Near Protocol and Dogecoin Supporters Rally Around

NEAR Protocol is a Layer-1 blockchain that allows developers to create and run applications that are powered by a network of computers. It aims to solve some of the challenges that other blockchains face, such as low speed, high cost, and poor usability.

It employs a unique sharding method called Nightshade, which divides the blockchain into several pieces that can handle transactions simultaneously, improving the network’s speed and performance.

It also has a secure and fast consensus algorithm called Doomslug, which guarantees that blocks are confirmed in one second. Furthermore, It is built to be easy to use and develop on, with features such as account names that are easy to read, low fees, and compatibility with other chains.