We’re aiming for @NEARProtocol to process 1 million transactions per second within this year, starting in a testing network. The goal is to prove how NEAR’s sharding design can support the massive influx of volume our industry will likely see from AI agents
Bowen Wang
878 posts
- And 6-7 more chains will get integrated this month
- NEAR has never gone down since mainnet launch in Oct 2020. Something that almost no one appreciates...The SUI network went down today! A consequence of innovating on the cutting-edge What SUI has done is still far more impressive than any dinosaur chain's uptime! 🦕☄️🌊 Cryptocurrencies should never go down Early development has always been a painful exception to that rule...
- NEAR mainnet just finished upgrading from 8 to 9 shards today, improving throughput by 12.5%. It was a seamless live upgrade and the network remained stable throughout the upgrade process. The previous upgrade from 6 to 8 shards was the real technical challenge, where we
- Market is going down but @NEARProtocol is moving forward. We will launch another episode of stakewars in July to prepare for the sharding phase 1 launch in September. More details to come in the upcoming week. Sign up at near.org/decentralize if you are interested 😃
- $200m volume in the past 24 hrs. Unstoppable liquidity is NEARNear protocol just flipped to #1 cross-chain infrastructure.
- NEAR protocol version 2.9.0 is now live on mainnet, making NEAR’s halving upgrade officially complete. This protocol upgrade significantly enhances NEAR’s tokenomics, establishing a much more sustainable approach to inflation and helping to reduce unnecessary dilution. In tandemNEAR has successfully completed its halving upgrade on mainnet. This upgrade reduces the maximum annual inflation rate of NEAR Protocol from 5% to 2.5%, ushering in an era of more sustainable tokenomics and strengthening incentive alignment across the NEAR ecosystem.
- Chain Signatures are a very powerful innovation that make @NEARProtocol much more than a blockchain. They underpin systems like NEAR Intents and help turn NEAR into an abstraction layer for executing transactions across many different blockchains. Rather than managing multiple
- Trying to compete with @ilblackdragon for attention is hard but here I am. @NEARProtocol mainnet just finished upgrading from 6 shards to 8 shards today. Many have talked about the significance in terms of 33% capacity improvement etc and here I want to share some insights from
- It's just the beginning of an exponential growth. Expect to get more adoption once we have escrow, lending, and borrowing built inNEAR Intents = The Universal Liquidity Layer 0 to $1B in volume — 305 days $1B to $2B in volume — 35 days $2B to $3B in volume — 20 days $3B to $4B in volume — 8 days
- Hope everyone has seen the big news that block time on @NEARProtocol reduced to 600ms today. Many have asked me how this number was decided and what technical improvements enabled the reduction in block time. In short, we implemented a clever optimization in block production that
- Something epic is cooking at @NEARProtocol. Will take to some time to get to production but we are looking at 2.2 - 2.4 blocks per second. Kudos to @looogarithm for the great work!











