NEAR Protocol: Chain Abstraction, Sharding, and Web3 Scalability
Adoption requires removing barriers for users, and NEAR Protocol is at the forefront thanks to its vision for Chain Abstraction and scalability.
1. Fundamentals and Technology
A) It allows the network to divide data processing into shards, increasing throughput to thousands of transactions per second ⏱️ without compromising security.🔏
B) Users can interact with applications 📱 across multiple blockchains without needing to switch networks 🌐, manage complex bridges, or deal with multiple gas fees.
C) NEAR powers decentralized infrastructure for AI models 🤖 and open-source data storage👨🏻💻
2. Analysis
1️⃣ As a high-market-cap Layer 1, it closely follows capital flows 💸 in the Smart Contracts sector.
2️⃣Entries should be confirmed by identifying volume increases 📈 in consolidation zones. To do this, review the 4H and 1D timeframes to identify breaks of trendlines 🐂🐻 and retests of demand zones.
Quote of the day
"True technology doesn't always draw attention; it simply removes obstacles so users can move forward without friction." — Rub
Question?
👇 Do you think Chain Abstraction is key to Web3 adoption?
#Near #nearprotocol #Layer1
$NEAR @POCHITA 2113 保拉
Adoption requires removing barriers for users, and NEAR Protocol is at the forefront thanks to its vision for Chain Abstraction and scalability.
1. Fundamentals and Technology
A) It allows the network to divide data processing into shards, increasing throughput to thousands of transactions per second ⏱️ without compromising security.🔏
B) Users can interact with applications 📱 across multiple blockchains without needing to switch networks 🌐, manage complex bridges, or deal with multiple gas fees.
C) NEAR powers decentralized infrastructure for AI models 🤖 and open-source data storage👨🏻💻
2. Analysis
1️⃣ As a high-market-cap Layer 1, it closely follows capital flows 💸 in the Smart Contracts sector.
2️⃣Entries should be confirmed by identifying volume increases 📈 in consolidation zones. To do this, review the 4H and 1D timeframes to identify breaks of trendlines 🐂🐻 and retests of demand zones.
Quote of the day
"True technology doesn't always draw attention; it simply removes obstacles so users can move forward without friction." — Rub
Question?
👇 Do you think Chain Abstraction is key to Web3 adoption?
#Near #nearprotocol #Layer1
$NEAR @POCHITA 2113 保拉
