Near Protocol's Nightshade 2.0 Upgrade Goes Live, Boosting Efficiency and Scalability
• Near Protocol, a popular Layer 1 network, has launched the Nightshade 2.0 upgrade on its mainnet, introducing stateless validation and significantly improving validator performance, transaction execution speed, and shard capacity.
• With Nightshade 2.0, validators only need to track a single shard instead of synchronizing with all six shards, enhancing efficiency and reducing the cost of operating a node.
• The upgrade is expected to increase Near's transaction throughput by five times, making it one of the fastest sharded networks in the industry.
• Near Protocol has experienced remarkable growth over the past year, with a 570% surge in cumulative transactions, a quadrupling of wallets created, and a significant increase in daily transactions, reaching a peak of 7 million on August 20, 2024.
Source: https://thedefiant.io/news/blockchains/near-protocol-deploys-nightshade-2-0-upgrade-on-mainnet Show Less
