NEAR (Near Protocol)

Updated · 25 November 2021 · 11:14 AM

Project basic information

Issue Time:2020-08

Total Supply:1,000,000,000

Circulation :563,065,519

White paper:


Block Explorer:

Project Introduction

NEAR Protocol is a decentralized platform designed to create Internet applications. The network operates on a Proof-of-Stake consensus mechanism called Nightshade, which aims to ensure scalability and stable commission.

NEAR is a native service token that is used for:

Fees for transaction processing and data storage.

Launching validator nodes in the network by stacking NEAR tokens.

Voting on network management, for example, to determine how to allocate network resources.

© Cryptology 2024, Cypher Trading, UAB. Eišiškių Sodų 18-oji g. 11, Vilnius, LT-02194 Lithuania
Authorized to provide virtual currency exchange and custody services under the supervision of Lithuanian Financial Crimes Investigation Service (FCIS).