The NEAR Protocol stands out for its sharding technology, which enables thousands of low-cost transactions per second. Its “Nightshade” consensus mechanism ensures security and decentralisation. NEAR provides an optimised development environment, with tools like NEAR Wallet and a comprehensive SDK, making it easier to create apps. Its transaction-fee burning policy and proof-of-stake (PoS) model promote a sustainable and eco-friendly token economy.
Performance summary for NEAR/USD
View the annual performance of NEAR/USD, the cryptocurrency launched in 2020
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