Close Menu
Crypto Chain Post
    Trending

    How Restaked Rollups Are Solving Web3’s Biggest Scalability Problems

    June 20, 2025

    Elon Musk’s X will soon launch investment and trading features as part of ‘everything app’ vision

    June 20, 2025

    XRP Facing Bollinger Bands Tightening, Here’s Implication

    June 20, 2025

    Legal Expert Says Ripple Is Delaying The Lawsuit

    June 20, 2025

    PI Price Sees Modest Increase After Pi Network’s 100-Day Update

    June 20, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Friday, June 20
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » NEAR to Hit 1 Million TPS This Year: Bold Statement
    Altcoin

    NEAR to Hit 1 Million TPS This Year: Bold Statement

    News RoomBy News RoomJune 1, 2025No Comments3 Mins Read

    NEAR Protocol (NEAR), a high-performance smart contract platform, might be the first L1 blockchain to achieve 1 million transactions per second bandwidth as soon as this year. As explained by its R&D unit lead Bowen Wang, NEAR Protocol will accomplish this numbers thanks to dynamic resharding architecture.

    NEAR is ready to hit 1 million TPS by end of 2025, here’s how

    NEAR Protocol (NEAR), a popular programmable Layer-1 blockchain, might reach 1 million transactions per second (TPS) as soon as this year, points out Bowen Wang, founder of NEAR One, R&D unit overseeing the tech development of the NEAR blockchain.

    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 (@BowenWang18) May 30, 2025

    This development, with 1 million TPS, will be first released on the testnet, Wang explains. Such developments are inevitable for mainstream blockchains to fuel the new Web3 use cases associated with artificial intelligence (AI) and machine learning (ML):

    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

    Meanwhile, Nightshade 2.0, the current approach NEAR Protocol leverages for its sharding design, is already able to process this amount of transaction workload. Sharding refers to network architecture design when the blockchain relies on an ecosystem of interconnected sub-blockchains (shards).

    At the same time, NEAR Blockchain might migrate to the “dynamic resharding” model where shards automatically split and merge according to network load.

    NEAR Protocol will also change the design of its validation instruments. When zero-knowledge proving becomes fast enough, NEAR is expected to replace the merkle-proof based state witness with ZK proofs.

    As covered by U.Today previously, in January 2025, NEAR Protocol kickstarted a partnership with DWF Labs, one of the most influential market-making and trading firms.

    Community remains pessimistic

    The aforementioned developments will significantly lower the overhead in both network bandwidth usage and verification time and pave the path for even better scalability, Bowen concluded.

    He also added that this approach is the only viable way to scale modern blockchains. Such scaling should only boost the opportunities of L1 since the rollup-based L2 experiments will amplify overhead in cross-chain or cross-rollup interactions.

    This, in turn, will destroy user experience and discourage new cohorts of users from using crypto.

    The commentators to the thread didn’t show much enthusiasm about the prospects of the developments, being highly skeptical about the number of users on the NEAR blockchain.

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    How Restaked Rollups Are Solving Web3’s Biggest Scalability Problems

    June 20, 2025

    IOTA Gas Station v0.2-Alpha Launches With Advanced Sponsor Filtering Features

    June 20, 2025

    IOTA Powers $10 Trillion Trade Revolution With TWIN’s Digital Infrastructure

    June 20, 2025

    Chainlink Rolls Out AI-Based Universal Search to Help Developers Navigate Its Ecosystem

    June 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    Elon Musk’s X will soon launch investment and trading features as part of ‘everything app’ vision

    June 20, 2025

    XRP Facing Bollinger Bands Tightening, Here’s Implication

    June 20, 2025

    Legal Expert Says Ripple Is Delaying The Lawsuit

    June 20, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.