The integration of the NEAR Data Availability Layer (NEAR DA) and the Nuffle Fast Finality Layer (NFFL) into Haust Network brings significant improvement in blockchain security which increases scalability. Such approach addresses some of the most pressing blockchain challenges: scalability, throughput and transaction costs, all while maintaining a high degree of decentralization and security.
Haust Network is Layer 2 EVM based Network, will be built using Polygon CDK, integrating zk-rollup technology to markedly enhance transaction throughput and minimize transaction costs, all while preserving network security. The architecture of ZK Rollups consists of two primary components: the rollup chain and the data availability layer. The data availability layer guarantees that all transaction data remains accessible to users, despite not being directly recorded on the main chain. A key advantage of the Data Availability Layer is its capacity to bolster the security of rollup networks reliably. By ensuring that data is available and accessible to nodes, the likelihood of malicious and fraudulent activities is virtually eliminated.
The NEAR data availability layer is pivotal in this context. Illia Polosukhin, co-founder of NEAR Protocol, stated: “NEAR L1 has been live with 100% uptime for more than three years, so it can offer true reliability to projects looking for secure DA while also being cost-effective.” Known for its high throughput and low-latency blockchain architecture, Near Protocol delivers a robust and efficient data availability solution. Through sharding, Near is capable of processing a large volume of transactions in parallel, thus enhancing the network’s overall throughput. This scalability is vital for meeting the high data demands of zk-rollups on Layer 2 networks.
The synergy of the NEAR Data Availability Layer (NEAR DA) and the Nuffle Fast Finality Layer (NFFL) with high throughput and cross-chain interoperability establishes a formidable ecosystem for Layer 2 EVM blockchains. For Haust Network, this translates to augmented scalability, improved security and enhanced flexibility in deploying decentralized applications. Both developers and users benefit from the reduced transaction costs and increased efficiency made possible by Near’s infrastructure. Additionally, Near’s emphasis on usability and developer-friendliness ensures seamless integration and utilization of Haust Network. Near offers a suite of developer tools and resources, facilitating the building and deployment of applications on the network. This ease of use, coupled with Near’s scalability and security features, makes it a compelling platform for developers.
By leveraging zk-rollups and Near’s data availability solutions, Haust Network can achieve significant scalability improvements while maintaining the security and decentralization benefits inherent in blockchain technology. This integration enables Haust Network to support a wide range of applications with increase in performance and security.
About Haust Network
Haust Network is an Application Absolute Liquidity Network compatible with the Ethereum Virtual Machine (EVM), powered by L2 technology – zk-rollap to improve security and using Account Abstraction from the outset. Haust implements liquidity attraction technology through its own solution called Haustoria, providing users with a native yield on their assets.
About NEAR
NEAR Protocol is a scalable, developer-friendly Layer 1 blockchain platform designed for decentralized applications. It uses a unique sharding approach called Nightshade to achieve high throughput and low latency. NEAR’s consensus mechanism, Doomslug, ensures fast finality, and its developer tools, including smart contract languages like Rust and AssemblyScript, simplify dApp creation.
About Nuffle Labs
Nuffle Labs is building advanced infrastructure for the next generation of high-performance rollups. Nuffle Labs leverage NEAR Protocol’s data availability layer and our own Nuffle Fast Finality Layer (NFFL) to provide unmatched scalability, security, and speed for modular blockchains. Their solutions aim to solve the challenges of state and liquidity fragmentation while offering fast finality across chains. Built by former NEAR core contributors and backed by top-tier investors, Nuffle is at the forefront of modular blockchain technology.
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