NEAR Protocol (NEAR) And Its Unique Consensus Mechanism
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Blockchain power: Deep diving in a close protocol (close)
The world of blockchain technology quickly visited the recently, and new toys at Irging to challenge traditional cryptophysis. Among these novices is near the protocol, a decentralized application (DAPP) built on the prof-fae (POS) consensus mechanism. In this article, we will delve into unrestricted features and benefits of a close protocol, examining how his innovative LansCape consensus.
What’s close to the protocol?
Near the protocol there is a quick, Securi and scalable blockchain platform, which allows the development of decentralized applications (DAPS). Founded in 2018 by Ethan Beardsworth, Alex Zhang and Stephen Chen, a project addressed to this friend and consisting of a friendly Platform Friend. Near the native Protocol token, USD, serves as its primari currency, the use of transaction fees, management and are goals.
Consensus mechanism: Proof-of-Stake (POS)
The consensus of the close protocol is based on the evidence Staki (POS), energy-saving legs for Tradional Profft-Work (POW). POS includes validators holding the number of tokens as “rates”, not computers for computers. This approach requires validators of a significant amount of tokens, which makes them more accessible and satisfying for programmers.
The consensus algorithm of the close protocol has been designed to be energy -saving, scalable and second. It is hungry for unwavering architecture, which allows:
- Reduced energy consumption : POS eliminates the need for powerful computers for complex complex mathematical problems, reducing energy consumption.
20 tokens.
- Correct Tastiness : A consensus algorithm near the protocol allows faster transaction times and traditional blockchins.
Unique features of a close protocol
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In addition to the innovative consensus mechanism, near the protocol, it boasts several insignificant functions that are appointed to form:
1.
- Interoperability : The platform is aimed at including trouble -free organization.
– decision -making processes.
Benefits of using a close protocol *
Consumers of a close offRS protocol for programmers, investors and users:
- Energy efficiency : using POS, near the protocol reduces energy consumption, causing the option for programmers.
- Skalność
: Platform’s consensus algorithm allows faster transaction times and Heighursput compared to traditional blockchain platforms.
- Security : The innovative consensus of the mechanism near the protocol ensures solid security that “assets” of assets “.
Application*
Near the protocol, he suppresses a significant innovation in its consensus mechanism of Stopka, decisive applications have been disturbed.