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.
Tags:Cryptocurrenciesdefi WEB3NEAR 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: | |