Can NEAR Protocol’s Sharding V3 achieve 1 million TPS? NEAR’s Nightshade sharding, with its dynamic resharding and stateless validation, aims to scale linearly by splitting the blockchain into manageable shards. Each shard currently handles 800–1000 TPS, with four shards reaching 2500–3000 TPS. Phase 2 introduces chunk-only producers, reducing hardware demands and boosting decentralization, while stateless validation streamlines transaction processing. Theoretically, with enough validators and shards, NEAR could support millions of TPS, far surpassing Visa’s 20,000 TPS. However, real-world scaling may face non-linear limitations, as seen in Simple Nightshade. While benchmarks suggest 100,000 TPS is feasible, achieving 1 million TPS depends on network load, validator participation, and cross-shard efficiency. NEAR’s innovative approach positions it as a leader in blockchain scalability, but practical implementation will determine its success.