information about NEAR Protocol (NEAR) as of September 1, 2023, 2:28 AM PST:
Price: $1.16 USD
Market capitalization: $1,092,568,935 USD
24-hour trading volume: $48,654,864 USD
Rank: #42
Change in 24 hours: -3.45%
NEAR Protocol is a blockchain-based platform for decentralized applications (DApps). It is designed to be scalable, secure, and easy to use. NEAR uses a proof-of-stake consensus mechanism, which makes it more energy-efficient than proof-of-work blockchains like Bitcoin and Ethereum.
NEAR Protocol has a number of features that make it a promising platform for DApps. These features include:
Scalability: NEAR Protocol can process up to 100,000 transactions per second, making it one of the most scalable blockchains available.
Security: NEAR Protocol uses a number of security features to protect its network, including elliptic curve cryptography and proof-of-stake.
Ease of use: NEAR Protocol is designed to be easy to use for developers and users alike. It supports a number of programming languages, including JavaScript, Rust, and Python.
NEAR Protocol is a rapidly growing platform with a number of promising projects being built on it. Some of the most notable projects on NEAR Protocol include:
Aurora: A decentralized exchange (DEX) that is designed to be fast, secure, and user-friendly.
Mintbase: A platform for creating and selling NFTs.
Ref Finance: A decentralized lending platform.
Flux: A platform for building and deploying DApps. $NEAR