NEAR Protocol
NEAR1.41 (+0.66%)
Performance & facts
| NEAR Protocol price: | 1.408 | #51 | |
| Price change 1 hour: | +0.23% | #57 | |
| Price change 24 hours: | +0.66% | #201 | |
| Price change 7 days: | +4.82% | #155 | |
| Price change 30 days: | +2.58% | #104 | |
| 24 hour volume: | 118m | #18 | |
| 24 hour range: | 1.38 - 1.44 | ||
| 52 week range: | 0.88 - 3.31 | ||
| Website: | https://near.org | ||
About NEAR Protocol
NEAR Protocol is a layer 1 blockchain platform for building decentralized applications.
While most blockchain systems have to choose whether to prioritize performance or decentralisation, NEAR Protocol is designed to tackle both at the same time.
NEAR Protocol is highly performant because it is using a sharding and can process transactions in parallel.
NEAR Protocol is decentralized because it employs proof-of-stake consensus mechanism, where anyone holding NEAR token has proportional say in securing the network, unlike coins like Bitcoin which are secured by small number of large mining farms.
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