Thursday, 15 May 2025
  • My Feed
  • My Interests
  • My Saves
  • History
  • Blog
Subscribe
Capernaum
  • Finance
    • Cryptocurrency
    • Stock Market
    • Real Estate
  • Lifestyle
    • Travel
    • Fashion
    • Cook
  • Technology
    • AI
    • Data Science
    • Machine Learning
  • Health
    HealthShow More
    Foods That Disrupt Our Microbiome
    Foods That Disrupt Our Microbiome

    Eating a diet filled with animal products can disrupt our microbiome faster…

    By capernaum
    Skincare as You Age Infographic
    Skincare as You Age Infographic

    When I dove into the scientific research for my book How Not…

    By capernaum
    Treating Fatty Liver Disease with Diet 
    Treating Fatty Liver Disease with Diet 

    What are the three sources of liver fat in fatty liver disease,…

    By capernaum
    Bird Flu: Emergence, Dangers, and Preventive Measures

    In the United States in January 2025 alone, approximately 20 million commercially-raised…

    By capernaum
    Inhospitable Hospital Food 
    Inhospitable Hospital Food 

    What do hospitals have to say for themselves about serving meals that…

    By capernaum
  • Sport
  • 🔥
  • Cryptocurrency
  • Data Science
  • Travel
  • Real Estate
  • AI
  • Technology
  • Machine Learning
  • Stock Market
  • Finance
  • Fashion
Font ResizerAa
CapernaumCapernaum
  • My Saves
  • My Interests
  • My Feed
  • History
  • Travel
  • Health
  • Technology
Search
  • Pages
    • Home
    • Blog Index
    • Contact Us
    • Search Page
    • 404 Page
  • Personalized
    • My Feed
    • My Saves
    • My Interests
    • History
  • Categories
    • Technology
    • Travel
    • Health
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » NEAR Expands Chain Signatures With EdDSA for More Chains
Cryptocurrency

NEAR Expands Chain Signatures With EdDSA for More Chains

capernaum
Last updated: 2025-05-02 13:00
capernaum
Share
NEAR Expands Chain Signatures With EdDSA for More Chains
SHARE

NEAR Protocol

  • Chain Signatures now supports EdDSA, enabling seamless cross-chain signing for Solana, TON, Stellar, Sui, and Aptos.
  • NEAR prepares for protocol upgrade 77 and enhances AI infrastructure with data control and faster execution.

NEAR Protocol has announced that Chain Signatures—the technology that enables cross-blockchain signing without bridges—now supports EdDSA. What does that mean? Users and developers can interact directly with networks like Solana, TON, Stellar, Sui, and Aptos with just a NEAR account, without having to worry about managing separate wallets or storing multiple private keys.

NEAR Adds EdDSA to Chain Signatures

While Chain Signatures previously only supported ECDSA, which is suitable for networks like Ethereum and Bitcoin, now the story is broader. With EdDSA, Ed25519-based networks can get in on the action. Solana and TON, for example, are known for their speed but have different signature systems.

Now, NEAR users can “disguise” themselves as native users on those networks and still use the same account. Just imagine being able to send transactions across five blockchains without having to switch applications—that’s what the latest version of Chain Signatures offers.

Pushing Boundaries With AI and Cross-Chain Vision

But NEAR’s story doesn’t stop there. On the other hand, they have also just released Nearcore version 2.6.0. This release is designed to prepare the network for the protocol upgrade 77 which is scheduled to air on May 8, 2025.

One of its new features, “OptimisticBlock,” is claimed to be able to reduce latency, speed up execution, and support the performance of AI-based applications. So, not only is it faster, but it is also more suitable for complex computing scenarios that require high efficiency.

Furthermore, NEAR’s approach to AI is also interesting. While other projects are busy making chatbots or smart features on the blockchain, NEAR focuses on data control. They want users to maintain control over their personal information when interacting with AI models.

This makes NEAR’s approach feel more humane, because not everyone is comfortable with their data floating freely on the network. This approach is also starting to be taken into account, especially when they appeared at BUIDL Asia 2025. There, NEAR emphasized its commitment to encouraging multi-chain collaboration and building a truly decentralized AI infrastructure.

Interestingly, CNF previously reported that at the end of April, Bitwise Asset Management had registered an ETF product focused on the NEAR Protocol in Delaware, United States. This step is a strong signal that institutional interest in NEAR is increasingly real. Not only the independent crypto community is interested, but also large financial players are starting to take notice.

So yes, it can be said that NEAR is not just a patch here and there. They are moving in many directions: improving network performance, cross-blockchain integration, ethical AI approaches, and at the same time attracting institutional interest through financial products such as ETFs.

If everything goes smoothly, we might see the NEAR ecosystem getting busier not only from the user side, but also from the side of large projects that want to ride on their infrastructure.

Meanwhile, as of press time, NEAR is trading at about $2.54, up 1.18% over the last 24 hours and driving its market cap to surpass the $3 billion mark.

Share This Article
Twitter Email Copy Link Print
Previous Article Bitcoin Could Hit Infinite Value, Billionaire Tim Draper Claims—Too Bullish? Bitcoin Could Hit Infinite Value, Billionaire Tim Draper Claims—Too Bullish?
Next Article XRP Poised For Final Flush Before Breakout, Predicts Crypto Analyst XRP Poised For Final Flush Before Breakout, Predicts Crypto Analyst
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Using RSS feeds, we aggregate news from trusted sources to ensure real-time updates on the latest events and trends. Stay ahead with timely, curated information designed to keep you informed and engaged.
TwitterFollow
TelegramFollow
LinkedInFollow
- Advertisement -
Ad imageAd image

You Might Also Like

Will XRP Price Hit $10 if ETF is Approved Tomorrow?
Cryptocurrency

Will XRP Price Hit $10 if ETF is Approved Tomorrow?

By capernaum
Pepe Coin Soars 55% Against Bitcoin – Is a Reversal Brewing?
Cryptocurrency

Pepe Coin Soars 55% Against Bitcoin – Is a Reversal Brewing?

By capernaum
MANTRA Chain Welcomes Nansen to Strengthen Cross-Chain Trust
Cryptocurrency

MANTRA Chain Welcomes Nansen to Strengthen Cross-Chain Trust

By capernaum
BlackRock Bitcoin ETF Inflows Shoot As BTC Eyes Final Consolidation
Cryptocurrency

BlackRock Bitcoin ETF Inflows Shoot As BTC Eyes Final Consolidation

By capernaum
Capernaum
Facebook Twitter Youtube Rss Medium

Capernaum :  Your instant connection to breaking news & stories . Stay informed with real-time coverage across  AI ,Data Science , Finance, Fashion , Travel, Health. Your trusted source for 24/7 insights and updates.

© Capernaum 2024. All Rights Reserved.

CapernaumCapernaum
Welcome Back!

Sign in to your account

Lost your password?