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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We’ve just kicked off the Encode x @nearhorizon hackathon powered by @NEARdevhub with an awesome launch event!

Join us as we build on @nearprotocol and win prizes from NEAR and hackathon partners @mintbase and @proximityfi !

https://t.co/gWS7b9PE6L

We've just kicked off the Encode x @nearhorizon hackathon powered by @NEARdevhub with an awesome launch event.