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.
gm, NEAR vision: Upgrades NEAR’s already high-performance and scalable infrastructure to support the growing number of users and activities in the NEAR ecosystem, including consumer apps, Chain Abstraction, modularity, DeFi, and User-Owned AI, to a billion users and beyond.
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.
Through the power of Chain Abstraction and a fist bump, NEAR's tech is connecting dozens of Ethereum L2s.
This is the essence of @DapDapMeUp, connecting users to a world of Ethereum L2s and dApps through a single, seamless, interface.
DapDap is a universal gateway to Ethereum L2s and multiple Web3 protocols. By consolidating the user journey of multiple dApps into a single interface, DapDap enhances discoverability, simplifies onboarding, and abstracts individual interactions.
Ethereum L2s were introduced to help the protocol scale, but fragmentation ensued with over 50 active L2s and 40+ more in development. DapDap streamlines the user experience by uniting the L2 ecosystem on a single interface, reducing friction and barriers.
Six teams.
Twelve weeks.
One AI incubator from @nearhorizon.
From synthetic open data layers to GPU computing, dive into the six projects in the latest HZN incubator that are building the infrastructure for user-owned AI.