What is Nightshade 2.0?
It’s the latest update to the NEAR protocol introducing stateless validation. This means validators no longer need to maintain the state of each shard, making the process faster and more efficient!
Example: Imagine that previously, every validation on NEAR was like a team having to keep detailed records of every task 📋. Now, with stateless validation, the team can focus on reviewing progress reports 📊 instead of handling every detail personally. This makes the process much quicker and smoother 🚀.
What are the benefits?
Increased Scalability: NEAR currently operates with 6 shards and plans to expand to 10 by the end of 2024. This is like adding more production lines in a factory to handle more orders 🏭.
Lower Costs and More Accessible Hardware: With fewer requirements to run a validator node, more people can participate. It’s like needing expensive machinery 🤖 for the factory before, but now you can use more affordable and modern equipment 🛠.
Enhanced Decentralization and Security: Allowing more validators to join makes the network more robust and secure 🔐. It’s like having more supervisors in different areas of the factory to ensure a safer and more efficient operation .
Impact on the Future:
More Users: NEAR already has over 20 million monthly active users 🌍 and over 110 million total accounts. With Nightshade 2.0, we can handle even more users without sacrificing performance!
Ongoing Optimization: In 2024, NEAR will continue to optimize the network with new techniques, and by early 2025, plans to implement dynamic re-sharding 🔄. Imagine a factory that automatically adjusts the number of workers based on market demand 📊🏭.
Nightshade 2.0 is a major step forward in making NEAR faster, more accessible, and capable of supporting a growing user base. We’re excited about what’s next and how this will transform the network! 🚀
Don’t forget to follow us on X @NearXplorers!
Olgatech
