
Source: Pentalab
AI background team promotes high -performance public chain to catch up with Avalanche
Project name: Near Protocol
Token: near
Current market value: $ 6.65 billion
Estimated market value of 6 months: $ 14.26 billion
Rising space: 114%
Penta ten dimensions score: 83
Data as of: March 20, 2024
Full research report download: https://t.me/pentalabio
Official website: pentalab.io
The star team creates the NIGHT Shade of the theory.The core of Near Protocol’s technology is Night Shade Fragmentation Technology. All transactions contained in each block are divided into fragments and divided into each verificationer node. Each node will no longer participate in the processing of all transactions.It is only verified transactions and status related to shards.Therefore, Near Protocol can break through the limit of single device processing capacity, so that the number of transactions per second (TPS) can theoretically reach a maximum of 100,000.In response to the problem of security decline brought by shards, in addition to randomly allocated verifications, NEAR is not on the same sheet chain, and there are many hidden verificationrs on the chain, and they do not know that each other is in each other.Which shard is to ensure the security of the entire chain.
Aurora, high -performance cross -chain bridge Rainbow Bridge, Layer 2 extension solution, has achieved good support for multi -chain.The Rainbow Bridge, as the first cross -chain bridge that does not require permission, decentralization, and open to the outside world, supports any user deployment, use and maintains a new cross -chain bridge.The transaction confirmation time and transaction cost.In addition, NEAR’s Layer 2 extension Aurora further enhances the interoperability and scalability of the protocol.Aorura Engine allows Ethereum smart contracts to run on Near. Aurora Bridge supports the transmission of ERC20 tokes and ETH between Aurora and Ethereum.At present, Aurora’s output time is 1 second, the transaction confirmation time is 2 seconds, the transaction fee is as low as 0.02 US dollars, and the ecology has included 209 protocols, of which there are well -known projects such as Curve and Graph.
The development route is clear and comprehensive, and the seven -dimensional upgrade in the future is expected.According to the roadmap given by Near Protocol, the following seven aspects will be upgraded: state -free verification, congestion control and transaction priority, support account aggregation, ZKWASM, data availability improvement, Ethereum wallet support and research slide.The project party is committed to improving the experience of users and developers, while increasing the scalability and decentralization of protocols, and clearly planning and layout for the sustainable development of the agreement in the future.
Valuation:Benefiting from the AI seminar on the NVIDIA GTC, the current market value of Near’s circulation/TVL has reached 29 times, and it is the highest in the top 30 public chain in the market value, and it is also at the high -end history.Analyzing Near’s current 260 million TVL, mainly 70%of Burrow and 22%of the REF Finance. We assume that Burrow and Ref Finance rose 70%and 50%to $ 300 million, respectively.The U.S. dollars, other AI, GameFi, and RWA potential projects bring 100 million US dollars to TVL, and have a six -month TVL forecast of 490 million US dollars.On the basis of the current 29 -fold circulation market value/TVL, we get a six -month target market value of 14.26 billion US dollars, compared with the current market value of 114%rising space.
Main risk:Market competition risks, technology development is not as good as expected.