NEAR’s Hyperscalable EVM Solution Explained!
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About this video
D iscover how NEAR enhances EVM compatibility, allowing for faster transactions and greater efficiency. We dive into Aurora's innovative EVM interpreter and our vision for a hyperscalable future. Check out the incredible speed of ref swaps in just 5 milliseconds! #EVMCompatibility #NIRProtocol #Aurora #BlockchainTechnology #SpeedAndScalability #SmartContracts #RefSwaps #CryptoInnovation #TechFuture #Hyperscalable
Transcript
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- 0:00
for example we have um we have this we have Aurora running evm interpreter as a smart contract and Alex has come to me at least 100 times saying that hey like how can we make sure that one transaction can fit more gas into it so that we can we can we can be fully compatible with ethereum executing 30 million evm gas in onee transactions so this is basically the solution to that
- 0:23
and on top of that you still the use case we support today let's say ref swaps that takes 5 milliseconds that's also readily available and also much faster uh so this combined with uh what we already have with with nit 2.0 this leads to a very bright future where not only near is hypers scalable uh but also extremely fast and a very versatile