What is Near?
Hello and welcome to today’s video where we’ll be talking about one of the most exciting and innovative projects in the world of blockchain – Near Protocol. In this video, we’ll be diving into everything you need to know about Near Protocol, from who invented it, what it is, the benefits of it, and why it’s a good investment cryptocurrency.
So, let’s get started! Near Protocol was founded by Alexander Skidanov, Illia Polosukhin, and Evgeny Kuzyakov in 2018. These three talented individuals have a wealth of experience in software development, with backgrounds in companies such as Microsoft, Google, and MemSQL.
Near Protocol is a decentralized blockchain platform that enables developers to build decentralized applications (DApps) that can be easily accessed and used by anyone. It is designed to be scalable, secure, and developer-friendly, making it an ideal platform for building decentralized applications.
One of the main benefits of Near Protocol is its scalability. Unlike other blockchain platforms, Near Protocol is designed to handle a high volume of transactions without compromising on speed or security. This makes it an ideal platform for building applications that require fast and reliable transactions.
Another benefit of Near Protocol is its low fees. Near Protocol uses a unique fee model that enables users to pay for transaction fees using the native NEAR token, which is a lot cheaper than paying fees in other cryptocurrencies like Ethereum.
Additionally, Near Protocol is highly flexible and developer-friendly, with support for multiple programming languages, including Rust, AssemblyScript, and TypeScript. This makes it easy for developers to build applications on the platform without having to learn a new programming language.
But what about the investment potential of Near Protocol? Well, many experts believe that Near Protocol has a lot of room for growth. Its fast transaction speeds and low fees make it an attractive option for businesses and developers looking to build on the blockchain. And as more people begin to use Near Protocol, the value of its cryptocurrency, NEAR, is likely to increase.
Of course, like any investment, there is always some risk involved. But if you’re looking for a promising cryptocurrency with a strong team behind it and a lot of potential, Near Protocol might be worth considering.