#NEAR ALL WHAT YOU NEED TO KNOW ABOUT NEAR PROTOCOL FEATURE and price prediction for January WATCH in first comment đđ
NEAR Protocol â Highly scalable blockchain with sharding
NEAR Protocol is a layer 1 blockchain designed to enable widespread adoption of web3 through its implementation of the Nightshade sharding mechanism and a Proof-of-Stake consensus algorithm. The NEAR platform is built for scalability and offers an environment that is accessible and developer-friendly.
The team behind NEAR is positioning the platform to serve as a foundational operating system for web3, empowering developers to create applications using popular programming languages like JavaScript. Additionally, NEAR more efficient app development by allowing developers to leverage components shared by the community. A unique feature of NEAR is its ability to onboard users who have no prior cryptocurrency holdings, making it particularly accessible for newcomers to web3 technologies.
Transactions on the NEAR Protocol reach finality in under three seconds and cost less than $0.01 in fees. As the rollout of Nightshade sharding progresses, the platform is expected to achieve even greater levels of scalability.$NEAR