What does near protocol do?

The NEAR protocol blockchain is secure and permissionless. The network’s innovations consist of a new consensus mechanism called ‘Doomslug. ‘ NEAR Protocol can be used to pay fees for storing data and processing transactions and is also used to run validator nodes on the network by staking currency tokens .

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What is near in crypto?

NEAR’s native token is also called NEAR, and is used to pay for transaction fees and storage. NEAR tokens can also be staked by token holders who participate in achieving network consensus as transaction validators. NEAR Protocol is focused on creating a developer and user friendly platform.

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How much is near protocol worth?

NEAR Price Statistics NEAR Protocol Price$13.29Price Change24h$0.6489 5.13%24h Low / 24h High$11.98 / $13.52Trading Volume24h$824,683,735.04 6.34%Volume / Market Cap0.09397NEAR Protocol price today, NEAR to USD live, marketcap and chart coinmarketcap.com › currencies › near-protocol

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Can you invest in near protocol?

If you do have to purchase NEAR Protocol with another crypto, you’ll need to first create a crypto wallet that supports NEAR Protocol, then you’ll buy the first currency and use it to buy NEAR Protocol on the platform you chose . If you get stuck, most platforms provide guides.

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