also I just want to say
I think I also get it right now our number one points points participants on
the leaderboard so yeah shout out oh yeah yeah thank you so the question is
actually intentional so just wanted to know have an alpha so know what is
actually coming maybe what I was what we can expect in future about that thanks
thanks it's actually brought and then the response what actually good thank
awesome thank you thank you so much for coming up and asking your question and I
really appreciate you joining us today as speakers Ilya, Eero and Kendall just
before we wrap up we are at time doesn't look like anybody else requested to come
up as speaker does anybody here have any more anything else they want to say any
call to actions to the audience before we wrap up for the day well if you go to
my bio right that that is invite only still right but if you don't have access
to bio I haven't had any time to show this so I have a my own invite link
there right so I will be getting points go to my go to my profile there's an
internet link there and yeah that's it for me also okay but like on a serious
note for it for that that right next week they were to on boarding week we're
gonna have some really cool campaigns with seek it's seek it's cool and also
linear right like they've been fantastic partners to work with as well and they
have some really like really cool that's building in the ecosystem we're also
excited to expand support like I said to more additional that partners as well
and bullet partners so you guys keep checking in them that that and we got so
many more announcements coming but that's that's it for me yeah I would
just add that like obviously next week is hitting off list in Denver at is
Denver and kind of latest stuff we have a ton of events there's a loo dot ma
slash near Denver 2024 it's like an insane amount of events here there and
so we'll have stocks we'll have chain obstruction day to kind of really dive
in across not just near but kind of the whole that three ecosystem people
working on this kind of global vision across the medium cosmos near and other
folks as well as obviously we'll have you know some of this presented at is
Denver so yeah if you're around join there otherwise you know there will be
live streams and kind of follow it on Twitter across the board after sure so
I know Kendall speaking up chain of tracking day Ilya speaking up chain
obstruction that eat them for and also that that the speaking have chain
obstruction that eat them for so like eat then we're also next week biggest
alpha alongside chain obstruction dogs I will say also like we'll actually have
our PD talking there Nick right so if you were wondering like why am I you
know why I was like stumbling and don't know what to say it's good normally I'm
supposed to be the speaker here but if you go to chain obstruction day you'll
hear like some proper shilling by our beauty so
all right well well I like everyone I like everyone and I get used to piggyback
that for anybody that is planning on attending eat Denver just for all of the
kind of content that we have planned on the near side please join the telegram
group I pinned it briefly to the top and you can find it in the comments right
after the spaces you know gonna be an exciting week but yeah looking forward to
seeing you all there those who are going appreciate you all joining us today and
definitely check out dapdap and I hope to see you on the next one take care