|NEAR Protocol (NEAR)||Buy NEAR Protocol Now|
|NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been|
|Change 7d||-14.06%||Market Cap||$2 954 778 374|
|Available supply||787 199 935 NEAR|
|Volume 24h||$163 105 542|
|Updated||Sunday, September 25, 2022 8:00:07AM UTC|
General NEAR facts, technical details and NEAR Protocol Cryptocurrency information
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”
NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
NEAR Protocol was founded by Erik Trautman, an entrepreneur with experience on Wall Street and founder of Viking Education. His co-founders were Illia Polosukhin, who has more than ten years of industry experience, including three years at Google, and Alexander Skidanov, a computer scientist that worked at Microsoft and went on to join memSQL, where he became the director of engineering. NEAR Protocol has an extensive team of experienced developers that includes several International Collegiate Programming Contest (ICPC) gold medalists and winners. The team claims to have people with experience of building some of the only real-world sharded systems at scale, a solution the protocol is pursuing to improve blockchain scalability.
NEAR uses its Nightshade technology to improve transaction throughput massively. Nightshade is a variation of sharding, in which individual sets of validators process transactions in parallel across multiple sharded chains, improving the overall capacity of the blockchain. In contrast to “regular” sharding, shards in Nightshade produce a fraction of the next block, called “chunks.” In doing so, NEAR Protocol is able to achieve up to 100,000 transactions per second and achieve near-instant transaction finality thanks to a one-second block cadence while simultaneously keeping transaction fees at virtually zero.
NEAR Protocol also improves upon the convoluted onboarding process of other blockchains by having human-readable addresses and building decentralized applications with similar registration flow to what users have already experienced. Moreover, it provides developers with modular components, helping them start projects like token contracts or NFTs more quickly.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Sep 16||4.17||4.14||4.24||3 328 310 230|
|Sep 17||4.20||4.20||4.38||3 446 827 244|
|Sep 18||4.38||3.94||4.39||3 101 565 165|
|Sep 19||3.90||3.84||4.06||3 196 622 385|
|Sep 20||4.06||3.85||4.06||3 047 588 990|
|Sep 21||3.82||3.60||4.00||2 844 816 167|
|Sep 22||3.66||3.64||3.89||3 031 345 983|
|Sep 23||3.86||3.64||3.93||2 983 682 379|
|Sep 24||3.78||3.69||3.85||2 906 584 330|
|Sep 25||3.71||3.71||3.76||2 954 778 374|
* Crypto Rating accepts no liability for any errors in the NEAR Protocol information, NEAR Prices and NEAR's Market Cap. For the most up-to-date prices please visit the NEAR Protocol's official website.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||84.4%||28||$19 095.25||0.49%||-4.82%||$365 864 647 826|
|2||ETH||Ethereum predictions||74.4%||56||$1 331.94||0.71%||-8.41%||$163 184 327 469|
|3||USDT||Tether predictions||94.4%||1||$1.000074||0%||0%||$67 959 697 977|
|4||USDC||USD Coin predictions||94.8%||1||$1.000122||0.02%||0%||$49 720 551 593|
|5||BNB||Binance Coin predictions||86.4%||17||$277.78||-1.12%||-0.16%||$44 816 623 769|
|6||XRP||XRP predictions||64.8%||72||$0.488936||-0.60%||26.12%||$24 372 838 519|
|7||BUSD||Binance USD predictions||91.2%||1||$1.000226||-0.02%||0.02%||$20 521 880 085|
|8||ADA||Cardano predictions||80%||32||$0.456989||-0.44%||-6.44%||$15 641 937 626|
|9||SOL||Solana predictions||84%||31||$33.96||0.41%||0.39%||$12 044 646 131|
|10||STETH||Lido stETH predictions||93.2%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||DOGE||Dogecoin predictions||86.8%||14||$0.063120||-3.40%||2.65%||$8 374 180 689|
|12||DOT||Polkadot predictions||79.6%||43||$6.34||-1.08%||-9.42%||$7 104 062 562|
|13||DAI||Dai predictions||95.2%||1||$1.000115||0.02%||0.02%||$6 930 218 400|
|14||MATIC||Polygon predictions||72.8%||54||$0.760974||-1.00%||-7.31%||$6 646 589 172|
|15||SHIB||SHIBA INU predictions||76.8%||42||$0.000011||1.90%||-4.05%||$6 254 513 839|
According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more...
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