blockchainreporter.net
NodeKit, a prominent player in blockchain solutions, has announced a strategic partnership with NEAR Protocol to introduce NEAR’s Data Availability (DA) solutions to its composability layer. This collaboration aims to enhance the interoperability and efficiency of rollups and specialized blockchain networks by facilitating synchronous cross-chain communication.
NEAR DA heads to @nodekitorg, offering rollup developers the opportunity to unlock data availability that is incredibly fast, cost-efficient, and powered by NEAR.
— NEAR Protocol (@NEARProtocol) April 26, 2024
See for yourself:https://t.co/q0XGWX2616 https://t.co/xRPAYVqPfm
The partnership between NodeKit and NEAR Protocol will allow developers to build rollups on the composability layer to integrate NEAR DA into their systems. This integration will expand rollups’ capabilities, enabling them to choose all components of their technology stack while maintaining their autonomy and sovereignty.
Technical Advancements
NEAR DA utilizes Nightshade, a cutting-edge part of NEAR’s consensus mechanism. Nightshade improves network performance by parallelizing operations into multiple shards, each representing a segment of a block. These shards are then aggregated to form a complete block, optimizing the process for chains with high transaction volumes. This sharding mechanism not only speeds up transaction processing but also provides a cost-effective solution for data availability.
This new development is expected to significantly enhance the scalability and flexibility of blockchain networks, particularly those dealing with high volumes of transactions. By leveraging NodeKit’s composability layer in conjunction with NEAR’s innovative sharding technology, the partnership is poised to set new standards in blockchain interoperability and efficiency.