According to an interview with Hosseeb posted by Miles Deutscher, the NEAR Protocol will likely succeed as there are over 12 million Java developers currently. He thinks NEAR has a good chance currently compared to ETH. Aside from Agoric, NEAR is the only blockchain that enables users to create Javascript-based smart contracts.
Hosseeb also makes the distinction between Javascript’s 12 million developers and Solidity’s 200,000. He thinks that making blockchain programming approachable is necessary if one wants it to become widely used.
6. $NEAR has a real shot.
"NEAR is the only blockchain besides Agoric that allows you to write smart contracts in Javascript."
Solidity has 200k devs, but Javascript has 12 million.
"If you want blockchain programming to go mainstream, you need to make it accessible." pic.twitter.com/hdQTEiaw1u
— Miles Deutscher (@milesdeutscher) January 18, 2023
What is NEAR currently cooking?
The company’s 2023 plan, despite facing criticism for its spending plans, states that increasing NEAR use would start with a top-down strategy centered on partnerships. The Foundation’s top-notch business development team is concentrated on partnering with big apps and brands that have sizable, well-established communities to work with NEAR on practical use cases that encourage participation, such as ticketing and earning. The focus verticals with the most traction are loyalty, entertainment, and sports. Significant alliances have recently been formed with Grupo Nutresa, Google Cloud, and Sweat Economy.
In the coming year, NEAR will adopt a bottom-up, grassroots strategy that will let the community fund its own growth through grants, notably through the Developer, Marketing, and Creatives DAOs.
In order to further decentralize the ecosystem, the NEAR Foundation will no longer actively give funds to initiatives. Instead, it will assist the community in making these decisions. The NDC, which has gained initial traction and just established a new Governance Working Group, will assist these grassroots DAOs and has plans to roll out a v1 governance infrastructure for the ecosystem early next year.
The NEAR Foundation will establish an early-stage accelerator in the coming year to help potential NEAR initiatives and entrepreneurs in areas such as education, technology, recruiting, legal, UX, and GTM advice, positioning them to develop into tomorrow’s iconic Web3 projects.
Could NEAR be outdoing ETH?
Sharding was removed from Ethereum, however, $NEAR did not follow suit, which might have a significant effect on chart data. After becoming so far behind schedule, the Ethereum development team came to the conclusion that it would be best to cease up and instead focus on rollups.
According to Hosseeb, NEAR “gives you the path to unlimited scalability.”
Ethereum ditched sharding, but $NEAR didn't.
"Ethereum ended up being so far behind their release schedule, they decided to give up on it and [focus] on rollups."
"NEAR gives you that path to unlimited scalability." pic.twitter.com/L2g1xRcDoB
— Miles Deutscher (@milesdeutscher) January 18, 2023
