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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Hi all!

Here is a deep dive from Illia Polosukhin on Chain Abstraction, covering the tech stack as well as examples of how it will work from a user perspective.

Should be helpful read to understand the framework for what NEAR is doing this year and the next phase of our vision for the ecosystem! ✨

Hi all.