Near Protocol Plans June Upgrade for Automatic Network Scaling

Near Protocol announced plans to introduce dynamic resharding in June, allowing the blockchain to automatically add shards as demand grows without human intervention. The upgrade aims to improve scalability for an AI-driven on-chain economy and will add post-quantum-safe signing to protect users from future quantum-computing threats.

Shards are smaller, independent partitions of the blockchain network that process transactions and smart contracts in parallel. Until now, adding a new shard on Near required weeks of validator coordination, a vote, and a staged rollout. Dynamic resharding will automate this process.

When a shard reaches a state size threshold, it will split deterministically and be validated by state witnesses with no human intervention, the protocol stated. The new feature is designed to support an AI-led on-chain economy where automated systems conduct transactions with each other.

25, according to CoinDesk reporting. The token outperformed major cryptocurrencies during the period. Strong demand for the Bitwise Near Staking ETP listed in Europe has supported the price increase. The ETP received $7 million in investor inflows this week, Bitwise CEO Hunter Horsley said. 4% over the same period.