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. The native token, NEAR, is used for transaction fees and storage on the Near crypto platform .
Read moreIs near crypto a good investment?
Many analysts think it may be a very good investment . Do remember, however, that the crypto market is highly volatile and the price of all tokens and coins can go down as well as up.
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