ICYMI, @NEARProtocol just launched 600ms blocktime and 1.2s finality. Some use cases unlocked by lightning-fast finality:
–High-frequency DeFi loops: delta-neutral rebalancing, cross-CEX/DEX arbitrage, oracle-free perps. Every leg can be closed and collateral recycled 5x per minute on NEAR (vs. maybe once on Solana). Smaller latency means tighter spreads for strategies that require super-fast turnover.
–AI agent-to-agent settlements: agents can trigger on-chain actions and receive feedback or confirmation almost instantly. NEAR is truly the blockchain for AI, allowing agents to transact quickly and autonomously across any chain with NEAR Intents and fast finality.
–Credit-card-like checkout on-chain: NEAR is now on par with Visa/MC terminals, so you could charge on-chain directly with no intermediaries and get a final confirmation at the moment of purchase.
–Also works for pay-as-you-go content, API metering, bandwidth, EV-charging, sensor data feeds: a contract can stream funds every block and cut flow when payment stops, no need for escrow or side channels.
Blink and it’s final: NEAR’s speed lets you use a blockchain for use cases that didn’t seem possible before. Just build here.
Blink and it’s final: NEAR blocks are now 600ms, with 1.2 second finality. That’s 10x faster finality than Solana. 600x faster than ETH and L2s. Without the need for more expensive hardware.
This is a major upgrade that truly sets a new performance standard for blockchains. Now you don’t have to choose between a fast chain and a secure chain: NEAR is both.
Fast blocks and fast deterministic finality means virtually no wait time for blocks to become irreversible. Better UX, stronger reliability, and greater confidence for real-world apps & enterprise use cases.
Build user experiences where multi-step transactions can finalize in seconds. Reduce wait times and complexity around tx confirmations, reorgs, and network delays.
In a Chain-Abstracted world where agentic interfaces will further abstract blockchains away from users, it’s an easy choice of where to build: just build on @NEARProtocol. It’s secure, super-scalable, truly multichain, and really really fast. I’m proud of the Protocol team for continuing to ship the best tech in Web3!