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What is Near Protocol (NEAR)?

NEAR Protocol is a decentralized platform for building and running applications. It aims to be a community-driven cloud computing service that emphasizes developer-friendliness and ease of use for users. The platform employs a Proof-of-Stake consensus mechanism combined with sharding technology to address blockchain scalability issues. Its native token, NEAR, is used to pay transaction fees and store data on the network. NEAR features a unique sharding approach called Nightshade, which divides the network into smaller segments called shards. This allows the network to process transactions and run computations in parallel, reducing the load on individual nodes. Consensus is maintained through staking NEAR tokens, with validators chosen via an auction system every roughly 12 hours during an ...

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Global prices

NEAR / DKKDanish Krone

15.9962

NEAR / GBPBritish Pound Sterling

1.806678

NEAR / HKDHong Kong Dollar

19.167388

NEAR / INRIndian Rupee

209.460674

NEAR / JPYJapanese Yen

353.931575

NEAR / MXNMexican Peso

46.691031

NEAR / AUDAustralian Dollar

3.889455

NEAR / TRYTurkish Lira

92.992954