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Today, the Aurora project (@auroraisnear) launched on #NEAR, combining EVM compatibility with bridge functionality to make NEAR the first L1 which can operate as a turbocharged L2 for #Ethereum.
near.org/blog/aurora-laโ€ฆ
Hereโ€™s what that means and why itโ€™s win/win/win ๐Ÿ‘‡
For starters, #NEAR is a smart contract platform on the NEAR Protocol blockchain, which uses a novel consensus to keep block times at about 1 second and sharding to ensure it scales.
Normally, contracts are async and written in #rust or #assemblyscript.
But smart contracts are arbitrary code without boundaries. Imagine if you could build a smart contract on NEAR which took advantage of the underlying performance of NEAR but could run the synchronous #solidity apps which power Ethereum?
Read 13 tweets
1/ In the series of "Let's explore #Ethereum killers Tuesday" we have NEAR blockchain or @NEARProtocol in Twitter

If you are a smart contract dev or blockchain investor you will find this thread interesting.

๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
2/ I participated in an online hackathon sponsored by NEAR: "Hack the rainbow".

This was around NEAR's Rainbow bridge product that allows tokens to move forth and back between NEAR and Ethereum blockchains.

gitcoin.co/hackathon/hackโ€ฆ
3/ The good

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NEAR project started back in 2018 as "decentralised platform", aim to be the developer-friendly blockchain solution. However, it was not until 2019 when the project evolved a full blockchain and things became more interesting.
Read 49 tweets

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