In the current rapid development of blockchain technology, NEAR Protocol, as a layer one blockchain based on sharding technology and Proof of Stake (PoS), is attracting attention. It aims to create a high-performance, scalable, and user-friendly platform for developers, facilitating the creation and launch of decentralized applications (dApps) and promoting the development of the Web3 space.
The core of NEAR Protocol lies in sharding technology, which divides the network infrastructure into multiple parts. Nodes only handle a small portion of network transactions, achieving high throughput and low latency transaction processing, thereby enhancing overall network efficiency.
🔘 Technical Features
1. Sharding Technology: The network is divided into multiple shards for parallel transaction processing, significantly improving throughput and scalability. Nodes handle partial transactions, reducing hardware requirements.
2. Proof of Stake (PoS) consensus mechanism: Ensures network security and decentralization, allowing users to stake NEAR tokens to participate in validation and earn rewards.
3. User-Friendly Experience: Provides human-readable account names (e.g., yourname.near), supports gasless transaction models, reducing usage costs.
4. Cross-Chain Interoperability: Interoperates with blockchains like Ethereum through the Rainbow Bridge, expanding application scenarios.
🔘 Token Economics
Initial supply of 1 billion tokens, allocated as follows:
1. Core Team: 14%
2. Supporters: 23.7%
3. Community Sale: 12%
4. Early Ecosystem: 11.7%
5. Foundation: 10%
6. Operational Grants: 11.4%
7. Community Grants: 17.2%
🔘 Financing Information
1. July 2019: Completed $12.1 million financing, co-led by Accomplice and MetaStable Capital.
2. May 2020: Completed $21.6 million financing, led by a16z.
3. January 2022: Secured $150 million financing, led by Three Arrows Capital.
4. April 2022: Completed $350 million financing, led by Tiger Global.
🔘 Future Outlook
NEAR plans to optimize sharding technology, expand cross-chain capabilities, and attract more developers and users. With innovative technology and developer tools, it provides high-performance, low-cost infrastructure for decentralized applications, aiming to become the core infrastructure in the Web3 space, promoting the popularization of decentralized applications and the innovation of the next generation of the internet.