The NEAR Protocol is a next-generation blockchain designed to address common limitations
such as high fees and slow transaction times. It empowers developers to create and manage
NEAR tokens while providing a scalable, secure, and user-friendly platform for decentralized
applications. NEAR is recognized as a developer-friendly, energy-efficient alternative to
traditional blockchains, enabling both businesses and users to access decentralized ecosystems
with ease.
NEAR employs sharding technology, partitioning the network to process multiple transactions
in parallel, significantly improving speed and security. Built on a proof-of-stake consensus,
NEAR ensures environmental sustainability while supporting high throughput. NEAR tokens
facilitate transaction fees, smart contract deployment, and governance participation, making
them essential for a thriving blockchain ecosystem.