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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

18.46844

NEAR / GBPBritish Pound Sterling

2.080877

NEAR / HKDHong Kong Dollar

21.582749

NEAR / INRIndian Rupee

236.39497

NEAR / JPYJapanese Yen

402.453878

NEAR / MXNMexican Peso

53.798828

NEAR / AUDAustralian Dollar

4.398713

NEAR / TRYTurkish Lira

105.16879