Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»EXCHANGE NEWS»AltLayer adds support for the DA layer of the NEAR protocol.
EXCHANGE NEWS

AltLayer adds support for the DA layer of the NEAR protocol.

By Crypto FlexsDecember 2, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
AltLayer adds support for the DA layer of the NEAR protocol.
Share
Facebook Twitter LinkedIn Pinterest Email

AltLayer announced that it has added support for the DA layer of the NEAR protocol to its rollup product. AltLayer chose the NEAR integration because it facilitates transaction commitments on Ethereum L2. This allows users to securely send batch transaction commitments to smart contracts.

NEAR’s DA layer also has a reputation for being economical and having a strong validator network. L2 solutions can be deployed in the most decentralized and cost-effective manner through the DA layer of the NEAR protocol.

This development strengthens the case for the effectiveness and value of the NEAR protocol. The native token, NEAR, is heavily marketed and now offers the ability to increase adoption at a higher rate. The token was last traded at $1.88 and is up 1.99% over the last 24 hours.

The NEAR protocol experienced a rise of approximately 40% in the last 30 days before November 10, 2023. At the time, the token was listed at $1.51.

The evolution of the cryptocurrency market from its winter shell is largely due to the rise of the NEAR protocol and its tokens. NEAR Protocol It has emerged as an alternative for enthusiasts looking to expand their portfolio. NEAR DA (NEAR Data Availability) has been released by StarkNet specifically for developers working with Madara. The first users are Movement Labs, Vistara, and Fluent.

These tools are defined as groundbreaking solutions built to keep costs at the lowest possible level. NEAR DA helps developers build innovations with predictable and negligible gas fees. Another reason why the NEAR protocol continues to gain momentum is because there are two components that are underlined in the roadmap: – Experience and core. Both are different from each other.

Experience deals with the actual experience and functionality for developers, while Core is concerned with driving decentralization and scalability of the protocol. NEAR’s BOS is currently hosting a decentralized dApp store with projects looking to leverage its potential to provide enhanced experiences to users.

In the future, the NEAR Foundation plans to collaborate with Polygon Labs. They will build the ZK prover for the Wasm blockchain.

AltLayer emerges from the successful Rollup Frontier Day at Devconnect. The goal was to talk about rollup economics, staking, and interoperability.

AltLayer and NEAR protocols are perfect for each other as they both value economics. This is evident from the fact that NEAR DA is 8,000 times more economical than Ethereum DA, which AltLayer acknowledged by sharing a post.

The community has expressed excitement about AltLayer adding support for the DA layer of the NEAR protocol. Members say NEAR is now becoming the best DA solution for rollups. Others said they were bearish on AltLayer and the NEAR protocol.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin prices extend losses. Is it a bigger disadvantage on the horizon?

May 31, 2025

The optimistic candlelight formation suggests that the XRP price can touch $ 22.

May 31, 2025

Bitcoin slide, win collision

May 30, 2025
Add A Comment

Comments are closed.

Recent Posts

SUI Prover improves smart contract verification in the SUI block chain

June 1, 2025

TRON Analysts predicts the following $ 0.30 rally, Unilabs Crosses Doge Volume.

June 1, 2025

Zero Knowledge Technology: In Linea’s study, the journey to the main net

May 31, 2025

Blockchain.com Nigeria in the court ruling

May 31, 2025

Sharplink’s $ 1B Ether Leeum Bet: How to Change ETH’s Game

May 31, 2025

The AI ​​drive model seasplat improves coral reefs.

May 31, 2025

It is a Gold Fallor Safety Dynasty Status, but the path of Bitcoin can be brighter: analysts

May 31, 2025

Bitcoin prices can be $ 2.5 million in 2025.

May 31, 2025

SEC CRYPTO Stacking Guidance Victory on Industrial Regulations, approval of Staked ETF

May 31, 2025

Gala Game introduces a discounted town star badge mystery pack.

May 31, 2025

Bitcoin prices extend losses. Is it a bigger disadvantage on the horizon?

May 31, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

SUI Prover improves smart contract verification in the SUI block chain

June 1, 2025

TRON Analysts predicts the following $ 0.30 rally, Unilabs Crosses Doge Volume.

June 1, 2025

Zero Knowledge Technology: In Linea’s study, the journey to the main net

May 31, 2025
Most Popular

Development Update #1 – Ethereum.org

February 19, 2024

Unlock the Secrets of Understanding Fees and Commissions in Crypto Trading Apps: A Comprehensive Guide

June 1, 2024

Rock’s Not Dead in the Rockstar World Tour Hold and Win slot!

January 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.