NEAR Protocol (NEAR) And Its Unique Consensus Mechanism
Blockchain Power Unlocking: Deep Diving in almost protocol (close)
Blockchain Technology World has been rapidly evolving in recent years, and new players seem to challenge traditional cryptocurrencies. Among these newcomers is the close application of the protocol (DAPP) based on the mechanism of behavior of consciousness (POS). In this article, we will take into account the almost unique characteristics and benefits of the protocol, studying how its innovative unanimous model disrupted the cryptocurrency landscape.
What is close to the protocol?
Near the protocol is a fast, safe and adapted blockchain platform that allows you to develop decentralized programs (DAPP). The project was aimed at creating Ethan Beardworth, Alex Zhang and Stefen Chen in 2018 to create more efficient and used alternatives to existing blockchain platforms. Near the protocol’s native marker, USD, is its main currency, used for operation fees, voting with management and other purposes.
Consensus Mechanism: Behavioral Evidence (POS)
The mechanism of consensus is based on promotional evidence (POS), a smaller alternative to energy consumption for traditional work evidence (POW). POS includes approvalrs who have a certain amount of chips as a “pillar” rather than powerful computers to solve complex mathematical problems. This approach requires the inspectors to have a considerable amount of chips, making it more accessible and useful to developers who can provide their knowledge.
The middle protocol algorithm is for energy efficient, transformed and safe. This uses a unique architecture that allows:
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Reduced power consumption : POS eliminates the need for powerful computers to solve complex mathematical problems by significantly reducing power consumption.
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Improved scaling
: Near the protocol’s unified algorithm, compared to traditional blockchain platforms, you can perform surgery time and greater bandwidth faster.
Unique Protocol properties
In addition to its innovative mechanism of consensus near the protocol, there are some other unique functions that distinguish it from other cryptocurrencies:
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Decentralized control : Near the protocol management model, transparent, engaging and decentralized, allowing marker holders to participate in decision -making.
The advantages of the use of protocol
The use of the middle protocol provides several benefits to developers, investors and users:
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Security : Near the protocol, the innovative uniform mechanism of unity provides a stable security system to protect consumer assets.
Conclusion
Near the protocol is an important novelty of the cryptocurrency world, offering a unique combination of energy efficiency, scale and security. The mechanism of evidence of her consensus disrupted the traditional Blockchain landscape, giving creators a more accessible and pleasant way to create decentralized programs.