|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||-6.63%||Market Cap||$10 675 208 581|
|Available supply||615 911 756 NEAR|
|Volume 24h||$861 761 288|
|Updated||Wednesday, January 19, 2022 7:00:04AM 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, $|
|Jan 10||13.52||13.36||15.07||9 103 969 487|
|Jan 11||15.48||15.48||18.05||10 959 914 214|
|Jan 12||18.08||17.53||18.73||10 658 236 949|
|Jan 13||17.53||17.26||19.65||11 937 481 336|
|Jan 14||19.54||18.67||20.10||12 326 636 309|
|Jan 15||20.19||19.27||20.19||11 846 503 460|
|Jan 16||19.32||18.87||20.24||12 400 745 533|
|Jan 17||20.07||17.62||20.07||10 894 454 966|
|Jan 18||17.75||16.88||18.11||11 026 922 412|
|Jan 19||17.71||17.33||17.81||10 675 208 581|
* 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||71.2%||61||$41 781.93||-1.20%||-2.04%||$791 088 078 889|
|2||ETH||Ethereum predictions||64.4%||76||$3 104.92||-3.07%||-4.08%||$370 163 071 496|
|3||USDT||Tether predictions||96%||1||$1.000442||0%||0.02%||$78 349 190 476|
|4||BNB||Binance Coin predictions||70%||60||$462.66||-2.57%||0.34%||$76 392 115 063|
|5||ADA||Cardano predictions||76%||52||$1.41||-10.09%||16.06%||$47 131 349 412|
|6||USDC||USD Coin predictions||96%||1||$0.999818||-0.07%||0.01%||$45 754 530 091|
|7||SOL||Solana predictions||62.8%||81||$138.01||-1.88%||-1.19%||$43 357 154 185|
|8||XRP||XRP predictions||69.2%||65||$0.743566||-2.42%||-2.66%||$35 440 659 267|
|9||LUNA||Terra predictions||74%||57||$77.07||-0.63%||2.61%||$27 568 221 274|
|10||DOT||Polkadot predictions||73.2%||51||$24.34||-4.48%||-6.31%||$24 040 494 775|
|11||DOGE||Dogecoin predictions||75.2%||45||$0.166796||-2.47%||8.84%||$22 128 901 943|
|12||AVAX||Avalanche predictions||61.2%||79||$84.45||-2.78%||-7.81%||$20 636 453 390|
|13||SHIB||SHIBA INU predictions||70%||63||$0.000028||-3.69%||-2.92%||$15 307 020 912|
|14||MATIC||Polygon predictions||68.4%||59||$2.08||-6.22%||-11.45%||$15 177 353 942|
|15||BUSD||Binance USD predictions||90.8%||1||$0.998835||-0.12%||-0.19%||$14 198 835 768|
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