NEAR Protocol (NEAR)

The new @NEARProtocol upgrade is built specifically for agents.

The upgrade is called SPICE, and it pushes block times close to the physical limit of what a blockchain can do.

It involves a total of 3 upgrades:

→ 3x faster blocks, dropping from 600ms to 200ms
→ Transactions confirm in 0.4s, faster than swiping a Visa card
→ More transactions processed at once instead of in a queue

Future unlock: complex multi-step transactions settle as one action.

Tbh, I've been watching NEAR ship for a while: Intents, chain abstraction, and now SPICE.

The part most people forget about is that NEAR burns 70% of transaction fees.

If agents start using the chain at scale, that activity flows back to the token. Big if, but the setup looks solid.

NEAR Protocol has run for over 5 years on mainnet with 100% uptime.

The settlement layer for the agent economy is running. Three upgrades will extend it for what's next: security against future threats, throughput that scales with demand, and faster finality.

All underway 🧵