• Near Protocol is shifting to become a “Blockchain Operating System” (BOS)
• The system will enable users to discover open web experiences, compatible with any blockchain
• It also provides developers with pre-built frameworks and libraries for user profiles, payments, notifications, and platform search.
Near Protocol Shifting Focus to Blockchain Operating System
Near Protocol is shifting its focus from a sharded, proof-of-stake layer-one blockchain to a “Blockchain Operating System” or BOS. This shift marks a significant turn to the protocol’s emphasis on building user-centric experiences in the Web3 space. The Blockchain Operating System (BOS) will operate as a product-first platform that developers can build on and users can participate in as a single space, bridging efforts between Web2 access and Web3 use.
Features of BOS
The features of BOS include asset creation and management, smart contract implementation, composable decentralized applications, as well as developer tooling and socialization features. Additionally, it offers wallets from one chain to interact with another via seamless bridging. It also provides developers with pre-built frameworks and libraries for user profiles, payments, notifications, and platform search.
Benefits of BOS
The primary benefit of Near Protocol’s Blockchain Operating System is that it creates a single point of entry for users to browse and discover open web experiences compatible with any blockchain. This opens up the opportunity for developers to quickly build improved apps while leveraging already existing components without having to host on a localized server or cloud container.
Importance of BOS
The importance of this system lies in creating an easier way for users to navigate within the Web3 space without needing technical knowledge or expertise about different blockchains. By providing an all encompassing access point for various blockchains in one place makes it simpler for developers who are looking into utilizing multiple blockchains at once without confusing navigation or setup processes involved when dealing with multiple blockchains independently from each other.
Announcement by Near Protocol
Near Protocol announced their transition through their blog post which outlined how their Blockchain Operating System works in detail. The idea was first discussed by Illia Polosukhin at ETHDenver industry conference where he highlighted how the composable decentralized front ends can work with any back end regardless if it’s Web 2 or 3 along with any wallet type making interaction between them much easier than before making it faster for developers to build apps which requires less effort if compared down the line when needing changes/updates made on these apps built upon multiple chains simultaneously in future scenarios