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Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies cover image

Illia Polosukhin: Near Protocol – From AI to High-Throughput Blockchain

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

NOTE

Chain Signature for Distributed Custodian

The near protocol is evolving to become a distributed custodian, similar to a distributed version of Coinbase. Unlike Bitcoin, which uses single or multi-sig accounts, near utilizes chain signatures, a form of threshold signature where the validators rotate and maintain the same set of public keys, allowing for secure and distributed custodianship across its network.

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