Black Dragon ๐
Three months and your BF (Crypto Trader) is now looking for some changes.
Don't you tell that you're still not holding.
#NEAR#BLACKDRAGON
Black Dragon ๐
Three months and your BF (Crypto Trader) is now looking for some changes.
Don't you tell that you're still not holding.
#NEAR#BLACKDRAGON
Black Dragon ๐
Three months and your BF (Crypto Trader) is now looking for some changes.
Don't you tell that you're still not holding.
#NEAR#BLACKDRAGON
Just got back into NEAR Legion andโฆ wow, things are moving fast around #NEARProtocol
But hey, has anyone else got ran into upon @DeFiShardsxyz lately? ๐
Feels like theyโre cooking up something that could flip the whole #NFT game upside downโฆ.
I've officially joined the NEAR Legion!
๐ก๏ธPledged 1% of my net worth to $NEAR and received my Initiate SBT. Ready for NEARvana!
#NEARLegion#DecentralizedAI
๐งต DEEP DIVE: Public AI ( $PUBLIC ) - The Human Layer for AI
With Binance Alpha listing TOMORROW (Aug 15), here's everything you need to know about @PublicAI_.
A thread... ๐1/11
Key takeaways from today's fireside chat with @PublicAI_@PublicAISteven: "We'll do TGE soon. 1 $PUBLIC token = $1" ๐
@ilblackdragon: "If you're not trading the @DataBabies333, what are you doing?" ๐
$PUBLIC is NEAR ๐
I'm still excited about the @NEARProtocol upgrade to 600ms blocktime and 1.2s finality โ improving NEAR's already industry-leading tech with even better performance and Web2-fast latency.
Meanwhile, the NEAR One protocol team is already working on further optimization to make NEAR blocks EVEN FASTER...we're looking at 200ms blocktime by the end of the year.
That's even faster on-chain actions for AI agents, onchain payment channels for novel service delivery, and more DeFi use cases you can't build on any other blockchain. Just build on NEAR.
. @NEARProtocol Protocol has achieved a breakthrough in performance:
- 600ms block time
- 1.2s practical finality
This means that NEAR is now 10x faster than Solana (12s) and 600x faster than Ethereum (12min).
But why do we need an ultra-fast blockchain?
This breakthrough opens up many potential use cases that aren't possible with existing blockchains, such as:
- Real-time AI execution from @near_ai
- Seamless cross-chain experiences powered by NEAR Intents
- True onchain gaming
- High-frequency trading and DeFi with minimal latency
- CEX-like experience for DEX platforms
And so many more possibilities!
NEAR's recent upgrade to 600ms blocks is testing the limits of human reaction time ๐ฎโ๐จ
๐ 400ms, and then 200ms ๐๏ธ๐จ
Grab the bag while you can ๐ฝ
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 reduces the block production time roughly by half. Before Nightshade 2.0 launched, chunk producers distribute the chunk they produce immediately after it is produced and before it is applied, which means the system doesn't get bottlenecked on chunk producer applying the chunk they just produce. Nightshade 2.0 launch did away this optimization because of the need to generate state witness, which you cannot do without applying the chunk. Despite this, given the massive performance improvements on state reads/writes thanks to holding state in memory, we were still able to reduce gas cost by ~2x at the end of last year. In the latest release (2.6), we implemented a clever optimization called "Optimistic Block" that allows chunk producers to immediately start producing the new chunk before a block is produced by the block producer, which again enables this 2x reduction in block production latency. That is why we were able to reduce block time by half. Looking forward, we are working on a much bigger initiative to completely revamp the block/chunk production logic and decouple consensus from execution. If all goes well, we expect to see further reduction in block time to potentially 200ms by the end of this year.