Sharing some of the interesting R&D work we are doing at NEAR: SeParatIon of Consensus and Execution (SPICE).
While similar ideas have been implemented in other blockchains before, doing it in a fully sharded blockchain is significantly more challenging but brings a myriad of benefits:
- Super fast blocks (as low as 200ms)
- No more chunk miss
- Improved throughput by minimizing idle time
- More relaxed chunk gas limits and larger txs
- Prepare the protocol to adopt zk proofs
We’ve done some testing with an initial MVP and it worked well in the testing network. We expect the development work to continue for the next several months. This will unlock the next phase of NEAR’s scalability while allowing more flexibility for new features like long-running transactions and synchronous transactions.
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