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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You might hear buzzwords like interoperability, chain abstraction, and data availability – but let's unwrap the meaning: NEAR is making crypto as user-friendly as a Christmas cookie recipe. 

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