Tag: Near Token

NEAR Protocol is a next-level blockchain protocol designed for developers to swiftly deploy decentralized applications (dApps) with minimal effort required. Created with novel consensus algorithms and sharding protocols, NEAR Protocol has developed a smart contract-enabled blockchain that facilitates the creation of community-based dApps. Furthermore, the NEAR blockchain achieves this with substantially lower costs than that of the Ethereum network and faster transaction finality. Moreover, the NEAR Protocol Wallet gives NEAR token holders the opportunity to earn staking rewards. By locking up NEAR tokens, users can contribute to the security of the network by becoming a delegator or validator node.