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NEAR Protocol, the open-source and climate-neutral blockchain, has officially gone live as a Blockchain Operating System (BOS), which makes Web3 usable for all.

With the launch of BOS, anyone can create their own frontends and customise them to work with the blockchain of their choice. This groundbreaking development means that builders from any ecosystem can easily create components with just a few lines of code and take advantage of fast onboarding to create new and custom Web3 experiences.

Illia Polosukhin, Co-founder of NEAR Protocol and CEO of Pagoda, stated that With the Blockchain Operating System, were empowering builders to create custom Web3 experiences with ease.

This innovative technology opens up new avenues for collaboration as it is multichain and democratises access to all blockchains, making it more accessible than ever before. We look forward to the endless possibilities this technology will unlock and the transformative impact it will have on industries across the globe. Polosukhin said.

BOS is a revolutionary industry-first category that establishes the NEAR Protocol as the entry point for browsing and discovering apps and experiences that are compatible with any blockchain.

The BOS removes one of the main challenges of decentralization by allowing developers to deploy apps once and make them available everywhere while giving users an easy way to discover them. The BOS is accessible to everyone, regardless of their familiarity with Web3 technology.

Read also:Former Twitter CEO launches alternative platform, Bluesky

Developers can quickly create apps on a decentralized front end using pre-existing components and a familiar coding experience. With just a few lines of JavaScript, developers can build on any chain, and because BOS is built for multi-chain compatibility developers will be able to deploy their apps anywhere, and have them discovered everywhere.

Also, BOS creates a way for enterprises to quickly onboard Web3. Because BOS is built on JavaScript, one of the most used coding languages, enterprises can build new technological capabilities, roll out new products and experiences, and create opportunities for new revenue without the need for a specific Web3 development team, or complex system integrations.

The company stated that since its inception has been to onboard 1 billion users to a more free, fair, and open web. The first step in the journey was to focus on building a best-in-class L1 blockchain that was easy to build on and use.

The addition of composable frontends to the tech stack enables the NEAR Protocol to function as the Blockchain Operating System, allowing seamless, one-time onboarding for users and eliminating friction points such as the need to create new accounts for each experience. With over 1,800 components available, this technology will supercharge development, making it faster and more efficient than ever before.

Furthermore, the launch of the BOS marks a new era in the evolution of Web3 and the creation of a more open web, and the NEAR Foundation is proud to lead the way.

NEAR Protocol, the open-source and climate-neutral blockchain, has officially gone live as a Blockchain Operating System (BOS), which makes Web3 usable for all.With the launch of BOS, anyone can create their own frontends and customise them to work with the blockchain of their choice. This groundbreaking development means that builders from any ecosystem can easily create components with just a few lines of code and take advantage of fast onboarding to create new and custom Web3 experiences.Illia Polosukhin, Co-founder of NEAR Protocol and CEO of Pagoda, stated that With the Blockchain Operating System, were empowering builders to create custom Web3 experiences with ease.This innovative technology opens up new avenues for collaboration as it is multichain and democratises access to all blockchains, making it more accessible than ever before. We look forward to the endless possibilities this technology will unlock and the transformative impact it will have on industries across the globe. Polosukhin said.BOS is a revolutionary industry-first category that establishes the NEAR Protocol as the entry point for browsing and discovering apps and experiences that are compatible with any blockchain.The BOS removes one of the main challenges of decentralization by allowing developers to deploy apps once and make them available everywhere while giving users an easy way to discover them. The BOS is accessible to everyone, regardless of their familiarity with Web3 technology.Read also:Former Twitter CEO launches alternative platform, BlueskyDevelopers can quickly create apps on a decentralized front end using pre-existing components and a familiar coding experience. With just a few lines of JavaScript, developers can build on any chain, and because BOS is built for multi-chain compatibility developers will be able to deploy their apps anywhere, and have them discovered everywhere.Also, BOS creates a way for enterprises to quickly onboard Web3. Because BOS is built on JavaScript, one of the most used coding languages, enterprises can build new technological capabilities, roll out new products and experiences, and create opportunities for new revenue without the need for a specific Web3 development team, or complex system integrations.The company stated that since its inception has been to onboard 1 billion users to a more free, fair, and open web. The first step in the journey was to focus on building a best-in-class L1 blockchain that was easy to build on and use.The addition of composable frontends to the tech stack enables the NEAR Protocol to function as the Blockchain Operating System, allowing seamless, one-time onboarding for users and eliminating friction points such as the need to create new accounts for each experience. With over 1,800 components available, t...

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Near Blockchain Operating System goes live, onboard Web3 - Businessday

dYdX, one of the most popular decentralized crypto trading platforms, announced the launch of its private testnet on the Cosmos blockchain. The testnet brings the DeFi crypto exchange one step closer to transitioning to a completely decentralized model from its current hybrid decentralized model.

According to a blog post by dYdX, the DeFi exchange recently achieved the third out of five milestones with the finalization of the private testnets launch. The launch is slated for 28 March 2023 and is expected to last between 2-3 weeks. The third milestone covers several objectives including Advanced order types, Dynamic funding rates, and documentation for Validators, among other things.

The decentralized trading platform plans to launch a fully public testnet by the end of July this year, thereby expanding the number of validators testing the changes. The DeFi exchange is anticipating the complete transition to Cosmos from Ethereum by September 2023, which is when its mainnet will go live.

Antonio Juliano, founder, and CEO of dYdX told Bloomberg that the end game is full decentralization for his crypto exchange. The Cosmos mainnet will help eliminate centralized entities that are currently involved with the exchanges operations. The move towards decentralization is also expected to help with the current regulatory landscape in the United States as authorities step up the crackdown on crypto.

I think the end state for everything in DeFi has to be full decentralization. The middle ground doesnt really work indefinitely.

News of the testnets imminent launch has sent native token DYDX soaring. The token has gained more than 12% since the announcement earlier, going from $2.1 all the way up to $2.4 at the time of writing.

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dYdX Up 12% Following The Announcement Of Cosmos Testnet - Ethereum World News

(Kitco News)-MakerDAO, the decentralized finance (DeFi) lending protocol responsible for issuing the DAI decentralized stablecoin, continues to be one of the best examples of how a decentralized autonomous organization (DAO) is supposed to function after the successful approval of the Maker Constitution.

According to a press release shared with Kitcoin Crypto, the MakerDAO community has voted in favor of a governance poll on the MakerDAO forum intended to ratify the Maker Constitution, which will gradually change the operations of MakerDAO and enable the implementation of its Endgame Era roadmap.

The Maker Constitution is a set of 11 constitutional articles and 12 scope frameworks that lay down the fundamental conditions for MakerDAO to move into Endgame Era, which charts a restructuring proposal for the DAO and outlines a path for MakerDAO and DAI to achieve maximum levels of simplicity, decentralization, and resilience.

Endgame is designed to allow MakerDAO to expand its money market investments in the short term and increase protocol revenue, which will be used to buy decentralized collateral such as ETH and staked ETH to reinforce the DAI backing, ensure its stability and maximize its level of decentralization in the long term.

In the months ahead, the implementation of the Maker Constitution will enable public good and charitable purpose for MakerDAO; achieve a maximum decentralized-state for the DAI stablecoin; incentivize voters towards transparency through regulated governance; elect members of MakerDAO with defined responsibilities surrounding MakerDAOs governance operations; and introduce SubDAOs as self-governing and self-sustaining entities within the MakerDAO ecosystem, the press release said.

Once Endgame Era has been fully implemented, MakerDAO will enter the Endgame State, the ultimate vision for DAI and the Maker ecosystem. In Endgame State, SubDAOs will be able to operate as independent entities using their own tokens, helping to increase MakerDAOs level of accessibility and decentralization.

There will be three categories of SubDAOs: FacilitatorDAOs, CreatorDAOs and ProtectorDAOS.

FacilitatorDAOs will be responsible for organizing the Decentralized Workforce of Maker, CreatorDAOs will focus on growth and innovation in the Maker ecosystem and ProtectorDAOs have been tasked with allocating collateral to real-world assets and protecting MakerDAO against physical and legal threats to its real-world asset collateral.

Endgame Era is also designed to increase the resiliency of the DAI stablecoin.

As part of the rollout of the Constitution, Maker plans on improving accessibility by providing easy-to-use software tools, such as data dashboards and AI chatbots, to make the rules, processes and governance results auditable for all DAO participants.

The Constitution also installs the Constitutional Voter Committees (CVCs), Constitutional Delegates (CDs) and Constitutional Conservers (CCs), which fundamentally restructure how the DAO is organized and help to increase its level of decentralization.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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MakerDAO's 'Endgame Era' begins with the ratification of 'Constitution' - Kitco NEWS

In the heyday of the Manning Centre Networking Conference rebranded the Canada Strong and Free Networking Conference in 2020, but with Preston Manning still very much in the foreground keynote speakers from other countries were often a real highlight. Watching Americas Ron Paul defend a brand of libertarianism that simply doesnt exist in Canada, or Britains Nigel Farage wax smarmy-eloquent about the Brexit adventure, younger conservatives in particular seemed to revel in exotic tales from countries where the political spectrum is more than an inch wide.

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Then they would go back to fighting the Liberals tooth and nail over small differences.

One vision often espoused at the conference was always more than a pipe dream, though: Leaving the provinces alone to manage the affairs explicitly delegated to them in the Constitution, and as much as possible even beyond that. Nowadays, its one of very few predictable signature differences between liberal and conservative governments.

Consider health care. COVID-19 smacked many provinces upside the head with respect to their capacities and frailties. Under traditional service-delivery models, the sums necessary to improve outcomes and prepare for future emergencies are astronomical to the point that long-term atrophy is a far more likely outcome. Innovation is critical to avoiding that, and Ottawa shouldnt stand in the way.

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We (conservatives) run away from healthcare. We should run towards it, Alberta Premier Danielle Smith argued in an afternoon discussion with Canada Strong and Free Network director Jocelyn Bamford, defending her governments embrace of private health-care delivery and other innovations.

Part of the reason why health care doesnt work is its being operated in this top-down (model), but we can have a private delivery public funding, stay within the Canada Health Act, and bring all the principles we know work in free enterprise to this most expensive service, Smith argued.

Even the federal Liberals seem to realize the wisdom of this. The strings attached to recently concluded federal-provincial health-care agreements are relatively flimsy and uncontroversial: That improving long-term care be a focus, for example (surely no one disagrees after the pandemic nightmare), or that provinces commit to providing comparable health-care data to be compiled in Ottawa (which is exactly the sort of thing the federal government should be insisting upon, the better to determine what works and what doesnt).

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Child care is another good example where confident conservatives ought to have no problem winning the decentralization argument. Canadian progressives tend to be obsessed with licensed and regulated child-care spaces over all others, but in an afternoon discussion about the new middle class, Renze Nauta of the conservative think tank Cardus noted that licensed and regulated child-care spaces on the whole are much less flexible in terms of operating hours.

Especially nowadays, with the rise of gig work and more fluid work arrangements, flexibility is precisely what middle-class parents need, Nauta argued. And the middle-class voter is who everyone is after.

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Quebec City MP Pierre Paul-Hus, Conservative leader Pierre Poilievres Quebec lieutenant, issued an explicit invitation to the other provinces to follow Quebecs lead and band together to wring whatever they can out of Ottawa. And he trod near heresy to make his point: It is true that Quebec is unique in Canada, but so is Alberta. So is the East Coast, Ontario, British Columbia and the Prairies.

(Poilievre) wants to make this country a better place for families and businesses, and he realizes that provinces are unique and have their own unique challenges, Paul-Hus added. Unlike Justin Trudeau, he doesnt believe in one size fits all.

With provincial-rights maximalists like Smith in Edmonton (assuming she is re-elected in May) and Scott Moe in Regina, a Poilievre-led government would seem to offer a golden age of decentralization. But Poilievre himself remains the biggest question mark on that front.

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He is proudly interventionist on housing policy, for example at least if provinces and municipalities want giant novelty cheques from his future government: If junior jurisdictions dont get out of the way of building new homes, Poilievre vows, there wont be any federal funding for housing.

We had a deal in this country, didnt we? You work hard, you follow the law, you get a good house in a good safe neighbourhood, you make a good living and a great life, Poilievre said in his Thursday afternoon speech to the Strong and Free crowd. The deal is broken. Look around you. We have 35-year-olds living in their parents basements because (of) the cost of housing, of mortgage payments, of rental payments.

Hes exaggerating about the deal millions upon millions of Canadians have lived happy lives without owning property. But the cost of all kinds of housing strikes strikes me as a justified intervention after decades of policy failure. If provinces and cities want to go Full NIMBY, they can pay for it themselves. If anything threatens serious social unrest in Canada, its millennials and Gen-Zers who dreamed of owning a house in Toronto or Vancouver and now cant even afford an apartment.

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Poilievres stance on addiction, on the other hand no to safe supply, no to safe injection, yes only to treatment is a wholly unjustified intrusion into what ought to be provincial jurisdiction. Its based on a delusion and a false dichotomy that he shares with Smith and many other conservatives. And its deadly.

The delusion, espoused by Poilievre and Smith alike on Thursday, is that Alberta has done much better than average with its recovery-based model. It has not.

Albertas opioid-overdose death toll in the first six months of 2022 was 35 per 100,000 second-highest in the country, a not-very-impressive seven points lower than ostensibly out-of-control British Columbia, and fully 18 points higher than ostensibly out-of-control Ontario, both of which offer safe-consumption and (more recently) safe-supply.

The false dichotomy is between offering addicts rehabilitation and offering a reliably non-lethal supply and safe place to consume it in the meantime. The supply and the safe space keep them alive. Thats literally the whole point.

Law-and-order issues are catnip to politicians, and Canadians are right to be appalled by the mayhem plaguing many of our cities. But the bedrock conservative principle that government policy is best designed as close to home as possible is an excellent one especially when scores of lives are at stake.

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Chris Selley: Poilievre leaves provinces wondering if he really believes in them - National Post

Keep an Eye on These Coins

The cryptocurrency market had a strong week overall, with nearly all tokens seeing a sizable increase in prices, perhaps because of global economic turmoil. Theres no guarantee this will continue, though that wont stop market enthusiasts from celebrating the fact Bitcoin crossed $28,000. The upcoming weeks will be ones to watch, especially for a select few assets that have performed particularly well in the last week.

This week, we examine XRP (XRP), Nexo (NEXO), Flare Network (FLR), XDC Network (XDC), and Litecoin (LTC). In selecting these assets, we have considered several factors, including, but not limited to, positive technical developments, significant news events, and noticeable changes in price.

The XRP coin (XRP) was one of the biggest gainers of the week, with the cryptocurrency up by 18%. The price bump was likely due to the fact that investors are becoming increasingly confident that Ripple will win its lawsuit against the Securities and Exchange Commission (SEC).

The SEC alleged in the lawsuit XRP is a security and Ripple had conducted an unregistered securities offering in the form of an ICO. Ripple contested SEC's allegations and is reportedly confident of a win. As such, the coin is increasing in value. XRP is now priced at around $0.46, having started last week at $0.38 (see chart below).

The Nexo token (NEXO) was one of the biggest gainers of the week, surging almost 17%. This increase could possibly be a result of Nexo Pro's partnership with institutional crypto data platform, The Tie. The partnership will see the institutional-level tools offered to advanced traders.

Nexo also saw a noticeable increase in development activity toward the latter half of the week, which is another positive sign. NEXO is now hovering at around $0.74 after being priced at $0.64 seven days ago (see chart below).

The Flare Network (FLR) coin increased by 15%, likely as a result of its Songbird Test Proposal 02 going live on the network. This proposal focuses on increasing the decentralization of the Flare Time Series Oracle (FTSO) by introducing a secondary reward band.

In other words, this band increases the number of data providers that can be rewarded, and these providers are the entities that offer reliable data to dApps through a mechanism, which is the FTSO itself.

Another potential reason for the price bump is MathWallet now supports Flare. FLR is now changing hands at $0.034 and was valued at $0.030 last week (see chart below).

The XDC network (XDC) saw a 14% increase in price over the past week. This may be due to the increasing development of the network.

It is now easier to deploy smart contracts, which allows for the creation of dApps. The Pythonic smart contract language Vyper is used for this purpose. One XDC is now valued at around $0.040 and was priced at $0.035 last week (see chart below).

Litecoin (LTC) experienced a 13% increase in price, possibly because its value often follows Bitcoin. The latter has had a good few weeks, and the assets that trail it often correlate strongly with its movement.

Additionally, whales large holders of a particular cryptocurrency have reportedly been accumulating LTC this month, which could also be the reason behind the surge in price. LTC is now approximately $92.5 and was valued at $82 last week (see chart below).

As of the date this article was written, the author does not own any of the assets discussed here.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read ourwarranty and liability disclaimerfor more info.

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Cryptocurrencies To Watch: Week of March 27 - Investopedia