Topic: [ANN] Near Protocol: NEAR Launches Nightshade Sharding, Paving the Way for Mass - page 2. (Read 664 times)

Aurora is Now Live On Autofarm!

Functional features of Aurora currently include a bridge, block explorer and AMM exchange — TriSolaris, whose TVL doubled to $100 million in just a span of 3 days after its $TRI token launch.
7 new vaults from Aurora’s leading AMM DEX, TriSolaris, have been added to Autofarm. And more will be added along the way as the Aurora ecosystem continues to bloom!

https://medium.com/autofarm-network/aurora-is-now-deployed-on-autofarm-99e0aad1e419

Reality Chain in collaboration with Unique One Network, an epchain candidate from Octopus Network, launched the first metaverse on testnet

https://demo.uniqueone.world/

At the moment, you can add your NEAR and ETH wallets to the whitelist to buy land on testnet: realitychain.io/whitelist

The next step in the development of the Reality Chain is the Paras metaverse.
The upcoming Paras metauniverse will be built entirely on NEAR Protocol (like the realitychain) and will be an option for Paras NFT artists to create art, furniture and clothing.
Everyone can also create their own gallery!

Project website: realitychain.io
https://t.me/near_ru/689

Metaverse AI is developing an "Open Metaverse" on Web 3.0. on high speed and affordable NEAR Protocol

The Metaverse is Coming. It should be Open & Polymorphic...

- Privacy-preserving Decentralized Avatar & Identity Management.
- Zero-Knowledge proofs (ZKP) safeguards privacy in virtual worlds.
- Complete ownership of 3D avatars, identity & metaverse credentials.

https://www.metaverseai.org/

There is nothing yet but this definitely needs to be monitored.

This is very good news sir. It turns out that a new project called PFP generative will be born.
Hopefully I can also get this randomly given PFP
Best wishes for the PFP project.

Nearnauts is launching 1st December!
NEARNauts, the generative PFP project, aims to pioneer the NFT space on NEARProtocol.
Get your hands on one of these 10K randomly generated PFPs, which will be available to mint Dec 1st.
Strap in! https://twitter.com/NEARProtocol/status/1465341387872911362

Near protocol has awarded a $50,000 USD grant to Wannaswap.
WannaSwap is one of the first projects on Aurora EVM. They have built a DEX to enable seamless asset swaps and liquidity provision for the Aurora ecosystem. WannaSwap is directly supported by NEAR protocol and AURORA.

Dante Network partnership with NEAR

Dante is a data storage network with flexible cross-chain service, secured privacy and high scalability. They'll receive a grant from NEAR to build better privacy storage.
The Dante Network team is well-versed, the CEO of the company holds a Master's degree from Xiamen University, and the CTO is one of the internet development practitioners.

https://twitter.com/DanteNetwork/status/1463523630013288448

Simple Nightshade
Today, the code for phase 0 was successfully deployed to the mainnet – it can take several hours or days for the code to be integrated by all network participants.

This phase, nicknamed Simple Nightshade, will kickstart a year of changes and additions to the NEAR blockchain that when complete, will make it super-fast, incredibly secure, and capable of onboarding millions of users into the world of Web3 without skipping a beat.

In this initial phase, we will shard the state, but not processing – meaning the blockchain will still be validated by all the network’s validators. The state will be split into four shards, significantly increasing the throughput of the network. 

Before sharding, blockchains would become congested as the project became more popular.
In this step, we have built a mechanism to split a shard into multiple parts through live upgrades, which will serve as the foundation for dynamic resharding in the future – more on that later. Meanwhile, because every shard is still validated by all validators, the safety guarantees remain the same.



It means they get the same simple, easy-to-use experience, but with increased speed and performance. One of blockchain’s biggest challenges has been scalability: how does a network grow to handle increased activity without compromising on security? Our solution to that question is Nightshade Sharding. 

While there are many new blockchains claiming to have thousands of transactions per second (TPS) and many layer 2 scaling solutions, due to their non-sharded designs, they would all hit an upper limit of what the network could handle eventually.

NEAR’s Nightshade Sharding, on the other hand, allows NEAR Protocol to scale linearly with the number of shards, thereby having the ability to satisfy the demand for transactions as more and more users start to use NEAR. Ultimately it prepares NEAR for mass consumer adoption of billions of users.


Similar to users, developers will not have to change existing processes in order to take advantage of the increase in speed and scalability.

Thanks to Nightshade’s homogeneous design, developers are not exposed to the details of sharding from the very beginning and they will remain unaffected by this upgrade. More specifically, internally we treat cross-contract calls the same regardless of whether two contracts are on the same shard. Therefore, developers should expect no changes to their experience of developing on NEAR.


While transactions per second are often used as a measure of a network’s speed, there are many other factors that go into how quickly a blockchain can verify a transaction.

At NEAR, network congestion, transaction finality and cost are all parts of the puzzle when it comes to assessing how ‘quick’ a network is. For reference, for token transfers, on one shard we can do 800-1000 TPS and with the upcoming sharding with four shards, we will be able to do a minimum of 2500-3000 TPS.

Ultimately, NEAR’s Nightshade is theoretically limitless (by increasing the number of shards) and can handle millions of transactions per second.


In addition to the work on the protocol by NEAR Inc, NEAR Foundation is creating an ecosystem for developers, entrepreneurs, and enterprises to thrive with ambitious funding programs including $800 million worth of global ecosystem funding (now valued at $1.2 billion).

We’re also seeing a thriving gaming, metaverse, and NFT ecosystem emerging, not to mention a DeFi ecosystem that has gone from strength to strength since mainnet launch one year ago.

For consumers, we’re making strides forward to make the crypto experience even easier to use. From simple, language-based wallet names, to two-factor authentication, and staking baked right into the wallet.

This is just the beginning of a period of explosive growth at every level. We can’t wait to show you what’s coming next.

The v1 release serves as the beta where we introduce the DEX to the community using a familiar Uniswap/Sushi based interface. The team is already currently working on v2 which will showcase a fully custom UI that is more information-rich, and adhering to NearPad’s emphasis on design and user experience.

With the DEX launch, we’re now paving the way for liquidity and yield farming flow from Ethereum to Aurora. However, to make the reward distribution fair and equitable to all participants, reward distribution for liquidity pool token stakers will be delayed by 12 hours. This is to allow everyone to stake their liquidity pool within a reasonable time and start earning rewards without being handicapped by their time zone.

“The launch of the DEX marks the real launch of NearPad, as its mission to become the DeFi hub on Aurora becomes more tangible. We’re excited to work with Aurora, Near, and the budding ecosystem projects to make a more enticing and comprehensive offering to all community members.” — Aiden Knox, core contributor

To start farming, go to: https://dex.nearpad.io/
https://nearpad.medium.com/announcing-auroras-first-dex-and-liquidity-farming-platform-92f888d757e4

Due to the delay of the SmartPad team, only yesterday the ido of AURORA started.
Having gone deeper into the project i decided to skip this ido. I don't like the token distribution method that the team made.
The project estimate is too high and it seems to me that in half a year i'll be able to buy a token at a cheaper price and the project itself will be more developed after this time.

Aurora DAO Approves AURORA IDO

Basic information
- Total amount of sale: 1,000,000 $AURORA
Platforms for sale:
- SmartPad (Aurora);
- BocaChica (NEAR);
- Skyward (NEAR).

SmartPad Sale
Date: November 4, 2021
Amount: 50,000 $AURORA
Price: $1
Accepted tokens: ETH

BocaChica Sale
Date: November 11, 2021
Amount: 300,000 $AURORA
Price: $1
Accepted tokens: NEAR

Skyward Sale
Date: November 17, 2021
Amount: 650,000 $fAURORA
Price: non-fixed
Accepted tokens: NEAR

More information there https://aurora.dev/blog/aurora-dao-approves-usdaurora-ido

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DIA Oracles Now Available Natively on NEAR

Due to its crowd-sourcing approach, the DIA oracle enables dApps to have access to a broad library of digital and traditional assets off the shelf, sourced from multiple on-chain and off-chain sources. Additionally, DIA can generate price feeds of any asset listed on centralised and decentralised exchanges. Moreover, DIA’s oracle platform will offer its granular layer of customizability to build decentralised applications on NEAR, with multiple methodologies for data sanitisation and computation.

DIA (Decentralised Information Asset) is an open-source, financial information platform that utilises crypto-economic incentives to source and validate data. Market actors can supply, share and use financial and digital asset data.
https://medium.com/dia-insights/hello-near-protocol-dia-oracles-now-available-natively-on-near-3bbef5b3f13

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QSTN: Redefining data, NFTs and DeFi on Near Protocol

What is QSTN?
QSTN is a web application where users participate in surveys, quizzes and short questionnaires to earn cryptocurrency.
Blockchain is a distributed ledger technology, which all cryptocurrencies use as an immutable “news feed” for activity on-chain.
By integrating NEAR and their respective blockchain, users on QSTN can verify their answers were recorded on the blockchain.
Now, users will not need to “trust” because the time stamp is immutably on-chain.

QSTN goal is to create a ecosystem where users can monetize their data and learn about cryptocurrency at the same time.
If you don't already, follow us on Twitter, because we will be hosting weekly “QSTNs of the Day” for qsties to earn the first official “QSTN” NFT.
https://medium.com/@qstnus/qstn-redefining-data-nfts-and-defi-on-near-protocol-d7cd8fb050f4

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Aurora IDO on SmartPad Nov 5 at 13:00 UTC
https://twitter.com/auroraisnear/status/1456246263230255115
Although i'll take part in the sale it seems to me that the estimate of $ 1 is too high. What do you think?

[moderator's note: consecutive posts merged]

• Textile
• Liquality
• CronCat
• Kurtosis
• The Grain Programming Language

The vehicle, a decentralized autonomous organization, or DAO, aims to distribute the money in NEAR tokens over about four years in amounts ranging from about $5,000 to several million dollars, Proximity’s announcement said. The grants DAO is open to all DeFi projects, it said.

DeFi projects such as Curve, Sushi, Dodo and Kyber have launched or are in the process of doing so on NEAR’s blockchain, which is designed to be fast, secure and infinitely scalable. It’s backed by venture-capital firms such as Andreessen Horowitz’s A16Z, Pantera Capital, Electric Capital, Dragonfly Capital, Coinbase Ventures, Blockchain.com and Baidu Ventures.

There are now more than 1.3 million active accounts on the network, according to the statement. In addition, total value locked has exceeded $150 million, and includes NEAR native assets -- alongside Ethereum network assets such as Ether, USDC and Tether via its Rainbow Bridge connection.

AuroraDAO approved the creation of the official project token. $AURORA token has a total supply of 1 billion. The network of deployment is Ethereum, bridged to NEAR and Aurora using the Rainbow Bridge.




Some of the following initiatives may or may not be implemented, as per AuroraDAO decisions:

$AURORA token staking;
Incentives for token holders to take part in voting with the allocation of $AURORA from the Community Treasury;
Rainbow Bridge transfers fees;
Rainbow bridge fast transfers fees;
Aurora contract additional execution fees;
Aurora validator private transaction pool service;
Farming of locked funds in the Rainbow Bridge connectors;
Tokenomics
A portion of the tokens will be locked and to be subject to an unlocking scheme which will be determined by the DAO. The rest of the tokens will be used in various initiatives to develop NEAR and Ethereum ecosystems with the help of Aurora solutions.

• 2 Solid Days
  Two days of deep dives into the NEAR Community and Ecosystem
• Content Rich
  Come watch 20+ Presentations from thought leaders delivering the latest insights

• Something for Everyone
  Opportunities for Developers, Creators, Investors, Founders, and Community Members to connect and learn more about NEAR
• Range of Discussions
  Talks on DeFi, NFTs, Gaming, Protocol Updates, Developer Tools, and more
  NFT and VR Gallery from NEAR Creators
• Community-First
  Community Choice Awards spotlighting our Community Members
• Lasting Connections
  Networking opportunities to connect and build relationships with NEAR

Main features of the Near blockchain:

• Proof-of-Stake (PoS)
• Rainbow Bridge
• Transaction processing speed (100,000 Per second)
• Open source and the entry threshold for new developers
• Supports Dapps
• Developed community

NEAR Protocol was created by Ilya Polosukhin and Alexander Skidanov. The progromists began developing the project as early as 2018. After a stunning launch, the development team had a staff of over 50 people from such eminent companies as: Facebook, Google and MemSQL, Microsoft. Also, the developers have many victories in the championships in programming, which ultimately gives a huge plus to the trust in the work of the entire ecosystem of the project.





This is a rather complex system of protocol interaction, but very simple for users to implement. In simple terms, this second lyers application will help Ethereum developers and users combine 2 blockchains at once. Aurora will combine a fully functional Ethereum virtual machine (EVM) and a powerful cross-chain bridge between Eth and Near, thereby allowing the implementation of ETH smart contracts in the NEAR protocol, giving developers the choice.
Neo said in the Matrix .“Choice. The problem is choice.”

After all, when the choice of two technologies through 1 way, the choice becomes obvious, right?