Understanding NEAR Protocol Sharding: A Solution to State Growth
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About this video
Kendall Cole from Proximity Labs give a simple explination of sharding in NEAR and how it tackles the challenges of state growth. Stay informed and dive deeper into the world of blockchain technology. #NEARSharding #BlockchainTechnology #Scalability #StateGrowth #Decentralization #CryptoNews #BlockchainInsights #SmartContracts #Cryptocurrency #EthereumNetwork #nearprotocol #chainabstraction
Transcript
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- 0:00
so the simple explanation of sharding is basically that if you imagine ethereum which is sort of a blockchain where every single validator processes every single transaction and then also stores the latest version of state of every single like the latest version of state of the chain uh there are some downsides to that which is that uh there you see like State growth is a big is a big topic right like as more people use the
- 0:22
chain they store data on more data on the chain that means every single node has to store a lot more data uh and so like the sort of requirements of running node tend to grow almost exponentially I don't know it's exactly exponential but it's like substantial they growing substantially like in quite quickly um so one idea in order to alleviate this is you you have a network where you split up the data that each sort of uh
- 0:45
each each validator has to has to sort of but both the transactions they have to validate like the the state transitions they have to manage and then also like the the latest state that they have to store and this is basically called sharding