Near Protocol (NEAR)

NEAR Protocol is a decentralized smart contract platform that aims to facilitate the creation of decentralized applications (dApps) by offering high scale and performance with a user experience comparable to that of traditional Web applications.
It uses a consensus mechanism called Nightshade that distributes proof-of-work across the network more efficiently, enabling fast, low-cost transactions.
NEAR also uses an economic model called the “creative economy”, which is designed to encourage developers and users to contribute to the network.
View the Near Protocol course below.

The Near Protocol story begins with two visionary minds: Alexander Skidanov and Illia Polosukhin.
Their journey into the world of blockchain began with an ambitious mission: to overcome the inherent limitations of existing blockchains and create a platform that would foster mass adoption of this revolutionary technology.
Before founding Near Protocol, Skidanov already had a wealth of experience in the field of technology and software development.
Skidanov began his career in software development at Microsoft, where he worked on major projects.
This experience enabled him to acquire solid expertise in the design and implementation of complex systems.
After his time at Microsoft, Skidanov joined MemSQL, a company specializing in real-time databases.
There, he worked on problems related to large-scale data management, which gave him an in-depth understanding of the technical challenges of scalability.
It was this experience combined with his passion for blockchain that led Skidanov to co-found Near Protocol.
He brought his technical expertise and leadership to the team, making a significant contribution to the creation of an innovative blockchain platform.
Illia Polosukhin, Near Protocol’s second co-founder, is also a key figure in the platform’s development.
Like Skidanov, he has brought a wealth of technical experience to the team.
Polosukhin is known for his expertise in artificial intelligence (AI) and machine learning.
Prior to Near Protocol, he worked at OpenAI, the renowned AI research organization behind ChatGPT.
His contribution to major AI projects has demonstrated his ability to tackle complex technical problems.
Combining his AI skills with the ambition to revolutionize blockchain, Polosukhin played a key role in the creation of Near Protocol.
His vision and expertise helped shape the platform’s technical approach.
Skidanov and Polosukhin brought with them a wealth of experience in software development and a deep passion for creating innovative solutions.
Together, they laid the foundations for what was to become one of the most promising blockchains on the market: Near Protocol.
However, these two co-founders are not the only protagonists in the project’s story.
In addition to them, Near Protocol relies on a diverse and highly qualified team to advance its mission.
From developers to cryptography experts to marketing specialists, all team members share the passion and commitment to Near Protocol’s vision.
The culture at Near Protocol emphasizes transparency, collaboration and continuous innovation.
This approach has helped make Near Protocol not only a leading-edge technology platform, but also a dynamic and committed community. Buy NEAR safely with Coinhouse

Near Protocol is a Layer 1 blockchain that aims to solve the scalability and cost issues associated with many existing blockchains.
Near Protocol’s consensus mechanism is a central element of its architecture, determining how transactions are validated and added to the blockchain.
Near uses Proof-of-Stake (PoS) consensus to achieve a balance between security, low power consumption and scalability.
Staking is therefore possible on this network.
In PoS, players called “validators” are selected to validate transactions according to the quantity of crypto they hold and are willing to “stake” as collateral.
This staking acts as an incentive to act honestly, as validators risk losing part of their funds if they are caught acting improperly.
This mechanism promotes network security by encouraging validators to act in the best interests of the community.
When a transaction is submitted to the network, competent validators are selected to validate it.
They examine the transaction to ensure that it is valid and does not lead to double spending or other problems.
Once the transaction has been validated, it is added to a block, which is then added to the Near Protocol main chain.

Near Protocol is a blockchain platform that focuses on ease of use and scalability.
Several innovative projects are being developed or have already been launched on this platform: – Rainbow Bridge: This is an inter-chain bridge that enables users to transfer tokens and other assets between Near Protocol and other blockchains, such as Ethereum.
This facilitates interoperability and opens up new possibilities for developers and users. – Ref Finance: This is a decentralized exchange (DEX) built on Near Protocol.
It offers users the possibility of exchanging tokens in a decentralized way, without the need for an intermediary. – Burrow: This is a lending platform that enables users to borrow or lend digital assets.
It offers a new way to earn interest on assets or obtain liquidity. – Metapool: This is a liquid staking solution for Near Protocol.
Users can stake their NEAR tokens while obtaining a token representative of their stake, which they can use in other decentralized applications.
These projects demonstrate Near Protocol’s ambition to create a rich and diverse ecosystem, meeting the varied needs of users and developers in the blockchain space.

1. Go to your Coinhouse application and log in to your personal space or create your account.
2. Go to the buy/sell section.
3. Select the amount you wish to invest, the currency of your choice (in this case NEAR), and exchange USDT for NEAR.
4. Once your transaction has been validated, you ‘ll find your NEARs in your crypto wallet.

NEAR Protocol is emerging as one of the most promising blockchains of our time, offering an innovative approach to overcoming persistent industry challenges.
This next-generation blockchain skillfully combines features such as high performance, first-class security, an intuitive development experience and decentralized governance.
What’s more, NEAR Protocol’s vision goes beyond mere technology.
The project emphasizes decentralized governance, enabling token holders to actively participate in decisions affecting the future of the network.
This democratic approach gives the NEAR community a sense of belonging and influence, reinforcing commitment to the project.