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What is the Near Protocol, and how does it work? -Breaking

by Mike Robinson

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Near Protocol (Decentralized Application Platform) is an open-source platform that allows developers to create and manage DApps. It focuses on the usability of users as well as developers. NearProtocol competes with. Smart-contracts are possibleAnd a proof-of-stake (PoS) blockchain.

Nearby uses Sharding technology for scalingThis will cover a fundamental aspect of the coin. NEAR, the native token is used to pay transaction fees, and for storage on Near’s crypto platform. NEAR tokenholders, who want to be transaction validators or help attain network consensus, can use the tokens for staking.

Sharding strategy

Decentralization is the key

An approach that is user-first

Governance

Paras

NPunks

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