NEAR Protocol Expands MPC Network to 17 Mainnet Operators Under Token Holder Governance
NEAR Protocol has expanded its multi-party computation (MPC) network to 17 live mainnet operators, strengthening the infrastructure that supports Chain Signatures and NEAR Intents. The expansion is funded by the protocol and comes alongside a shift to a standing operator funding program governed by NEAR token holders.
NEAR MPC Network Reaches 17 Mainnet Operators
The network brings together independent operators responsible for supporting decentralized signing infrastructure. Chain Signatures underpin NEAR Intents, making the MPC network an important component of the ecosystem’s cross-chain capabilities.
Among the operators identified in the announcement are Astro Stakers (@astrostakers) and Aurora (@auroraisnear). The addition of multiple independent participants is intended to support the network’s decentralized operating model.
NEAR Token Holders Govern Operator Funding
A central change accompanying the expansion is the transition to a standing funding program for MPC operators. The program is governed by NEAR token holders and is intended to provide a more sustainable funding model for infrastructure that supports the protocol’s signing services.
The approach places ongoing operator funding within a governance framework involving token holders. The stated objective is to support the long-term operation of the MPC network as NEAR continues developing its decentralized infrastructure.
What the Expansion Means for NEAR Intents
Chain Signatures provide an underlying signing mechanism for NEAR Intents. Expanding the operator network is intended to strengthen the infrastructure supporting these capabilities and reinforce decentralization through participation by independent entities.
NEAR Protocol is designed to support scalable blockchain applications and services. Its MPC network expansion forms part of a broader effort to develop infrastructure for decentralized applications and cross-chain activity.
NEAR Price Impact Remains Unspecified
The available information does not provide specific NEAR price movements or quantitative evidence of changes in user engagement. While the expansion may support confidence in the network’s infrastructure, its effect on adoption, investor interest, or the token’s market performance remains uncertain.
Market participants can monitor further developments in the MPC network, operator participation, and cross-chain infrastructure. However, the expansion alone does not establish that institutional investment or NEAR token demand will increase.
source: coinfomania
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
Check out other news and articles on Google News
Disclaimer:
The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.