1. The academic background and technical influence of NEAR's founders
One of NEAR's founders is one of the authors of the paper (Attention is All You Need), which proposed the Transformer architecture, becoming the core foundation of modern large language models (such as GPT, BERT, etc.). This academic background not only brings technical authority to NEAR but also provides a unique perspective and resources in the field of blockchain and AI integration. The founder's academic achievements lay a solid foundation for NEAR's technological innovation and ecosystem development.
2. The technology stack supports true on-chain AI
NEAR's technology stack has already equipped itself with the key capabilities to build on-chain AI:
Native AA accounts (account abstraction): Allowing for a more flexible user experience and smart contract interaction, providing convenience for the development and use of AI applications.
Full Sharding: NEAR's sharding technology achieves infinite scalability, efficiently handling a large number of transactions and computational tasks, which is key to supporting the high concurrency demands of on-chain AI.
Chain abstraction technology: Through on-chain MPC (multi-party computation) nodes, NEAR's contract accounts can send transactions across all chains without user intervention. This cross-chain interoperability makes widespread deployment and integration of AI applications possible.
These technological features enable NEAR to support complex AI models and computational tasks, providing the infrastructure for the realization of on-chain AI.
3. The technical potential of the NEAR.AI project
NEAR's other founder, Alex, leads the NEAR.AI project, aiming to deliver a large model with 1.5 trillion parameters through open-source and decentralized methods. Alex's technical background has a significant advantage in the AI field, capable of outshining many existing AI team founders. The success of this project will directly promote NEAR's technological leadership in AI and bring immense value to the NEAR ecosystem.
4. Collaboration with NVIDIA and technological breakthroughs
NEAR founder Illia has been invited to the NVIDIA conference for two consecutive years, and he will present research on privacy computing based on NVIDIA hardware at the 2024 conference. This collaboration not only enhances NEAR's influence in the field of AI hardware acceleration but also supports its technological breakthroughs in privacy computing and distributed AI. As a global leader in AI hardware, NVIDIA's partnership with NEAR will further strengthen NEAR's competitiveness in the AI ecosystem.
5. Technical support for on-chain AI avatars
On-chain AI avatars require strong computing power, efficient storage, and cross-chain interoperability. NEAR's technology stack is already prepared for these demands:
Sharding technology: Supporting high concurrency computing and storage demands.
Chain abstraction technology: Achieving cross-chain interaction, allowing AI avatars to run seamlessly in a multi-chain environment.
Privacy computing: Protecting user data privacy and meeting the security needs of AI applications.
These technological features make NEAR an ideal platform for on-chain AI applications.
6. Sharding expansion and mainnet stability
NEAR is about to add 2 more shards, bringing the total number of shards on the mainnet to 8. This will further enhance the network's throughput and scalability. It is worth noting that NEAR's mainnet has maintained stable operation since its launch and has never experienced downtime. This high reliability and stability are key to supporting large-scale AI applications and user growth.
Summary
NEAR has significant advantages in technology, ecosystem, and team background, especially in the field of blockchain and AI integration. Its founders' strong academic background, robust technology stack, collaboration with NVIDIA, and the potential of the NEAR.AI project all provide a solid foundation for it to become one of the best-performing cryptocurrencies by 2025. Additionally, NEAR's sharding technology and mainnet stability further enhance its competitiveness in high concurrency and high computation demand scenarios.
If NEAR can continue to drive technological innovation and realize its AI vision, it is expected to become a leader in the integration of blockchain and AI by 2025, bringing significant growth to its token value.
