Near is a Proof-of-Stake blockchain, a decentralized development platform designed to provide an ideal environment for Daps, overcoming some of the limitations of competing systems (for example, low bandwidth, low speed and poor cross-compatibility). In addition, according to the creators, the application on Near can be launched in 5 minutes.

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As of today, NEAR is one of the most used blockchain by DAAs (daily active addresses), surpassing the likes of Ethereum, Bitcoin, and more.
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