You don't need a botanist degree to understand Nightshade 2.0, despite its complexity, the giga brains from NEAR One and NEAR Dev Hub break it down.
Introducing Stateless validation: simpler blockchain architecture and boosted shard performance.
Unlocking real-time ZK Proofs:
Hardware acceleration brings us closer to real-time proof generation.
Once achieved, integrating it into the protocol could bring incredible benefits.
ZK tech has so much potential, and real-time proofs will open up amazing possibilities.
Reducing storage intensity with Stateless Validation, Nightshade 2.0 enables validation via state witness - no longer is it necessary to store the entire state locally.
Increased efficiency, reduced cost, and improved decentralization with Nightshade 2.0.
Say gm to the largest technological step toward NEAR's vision.
Say gm to stateless validation.
Say gm to Nightshade 2.0 🌺
NEAR Protocol's novel sharding design has been successfully upgraded and is live on Mainnet.
gm, stateless validation: an innovative approach to validating state transition, or the process of updating the status of all the data posted to the blockchain.
Now, NEAR validators no longer have to maintain the state of a shard locally.
gm, scalability & usability improvements: Nightshade 2.0 Improves single-shard performance significantly and adds capacity for more shards.
NEAR currently has 6 shards with a target of 10 shards by the end of 2024.
The day has arrived. NEAR Protocol’s Chain Signatures tech has moved into mainnet.
We’re ready to move forward. Together. To a Chain Abstracted future.
It’s time to tear down the barriers to entry, liquidity, and usability.
Cont...
Chain Signatures allow the signing of any transaction on any blockchain directly from your NEAR Account.
Today, Chain Signatures launch for Bitcoin, Ethereum (and any EVM chain), Dogecoin, XRP, Cosmos, Polkadot, and more. Any ECDSA based chain is compatible.
Solana and more launching soon™
With Chain Signatures, you can:
Use your NEAR Account to interact with (almost) any chain
Unlock bridgeless Omnichain DeFi
Launch Omnichain tokens - one token with issuance on multiple chains
And so much more.
As of now, there are dozens of teams building with NEAR’s Chain Signatures tech, let’s take a look at some of them:
Divide and conquer. A tactic used by those in power for millennia.
United we stand, divided we fall.
There has never been a more pivotal time to unite against big tech & data tyrants.
Join [REDACTED], the IRL Movement, Bangkok, Nov 9-11
🧵
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”
Hardcoded into the original Bitcoin block, Satoshi gifted Bitcoin to the people as a weapon of mass reconstruction. A way to build a better system. A way to reclaim your financial sovereignty.
For too long, Web3 has been divided by tribalism.
We have lost sight of the end goal: a truly open digital world.
Not a world in which big tech, surveillance states, or corporate interests, have control over what you see, hear, and do.
And, soon, as control of the world’s most powerful technology, Artificial Intelligence, converges into the hands of the few; what you think.
@EthCC @agoric @ParticleNtwrk July 6th - The NEAR Ecosystem is playing a part in the Open Source AI Summit from @ericaplanet - join in to discuss the future of user-owned AI.