Thread by @proximityfi

#BOS: The World's First Blockchain Operating System

A game-changer for decentralized frontends & the Web3 experience. Here's how it works and how it can revolutionize DeFi on #NEAR and beyond.

We breakdown:

1. What is #BOS?
2. The Three Pillars of BOS: Components, Gateways, Blockchains
3. Benefits & Use Cases (especially for DeFi!)

For the full article, see: link.medium.com/6zizCkIsIzb

#BOS is the tech stack powering decentralized frontends for any application on any chain.

It's the common layer where Web3 frontends are built, stored, *and* discovered. Now, #NEARistheBOS: the Blockchain Operating System for all of Web3.

#BOS Pillars: Components & Gateways

A Component is a frontend whose source code is stored entirely on-chain (on NEAR). Components are open-source and composable.

Gateways load and run Components and make them accessible to users. Anyone can run & customize a gateway.

#BOS Pillars: Blockchains

Above all, BOS is *chain-agnostic*. Gateways may run locally or on distributed servers and the Components run on NEAR

...but they can interact with the original smart contracts from ANY chain, and eventually even Web2 backends.

🔓 #BOS can unlock...

Example 1) near.org as the homepage for Web3:

social feed + developer tools + App Store for Web3 protocols from NEAR, Ethereum, Arbitrum, zkSync, and more, all in one place!

🔓 One-Stop Shop Gateways, aka Super Apps

Example 2) A multi-chain DeFi gateway aggregating Components of wallets, money markets, AMMs, and orderbooks. Users can not only discover but *access* the different products with a single wallet sign-in

(*Below is a prototype)

🔓 Improved UX/UI

Example 3) Frontend on @finance_ref enabled by a BOS gateway that allows you to trade, swap, lend, stake, and more, all within the same UI by interacting indirectly with different smart contracts

(*Below is a prototype)

The main benefits of #BOS include:

✊ Decentralization & Censorship Resistance

Because the frontends are on-chain, BOS eliminates the single point of failure that comes from using centralized servers for traditional Web frontends.

🛡️ Security

As we saw with @CurveFinance, Web frontends are vulnerable to hacks. With #BOS, the frontend code is verifiable on-chain & in-browser, making compromises easier to spot; even impossible if the gateway is run locally.

https://twitter.com/samczsun/status/1557100692518473728

👐 Open-Source

Building frontends with #BOS means that the code is public and more compatible with open-source principles by default. Developers can now fork open-source frontends and customize them for their own dapps!

🧩 Composability

#BOS fosters composability by enabling developers to reuse & remix Components!

For example, devs can integrate Components that were created for Uniswap into Lido, or ones that were created for Aave into dYdX, if they decide to enable money market features.

🧈 Seamless onboarding

We foresee UX & accessibility being improved with #BOS...

- All-in-one applications (“Super Apps”) that integrate multiple Components so the user can access everything in one place

- walletless login via FastAuth (just announced at Consensus!)

🧑‍💻 #BOS Developer Experience

- nimble approach to prototyping & constructing frontend apps
- minimal learning curve thanks to JS & ReactJS
- unified platform for collaboration & code-sharing; option to relinquish ownership and create immutable components

For further resources on #BOS, check out:

- #NEAR Wiki: wiki.near.org/overview/BOS/o…
- BOS gateway directory: near.org/gateways
- Docs: docs.bos.gg
- Examples & editor for developers: bos.gg
- For inquires & feedback: t.me/+mpJSZwsVYz9hO…