Cryptocurrency of the Day ( $NEAR ) 🪙
What is NEAR? 🤔
$NEAR is an open-source and developer-focused blockchain platform. Launched in 2020, NEAR is designed to facilitate the development and scaling of decentralized applications (dApps). #NEAR, which stands out with its high speed, low cost and developer-friendly structure, also stands out with its scalability and sustainability goals.
Featured Features 🛠️
🔹Sharding Technology: NEAR uses a unique#shardingtechnology called Nightshade. This divides the #blockchain's load into pieces (shards), and each piece increases the scalability of the platform by verifying transactions in parallel. In this way, transaction speed is increased and costs are kept low.
🔹 User Friendly: $NEAR has simplified the wallet creation and access processes to make it as easy as possible for users to interact with the blockchain. It uses human-readable account names instead of traditional wallet addresses.
🔹Low-Cost Transactions: NEAR keeps costs low while performing transactions at high speed. In this way, the platform offers an economical option for both developers and users.
🔹Carbon-Free Operation: NEAR works with the goal of being carbon neutral by prioritizing sustainability. Aiming to reduce the energy consumption of blockchain technology, NEAR contributes to environmental sustainability.
🔹Developer-Friendly Tools: NEAR offers rich toolkits and smart contract development kits for developers. Popular programming languages such as Rust and AssemblyScript are supported, allowing developers to easily adapt to the platform.
NEAR Statistics 📊
- Price: $4.93
- TVL: $229.98 million
- Market Value: $5,459,673,612