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protocol near Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

What is near protocol?

Near Protocol is a layer 1 blockchain network. It provides a platform on which developers can build decentralized applications ( dapps ). The most successful layer 1 blockchain is Ethereum, so protocols like Near are seen as challengers.

What is near and how does it work?

Near was created by NearCollective. It is a community-run cloud computing platform that hosts decentralized applications. It is also, both user and developer-friendly. This is essential in establishing it as the go-to network for casual crypto users as well DApp devs.

What is near's throughput?

High throughput: NEAR boasts a current maximum throughput of around 100,000 transactions per second ( tps) — which, if accurate, edges out Solana's 65,000 tps. That said, the blockchain currently only processes somewhere around 5-20 tps due to a lack of activity.

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