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Specifications and Performance

Posted: Sun Apr 06, 2025 9:17 am
by arzina221
Near coin (NEAR) is the native cryptocurrency of a blockchain platform called NEAR Protocol. NEAR Protocol is a smart contract platform that aims to provide high scalability, low transaction fees, and a user-friendly experience.

NEAR Protocol was founded in 2018 by Illia Polosukhin and Alexander Skidanov. Both founders are software engineers with experience in artificial intelligence and machine learning, having previously worked at major technology companies such as Google and Microsoft. NEAR coin was launched in October 2020 along with the platform’s mainnet launch.

Near Coin Technical special lead Infrastructure and Working Principle
What are the Usage Areas of NEAR Coin?
About NEAR Ecosystem
What are the Advantages of Near Coin?
Frequently Asked Questions About Near Coin
What is NEAR coin and how does it work?
What are the advantages of staking NEAR coin?
How can I develop an application on NEAR Protocol?
What is the supply of NEAR coin?
Near Coin Technical Infrastructure and Working Principle
NEAR Protocol uses a unique sharding technology called Nightshade . This technology allows parallel processing by dividing the network into multiple shards, thus increasing the network’s transaction capacity and speed. NEAR uses the Proof of Stake (PoS) consensus mechanism, thus providing an energy-efficient and environmentally friendly blockchain solution.