NEAR (blockchain platform)
Public blockchain platform
NEAR (blockchain platform)
NEAR is a public blockchain platform that uses a proof-of-stake consensus mechanism and provides smart-contract functionality. Its native cryptocurrency is NEAR. It was founded in 2018 by Illia Polosukhin and Alexander Skidanov, with mainnet launching in 2020. NEAR was designed with a sharded architecture for decentralized applications and high-throughput transactions, intended to serve as an alternative to Ethereum and other layer-one blockchain networks.
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