NEAR Protocol (NEAR) | Buy NEAR Protocol Now |
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NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been | |
CVIX | 56 |
Current price | $7.30 |
Change 24h | 5.37% |
Change 7d | 15.69% | Market Cap | $7 786 593 460 |
Available supply | 1 066 498 591 NEAR |
Volume 24h | $649 598 573 |
Updated | Sunday, April 28, 2024 10:00:05AM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $8.39 | 14.91% |
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General NEAR facts, technical details and NEAR Protocol Cryptocurrency information
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”
NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
NEAR Protocol was founded by Erik Trautman, an entrepreneur with experience on Wall Street and founder of Viking Education. His co-founders were Illia Polosukhin, who has more than ten years of industry experience, including three years at Google, and Alexander Skidanov, a computer scientist that worked at Microsoft and went on to join memSQL, where he became the director of engineering. NEAR Protocol has an extensive team of experienced developers that includes several International Collegiate Programming Contest (ICPC) gold medalists and winners. The team claims to have people with experience of building some of the only real-world sharded systems at scale, a solution the protocol is pursuing to improve blockchain scalability.
NEAR uses its Nightshade technology to improve transaction throughput massively. Nightshade is a variation of sharding, in which individual sets of validators process transactions in parallel across multiple sharded chains, improving the overall capacity of the blockchain. In contrast to “regular” sharding, shards in Nightshade produce a fraction of the next block, called “chunks.” In doing so, NEAR Protocol is able to achieve up to 100,000 transactions per second and achieve near-instant transaction finality thanks to a one-second block cadence while simultaneously keeping transaction fees at virtually zero.
NEAR Protocol also improves upon the convoluted onboarding process of other blockchains by having human-readable addresses and building decentralized applications with similar registration flow to what users have already experienced. Moreover, it provides developers with modular components, helping them start projects like token contracts or NFTs more quickly.
Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
---|---|---|---|---|
Apr 18 | 5.41 | 5.32 | 5.80 | 6 101 154 137 |
Apr 19 | 5.70 | 5.37 | 5.80 | 6 019 712 006 |
Apr 20 | 5.63 | 5.54 | 6.17 | 6 562 465 121 |
Apr 21 | 6.21 | 6.21 | 6.34 | 6 746 889 481 |
Apr 23 | 7.07 | 6.92 | 7.07 | 7 367 383 636 |
Apr 24 | 6.89 | 6.79 | 7.13 | 7 238 761 899 |
Apr 25 | 6.88 | 6.62 | 7.17 | 7 550 859 705 |
Apr 26 | 7.14 | 6.94 | 7.45 | 7 403 772 725 |
Apr 27 | 6.93 | 6.79 | 7.57 | 7 694 735 304 |
Apr 28 | 7.13 | 7.13 | 7.34 | 7 786 593 460 |
* Crypto Rating accepts no liability for any errors in the NEAR Protocol information, NEAR Prices and NEAR's Market Cap. For the most up-to-date prices please visit the NEAR Protocol's official website.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 88% | 22 | $63 721.15 | 1.24% | -1.84% | $1 254 751 595 338 | ||
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2 | ETH | Ethereum predictions | 80.4% | 40 | $3 305.01 | 6.06% | 4.29% | $403 386 347 528 | ||
3 | USDT | Tether predictions | 92% | 1 | $0.999514 | 0% | -0.07% | $110 509 187 408 | ||
4 | BNB | Binance Coin predictions | 86% | 26 | $602.45 | 1.33% | 3.79% | $88 890 787 484 | ||
5 | SOL | Solana predictions | 62.8% | 75 | $142.22 | 4.50% | -5.92% | $63 615 151 979 | ||
6 | USDC | USD Coin predictions | 94.4% | 2 | $1.000025 | 0% | 0% | $33 486 497 355 | ||
7 | XRP | XRP predictions | 66% | 67 | $0.520216 | 1.08% | -2.11% | $28 734 580 172 | ||
8 | DOGE | Dogecoin predictions | 65.2% | 71 | $0.148883 | 2.73% | -8.01% | $21 449 343 129 | ||
9 | TON | Toncoin predictions | 68% | 60 | $5.50 | 5.02% | -11.91% | $19 091 073 952 | ||
10 | ADA | Cardano predictions | 62.8% | 78 | $0.471892 | 3.71% | -5.97% | $16 817 729 834 | ||
11 | SHIB | SHIBA INU predictions | 60.8% | 82 | $0.000025 | 1.05% | -7.25% | $14 606 809 046 | ||
12 | AVAX | Avalanche predictions | 62% | 81 | $34.64 | 1.54% | -7.97% | $13 108 750 654 | ||
13 | TRX | TRON predictions | 88.4% | 21 | $0.120774 | 0.72% | 8.86% | $10 574 898 130 | ||
14 | WTRX | Wrapped TRON predictions | 89.6% | 18 | $0.120639 | 0.54% | 8.45% | $10 563 049 844 | ||
15 | STETH | Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |
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