NEAR is engineered to be a solid, scalable Layer 1 that enjoys the perks of an Ethereum Layer 2 blockchain. It combines a lightning-fast transaction time with a record-low transaction cost. This incredible feat of technology is realized through NEAR’s cutting-edge sharding architecture, which allows the protocol to infinitely scale without sacrificing any of its L2 characteristics. Leading custody providers, wallets, and applications are integrating with the NEAR network. Above 1M accounts have been created, 100+ Guilds & DAOs, and more than 83k community members are contributing. Near offers developers a holistic, well-rounded EVM that executes code in practically every language within the Wasm. Aurora equally provides tools such as SDKs and APIs to give developers the ability to accelerate the creation of their solutions with incredible ease. NEAR also boasts an unparalleled user experience. Its user-friendly UI design allows you to navigate its website and protocol effortlessly. It is also the first blockchain to feature human-readable account names, thus eliminating the ambiguity that has always surrounded the old nomenclature. Finally, NEAR offers great opportunities for you to start building on its blockchain. The foundation provides grants all year round (to date, 108 million USD has been distributed). NEAR has also partnered with the Open Web Collective, the biggest startup accelerator in the blockchain space, to offer creators a highway to transition seamlessly to its protocol.
