NEAR Protocol NEAR

The only platform powerful enough to put the Open Web into the hands of everyday people
Profile

NEAR is one of the most highly anticipated technologies of 2020 because it addresses both the scaling and usability problems which have prevented existing chains from breaking out and caused fees to explode, so apps finally have the potential to operate at consumer scale with real consumers.

NEAR is a decentralized application platform which is built atop the NEAR Protocol, a revolutionary public proof-of-stake blockchain which uses sharding to scale and an innovative account model to make apps similarly usable to those on today’s web. Unlike most “next generation” blockchains, NEAR’s homogeneous sharding design allows developers to take advantage of push-to-deploy simplicity while benefiting from the Nightshade sharding design, which provides dynamic scalability and stabilizes fees – all of which is comfortably hidden from developers and users.

Blockchain apps are complicated. NEAR makes building, using and scaling them simple.

Recent News
Bitcoin plumbs April lows as US dollar strength hits highest since May 2020
Apr 08 · Coin Telegraph · Bitcoin (BTC) neared new price lows for April on Friday's Wall Street open amid a fresh surge in the U.S. dollar.
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Near Protocol eyes a Terra-like price rally after new $350M funding raise
Apr 08 · The Cointelegraph · Near Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger Global, a New York-based hedge fund.
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Terra buys $200M in AVAX for reserves as rival stablecoins emerge
Apr 08 · Coin Telegraph · Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of AVAX tokens from the Avalanche Foundation.
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How crypto became a major source of relief for embattled Ukraine
Mar 24 · Coin Telegraph · “Crypto became the largest driver for humanitarian help as well as some of military help for Ukraine”, said Illia Polosukhin, the co-founder of Near Protocol.
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Multichain partnering with NEAR Protocol to enable communication with other networks
Mar 02 · CryptoSlate · Chainlink (LINK) oracles are now powering dApps on NEAR Protocol
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