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What is NEAR coin? Introduction to the NEAR coin issue price, total volume and white paper
NEAR, a PoS blockchain platform optimized for scalability, aims to deliver a developer-friendly and efficient environment for building decentralized applications with Nightshade Sharding and Wasm Smart Contracts.
Oct 09, 2024 at 06:30 am

What is NEAR Coin?
NEAR is a Proof-of-Stake (PoS) blockchain platform focused on scalability, security, and usability. It aims to provide a fast, secure, and developer-friendly platform for building decentralized applications.
Key Features of NEAR:
- Nightshade Sharding: A novel sharding mechanism that enables high transaction throughput without compromising security.
- Simple Account Model: Provides human-readable account names instead of complex public keys.
- Wasm Smart Contracts: Supports smart contracts written in WebAssembly (Wasm), making it accessible to a wide range of developers.
NEAR Coin Issuance
- Issue Price: NEAR was initially issued at $0.000259 on April 11, 2020.
- Total Supply: The total supply of NEAR is 1 billion coins.
- Distribution: NEAR coins were distributed through a series of token sales and airdrops.
NEAR White Paper
The NEAR white paper was published in September 2018 by NEAR Inc., a non-profit organization that supports the development of the NEAR platform. It outlines the technical specifications, design, and vision of the NEAR blockchain.
Conclusion
NEAR is a promising blockchain platform that offers a combination of scalability, security, and user-friendliness. The NEAR coin is the native cryptocurrency used on the platform, and its value is expected to fluctuate based on the demand for the network.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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