Overview

NEAR Protocol is a blockchain platform designed for mainstream adoption, utilizing a fully sharded, proof-of-stake system. Its main feature, Chain Abstraction, allows for seamless scalability, enabling the platform to support a large number of users efficiently. NEAR Protocol caters to developers, enterprises, and end-users who want to use blockchain technology for various applications, including decentralized finance (DeFi) and non-fungible tokens (NFTs). Unlike many other blockchain platforms, NEAR focuses on both scalability and security, making it suitable for a wide range of applications. The company's goal is to become a foundational element in the Web3 ecosystem, providing a reliable and efficient platform for blockchain-based solutions.