What is NEAR Protocol?
NEAR Protocol focuses on usability and developer experience, featuring human-readable addresses and a unique sharding approach for scalability.
Key Features
- Technology: Nightshade sharding
- Use Case: dApps, DeFi
- Consensus: Proof of Stake
- Launch Year: 2020
How Does NEAR Protocol Work?
NEAR Protocol operates on a sharded proof-of-stake blockchain. The network is designed to make blockchain accessible to mainstream users. NEAR tokens are used for fees, staking, storage.
How to Buy NEAR
You can purchase NEAR on major cryptocurrency exchanges including:
Storing NEAR Safely
For long-term storage, consider using a hardware wallet like Ledger Nano X or a software wallet that supports NEAR Protocol. Always keep your private keys secure and never share them.
NEAR Protocol Price Analysis
NEAR Protocol has shown developer growth over the past year. As with all cryptocurrencies, NEAR is subject to market volatility. Always do your own research before investing.