Dynamic Resharding live on Mainnet | Illia Polosukhin
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About this video
Illia Polosukhin explains how NEAR is scaling for the agent economy.
Dynamic sharding allows the network to add capacity as demand grows, increasing block space and storage as more people, applications and agents use the network.
More agents. More demand. More capacity. NEAR scales with it.
NEAR is the Blockchain for AI Website: near.org NEAR AI: near.ai Intents: near.org/intents Chain Abstraction: proximity.dev Sharding: nearone.org
For the devs GitHub: github.com/near Dev Docs: docs.near.org Devhub: devhub.near.page @NEARDevHub
Connect with socials Twitter: / nearprotocol Blog: near.org/blog Medium: / nearprotocol #NEAR #nearprotocol #NEARAI
Transcript
272 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:06
So my thesis is that as everyone gets agents, personal agents, company agents, uh physical devices, right? The cars will become agents as well, they all going to be transacting on blockchain because blockchain going to be the backbone of this communication, coordination, payments system. And so every single market from calling a taxi to ordering food will effectively flow through this agentic commerce layer. Now this means that it needs to scale beyond what we've designed historically you
- 0:39
know with kind of traditional payments networks. You need to scale really uh to kind of this machine machine payments and interaction and this is where near with dynamic sharding is going to be a critical innovation. So, Near has always been targeting a scalable blockchain through sharding, meaning that the blockchain can parallelize processing transaction storage and continue growing the capacity and actually decentralized as well over time. Now, with dynamic reshing
- 1:12
launching launched on July 20th, we also enabling the blockchain itself to grow the capacity dynamically. So think of it as instead of waiting for someone to go and uh authorize you know another district in a city the city is can keep growing as there's more demand for more buildings. So same idea was near as there's more demand for block space as more demand for storage the blockchain
- 1:38
itself can add more shards which in turn motivates more validators to join the network as well and so this enables network to continue growing with the growth of usage from agents and from people and really enable near to be this center of gravity for all this agentic commerce.