The Near Protocol announced via X on Thursday that it has implemented EdDSA support within Chain Signatures, enabling transaction signing for blockchain networks including Solana, TON, Stellar, Sui, and Aptos.
The addition of EdDSA support is particularly valuable for developers working with high-throughput chains like Solana, TON, Aptos, and Sui. The upgrade enables NEAR accounts and smart contracts to cryptographically sign transactions on networks utilizing EdDSA account key structures, focusing on the widely adopted Ed25519 curve variant.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees. NEAR is trading at $2.552, up 3% in the last 24 hours.