$NEAR NEAR Protocol is a very fast and Layer 1 blockchain that can be used by many simultaneously.
In this, 8 active shards work in the method called Nightshade 2.0, and each block is created in just 600 milliseconds.
1. Chain Abstraction
Through this, users, developers, and AI agents can move and interact with assets across various blockchains using a single NEAR account.
➜ Simply put: even while using multiple blockchains, you only need a single account.
2. NEAR Intents
This simplifies complex operations on the blockchain.
Users will only specify what they want to do; the systems called 'solvers' will take care of how to do it.
➜ Example: If you say, "Send this money to that person," NEAR will automatically handle the backend processes.
3. Open Agentic Internet
For NEAR, AI agents:
• Real wallets
• Verifiable actions
• Private data handling
• Provides free access across multiple blockchains (multichain access) .
4. NEAR Token (NEAR) Utility
• Transaction fees
• Storage fees
• Staking rewards
• NEAR ecosystem governance rights
In short.....
[ NEAR Protocol ]
│
├── Nightshade 2.0 Sharding
│ ├── 8 Active Shards
│ └── 600 ms Block Time
│
├── Chain Abstraction
│ └── Single NEAR Account → Operations across Multiple Blockchains
│
├── NEAR Intents
│ ├── "What to do" → The user will specify
│ └── "How to do it" → Solvers take care of it
│
├── Open Agentic Internet
│ ├── Real Wallets
│ ├── Verifiable Actions
│ ├── Private Data Handling
│ └── Multichain Access
│
└── NEAR Token Utility
├── Transaction Fees
├── Storage
├── Staking Rewards
└── Governance
Thanks - Perplexity
