NEAR Protocol – Price, Historical Data & How to Buy

NEAR Protocol
NEAR
$ 5.60
0.00005292 BTC
Marketcap
$ 6,589,272,074
Volume (24h)
$ 313,187,128
Circulating Supply
1,175,436,170 NEAR
Total Supply
1,230,711,499 NEAR

What is NEAR Protocol?

NEAR Protocol and the price of NEAR

Near Protocol is a decentralized application platform that enables developers to build and deploy fast, scalable applications. The Near Protocol is built on top of the NEAR blockchain, which uses sharding to improve scalability. This means that Near Protocol can handle a large number of transactions per second, making it ideal for applications that require high throughput.Near Protocol also includes a number of features that make it easy for developers to build applications on the platform. For example, Near Protocol has a built-in programming language called AssemblyScript, which is designed to be easy to learn and use. Near Protocol also includes a number of toolkits and libraries that make it easy to develop and deploy applications on the platform. 

Near Protocol is an open-source project that is overseen by the NEAR Foundation. The NEAR Foundation is a non-profit organization that is responsible for the development and maintenance of the Near Protocol. The NEAR Foundation is funded by a number of different organizations, including the Ethereum Foundation, Google, and Andreessen Horowitz.

What is NEAR?

NEAR tokens are the native currency of the NEAR network. They are used to pay for transaction fees, smart contract deployment and execution, and other services on the network. NEAR tokens can also be staked by validators to earn rewards for securing the network.

NEAR’s key features include:

  • A sharding-based consensus protocol that is designed to be scalable and secure.
  • A user-friendly development environment that makes it easy to build and deploy dApps.
  • A decentralized virtual machine that can execute smart contracts written in any programming language.

NEAR tokens are available for purchase on a number of cryptocurrency exchanges.

NEAR historical price

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How to buy NEAR

Buying NEAR is easy and can be done in a few simple steps. First, you need to find a reputable exchange that offers NEAR tokens. Once you have found an exchange, you will need to create an account and deposit funds into your account. Once your account is funded, you can then buy NEAR tokens using the funds in your account. Finally, you can store your NEAR tokens in a wallet of your choice.

When buying NEAR or any other cryptocurrency, it is important to remember to only buy what you can afford to lose. Cryptocurrencies are volatile and their prices can fluctuate rapidly. As such, it is important to do your own research and understand the risks involved before investing any money.

If you are looking to buy NEAR tokens, we recommend using Binance. Binance is one of the largest and most popular cryptocurrency exchanges in the world. They offer a wide variety of cryptocurrencies, including NEAR, and their platform is user-friendly and easy to use.

NEAR Protocol – FAQ

Here we present the answers to some of the most frequently asked questions about NEAR Protocol.

Are NEAR transactions anonymous?

NEAR transactions are not completely anonymous due to the way the protocol is designed. However, it is possible to deanonymize them using techniques such as Chainalysis. Therefore, it is recommended to use a reputable and reliable service that provides good privacy protection.

How fast is NEAR Protocol?

NEAR Protocol is designed to be extremely fast. Transactions on the NEAR blockchain are confirmed in just a few seconds, and the platform can handle up to 10,000 transactions per second. This makes it one of the fastest blockchains in the world.

This speed is possible because of the way NEAR Protocol is designed. The NEAR blockchain uses a unique consensus algorithm called “Proof of Stake” which allows for much faster transaction times than other blockchains.

If you’re looking for a fast and efficient blockchain platform, NEAR Protocol is a great option. With its high transaction throughput and low fees, it’s perfect for businesses and individuals who need to move quickly.