I've said it before, I'll say it again: the NEAR One team just keeps shipping, and shipping, and they never fail to impress me. As a core dev, I can appreciate how difficult any one of these things is to accomplish. Delivering them all in the span of a few months is next level.
Very proud of what the Near One team is able to ship in the first five months of 2025:
- Expand from 6 shards to 8 shards on mainnet. 33% performance improvement. One-block shard split that makes future capacity increase much easier
- Reduce block time to 600ms and finality to 1.2s
- Global contract. Makes deployment of popular contracts more than 100x cheaper and pave the road towards sharded smart contracts
- 300x throughput and 60% reduction in latency for chain signatures. Also added EdDSA support. Now basically every blockchain is supported
- Evolve Rainbow bridge to Omnibridge and support Bitcoin, Solana, Base, and Arbitrum in addition to Ethereum
We continue to innovate at the frontier of blockchain technology. I am very excited about what we will deliver in the rest of the year: 1m tps, even faster block time, incorporate TEE into chain signatures, and more
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