near protocol

NEAR Protocol is a layer-1 blockchain network that is both scalable and safe. It is also user-friendly. The Near Protocol is designed to empower both creators and developers, allowing them to receive the fees generated by their contracts, as well as rewards for validating transactions. The community exists to facilitate community-driven innovation that benefits people all over the world. 

Company Details

• Founders: Illia Polosukhin, Alexander Skidanov
• Founded: 2017
• Headquarters: San Francisco, California, United States

Key Features:

• The network acts as the foundation upon which applications are constructed. 
• NEAR makes it simple to engage by allowing the use of account names that are readable by humans.
• Offers a simple native wallet for managing NEAR tokens and connecting with dApps.
• It uses Nightshade, a sharding method that processes transactions in parallel.