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How does Nuffle Labs contribute to modular ecosystem?
Author: 100y.eth, encryption researcher
Compiled by: Felix, PANews
On June 13th, the NEAR Foundation established Nuffle Labs, formerly known as NEAR Modular, and received $13 million in funding. This funding also includes external investors such as Electric Capital, Canonical Crypto, Fabric Ventures, Robot Ventures, Caladan and Lyrik Ventures. Core contributors of NEAR and Ethereum builders are building two services in Nuffle Labs:
How does Nuffle Labs contribute to the modular ecosystem?
Overview
NEAR DA: rollups can leverage NEAR Protocol’s Sharding architecture to publish data.
SFFL: AVS is located on EigenLayer, which means it relies on EigenLayer’s encryption and economic security. It provides faster block finality for various protocols.
NEAR DA
Thanks to the Nightshade Sharding of NEAR Protocol, NEAR Protocol can act as a scalable DA layer for rollups. Major frameworks and RaaS such as Arbitrum Orbit, Polygon CDK, AltLayer, and Caldera have integrated with NEAR DA.
Nightshade Sharding
The Nightshade Sharding architecture is similar to Ethereum’s danksharding, where a single network is composed of smaller parts (such as blocks). This novel architecture facilitates cross-shard communication and scalable DA.
Performance of NEAR DA
NEAR DA is one of the most scalable data processing layers, offering unparalleled performance and cost efficiency compared to Ethereum, Celestia, etc. If simulating the cost of Arbitrum DA from the beginning of the year to now:
Fragmentation Problem
Next, let’s analyze Nuffle’s next product. With so many rollups on the market today, it means that the issue of state and liquidity dispersion needs to be addressed. To solve this problem, fast finality is required.
SFFL
SFFL provides faster block finality for various rollups. Rollups should publish data to NEAR DA, but the relayer (not the sequencer) will handle this, so no modifications are required for the sequencer.
As SFFL is an AVS, its security level depends on the re-staked assets on EigenLayer.
The Basic Concept of SFFL
How to quickly end SFFL? It’s actually very simple.
SFFL Operators (AVS Operators) check whether the data from the rollup full node is the same as the data from NEAR DA, and then sign it. If the aggregator reaches the required quorum, the termination will be completed quickly.
Now, it is easy to check the validity of the rollup through the SFFL layer.
Final Thoughts
In the author’s view, NEAR Protocol is no longer just an L1 blockchain. NEAR Protocol has evolved into a modular stack that enhances the modularity of the Ethereum ecosystem. Nuffle will serve as a benchmark for NEAR x modular integration.
Related readings: Cyber Capital Founder: Recognizes NEAR’s sharding model, although with drawbacks, it represents the future of encryption