NEAR Protocol Staking Highlights: Interview with Co-Founder Illia Polosukhin
NEAR staking metrics have trended upwards YoY. Staked tokens increased by 20%, staking wallets grew by 80%, and the staking ratio reached 47%.
NEAR sharding, coined Nightshade Sharding, has been a work in progress since 2021, has four planned phases, and is currently in phase two - which splits the chain into four shards and only shards state but not transaction processing. The final two stages will shard both state and transactions, and make sharding dynamic, increasing/decreasing nodes depending on demand. Executing Nightshade Sharding is crucial for the future of NEAR scaling.
NEAR Co-founder Illia Polosukhin proposes a change to NEAR storage staking, which will remove the initializing requirement of funding new wallets with a minimum NEAR balance
NEAR continues to rely on its community of validators and developers to implement validator standards, and best practices, along with incentivizing and growing the developer ecosystem
Don’t miss one of the most important staking events this year. Join our virtual event on March 14th, 2023 10:00 AM EST.
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