NEAR Protocol explained: how sharding and 2.5 percent staking work

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.NEAR Protocol is a layer-1 blockchain that spreads its work across sections running in parallel and is secured by stakes. What the NEAR token does, how staking and custody work and what to check before you buy.Add as a preferred source on GoogleFollow on Google NewsNEAR Protocol is a standalone first-layer blockchain that splits its work across several sections running in parallel and is secured by stakes of its own coin. The matching currency is also called NEAR, and it pays for transactions, storage and the operators of the network. How the price behaves alongside that is tracked continuously in our NEAR forecast. This text explains the architecture, the purpose of the coin and the points where a holder has to decide something themselves. Every figure carries a date, because on a living network they change. NEAR Protocol at a glance: first layer, sharding and proof of stake The developer documentation describes NEAR as a layer-1 blockchain that works in a split manner and is s...