Cryptocurrencies

NEAR – NEAR Protocol

NEAR Protocol (NEAR) is a layer-one blockchain designed to address some of the limitations of other blockchains, like slow transaction speeds and low throughput.

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NEAR Protocol (NEAR) is a layer-one blockchain designed to address some of the limitations of other blockchains, like slow transaction speeds and low throughput. Here’s a closer look at NEAR:

Function: NEAR acts as a community-run cloud computing platform for developers to build decentralized applications (dApps).
Technology: It utilizes a Proof-of-Stake (PoS) consensus mechanism and a unique sharding solution called Nightshade to achieve scalability and efficiency.
Benefits: Compared to other blockchains, NEAR boasts faster transaction speeds, lower fees, and the ability to handle more transactions per second.
Market Performance: NEAR has a current market capitalization of over $5.8 billion (as of June 21, 2024) and ranks around #20 on CoinGecko. The current price of one NEAR token is around $5.32.

INFO: coinmarketcap
Marketplace : BYBIT
Total supply:
1,196,621,408 NEAR
Max. supply: 1,196,621,408 NEAR
Contracts:
Airdrop: 0
X:

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