Details about NEAR Protocol cryptocurrency
€6,987,699,523 ( -3.71938%)
€704,348,000
1,183,246,171
1,065,751,505
54.833
Unknown
168x
€1104.31
NEAR Protocol price charts
NEAR exchanges
NEAR Protocol, the crypto
NEAR Protocol (NEAR) is a decentralized blockchain platform for building decentralized applications. It aims to provide a user-friendly experience for developers by providing them with the tools to create scalable and secure applications. It uses a Proof of Stake (PoS) consensus mechanism, which enables it to scale to millions of transactions per second, making it suitable for enterprise-level applications.
The point
The main point of NEAR Protocol (NEAR) is to enable the creation of decentralized applications that are scalable, secure, and easy to use. It aims to provide a user-friendly experience for developers by providing them with the tools to create applications that can process millions of transactions per second without compromising on security.
The problem
NEAR Protocol (NEAR) tries to solve the problem of scalability in blockchain technology. Most blockchain platforms suffer from scalability issues, which limit their ability to process large volumes of transactions efficiently. NEAR Protocol (NEAR) uses a sharding mechanism that splits the network into smaller groups of nodes, enabling it to process millions of transactions per second.
Compare NEAR and BTC performance
| Timeframe | NEAR | BTC |
|---|---|---|
| 1h change | -1.00577 % | 0.208274 % |
| 24h change | -2.85 % | 0.847492 % |
| 7 day change | 23.78 % | 1.58229 % |
| 14 day change | 3.72 % | -7.78047 % |
| 30 day change | -6.52 % | -5.95001 % |
| 200 day change | 539.63 % | 129.061 % |
| Year change | 284.59 % | 137.437 % |