What is near coin?

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.

Read more

Is near a blockchain?

Near Protocol is a decentralized application (DApp) platform that focuses on usability among developers and users. As a competitor of Ethereum, NearProtocol is also smart-contract capable and a proof-of-stake (PoS) blockchain . Near uses sharding technology to achieve scalability, a core aspect discussed later.

Read more