near-protocol logo download PNG or SVG

Information about near-protocol

NEAR Protocol is a blockchain technology that functions as a decentralized cloud computing platform. It overcomes the limitations commonly found in other blockchains, such as slow transaction speeds, limited capacity, and difficulty in interoperability. This makes it an ideal platform for decentralized applications (DApps), providing a user-friendly and developer-friendly environment. Unlike Ethereum, NEAR uses easily recognizable account names instead of complex wallet addresses. Additionally, NEAR introduces innovative solutions for scalability issues and employs its own consensus mechanism known as "Doomslug." The development of NEAR Protocol is driven by the NEAR Collective, a community that continuously updates and enhances the platform. The primary objective is to build a secure and performant platform that can handle valuable assets like money and identity while remaining accessible to everyday users. Notable projects built on NEAR Protocol include Flux, which facilitates the creation of markets based on various assets and real-world events, and Mintbase, an NFT minting platform.

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