Hi @prom_io fam, $PROM just announce their collaboration with @NEARProtocol

This collaboration marks NEAR as the 18th blockchain project to join Prometeus Ecosystem.

let's explore about near and the benefit of their collaboration

what is @NEARProtocol

NEAR Protocol operates as a layer-1 blockchain, employing a proof-of-stake consensus mechanism. This approach facilitates the creation of decentralized applications (dApps).

NEAR protocol targets the scalability problem of traditional blockchains .

Near use Nightside

Nightside creates small portions of the next block called "chunks".

Nightshade is a sharding technique where clusters of validators handle transactions concurrently across various sharded chains, thereby boosting the blockchain's overall throughput.

Goals of the Collaboration

as $PROM ecosystem is still on testnet, this collaboration aims to solve the solution of scalability opportunities for rollup developers into PROM ecosystem.