NEKO MORNING SHOW SZN 4 EP 4 TLDR: ๐๏ธ Neko Morning Show S4 Ep4 Highlights:๐พ Exploring - Near Token Price Action, Near Data Availability (Near DA), New Milestone for Sharddog, on the Neko Morning Show S4 Ep4. Hosted by : Soos And Nono. ๐ Near Token Price Action: ๐ทAfter days of Seeing $BTC and the Crypto market price pump, we saw $NEAR go up as high to $1.73, now there are corrections and pullback in the market price, even with $BTC dropping in price, $NEAR is still holding a solid price. ๐ถThe recent announcements at NEARCON23, including Near DA and collaboration with Polygon for zkWASM, fuel a bullish trend on Near. ๐ ๐ Near Data Availability (Near DA): ๐ถDid you know? Near DA is set to be 8,000 times cheaper than Ethereum, On Ethereum, 100 KB of data costs $26.22, while on Near Protocol, it's just $0.003! ๐ This affordability positions Near as a scalable and cost-effective option for Layer 2 solutions. ๐ทMr. Alton Tutor highlights how Near Protocol aims to scale Ethereum through Near Data Availability. ๐ถScaling Ethereum with Near DA, as explained by Alton Tutor. Diving into the modular Stack in courtesy of Celestia he said a typical blockchain consists of four layers which are Execution, settlement, consensus and Data Availability. ๐ธ. Execution: is where changes are executed, ๐น. Settlement : is where blockchain resolves fraud disputes between different execution layers. ๐ธ. Consensus: handles transactions or agreements on the transaction orders ๐น. Data Availability: verifies data and always available to download. ๐ก Alton Tutor emphasizes how expensive this process is on Ethereum, making Near a more cost-effective alternative. ๐ธ ๐ Alton Tutor reveals there are 4 shards producing a small portion of a block called chunks every 12 hours. None of this is visible to the end users. These chunks become blocks, and Near DA leverages this for efficient Rollups. The three pillars of Near Data Availability: ๐ธBlob Store contact that stores arbitrary data. ๐นLight client for easy data access. ๐ธRPC client to publish data blobs. ๐ Building for a modular world, Near DA is compatible with various stacks like Optimism's OP stack and Polygon's CDK. ๐ New Milestone For ShardDog.๐ ๐ถExciting news from NEARCON23! Over 10,000 Sharddogs claimed during the Engage-A-Thon those who claimed also won Near Token raging from 0.001 to 100 $NEAR.๐ฑ The community engagement around Near Protocol continues to grow. ๐ #NEARCON23 #ShardDogs Stay tuned for more exciting updates and insights from Neko Morning Show. Subscribe and join the conversation! ๐๏ธ๐ฅ #BOS #NEARProtocol #NEKOMorningShow #NEKOISNEAR Written by CryptoKinguin from the NEKO Community | Drop a like and a comment if this was informative | Onward and upward