The NEAR DA protocol is now integrated by Arbitrum for developers who are building Ethereum rollups. Developers can now build their own customizable rollups based on Arbitrum’s technology with the latest technological integration for NEAR DA’s efficient and highly scalable data availability accessible for Arbitrum Orbit.
Among the many noteworthy announcements made at NEARCON ’23, the NEAR Data Availability layer (NEAR DA) stood out.
Illia Polosukhin, the chief executive officer of the NEAR Foundation, said NEAR DA is renowned for its robust data accessibility and efficacy. Its purpose is to offer Ethereum rollup developers the opportunity to streamline their network, reduce related expenses, and facilitate upgrades, in a manner comparable to the NEAR Protocol. At present, Arbitrum Orbit, a technology platform that empowers developers to provide customizable rollups utilizing Arbitrum technology, has access to it.
Arbitrum Orbit is an Ethereum layer 2 and layer 3 upgrade service. It enables developers to design their own exclusive chains with custom setups. During the Ethereum upgrade process, Arbitrum Orbit chains achieve trustless safety. Rollup developers will benefit from lower data accessibility costs and fewer overheads as a result of the inclusion of NEAR DA.
The NEAR-Arbitrum Corporation provides developers involved in creating rollups with the opportunity to contribute to Arbitrum Orbit. This ecosystem comprises blockchains hosted on the mainnets of Arbitrum and Ethereum. They are subject to the NEAR Protocol’s reduced expenses and compatibility with upgrades.
Arbitrum is involved in the development of Optimistic Rollup technology while also operating as Layer2 with the highest TVL. Arbitrum Orbit provides its own stack to various rollup developers.
Arbitrum Orbit chains make use of the Arbitrum Nitro tech stack. This is the same method that Arbitrum used to upgrade Ethereum. It allows developers to create their own blockchains that aid in the settlement of transactions on Arbitrum One, Arbitrum Nova, and Ethereum Mainnet, provided the Arbitrum DAO gives an L2 certification.
The Orbit chains, which leverage Arbitrum’s Rollup and AnyTrust Protocols, allow for customization in output, privacy, gas token, and governance to meet specific use cases and professional needs. Rollup developers looking for less expensive DA alternatives can use NEAR DA in the Arbitrum Orbit stack. Developers can use this to create self-contained and configurable blockchains by better managing its functionality and governance.
The inclusion aids developers of rollups on Arbitrum Orbit in employing NEAR DA in the form of a modular DA solution. In December 2023, NEAR cost $0.0016 for 231kB of call data, compared to $140.54 on Ethereum L1.
NEAR DA enables developers to reduce expenses and enhance rollup dependability while also providing reassurance on Ethereum’s safety issues. Another advantage of NEAR DA is that advanced projects incorporating an app-chain and L2 will benefit from its adaptability and support.
According to Polosukhin, enabling data access to Ethereum rollups highlights the versatility of NEAR’s technology. NEAR’s L1 has been live with 100 percent uptime for nearly three years.
