Blockchains that can run smart contracts aren’t anything new. They’ve been around since 2015 with the launch of the Ethereum mainnet, and there are now more than a dozen similar platforms operating today.
But despite the rapidly growing demand for decentralized applications (dapps), and the elaboration of increasingly elaborate and capable dapps, several major friction points still limit their adoption.
Decentralized applications, or dapps, are applications that run on top of a decentralized blockchain—like Ethereum or NEAR Protocol.
NEAR is a newcomer that looks to address the limitations of older systems through a community-governed sharded blockchain platform with interoperability and scalability at its core.
What is Near Protocol?
NEAR is a decentralized development platform designed to provide the ideal environment for dapps by overcoming some of the limitations of competing systems—such as low throughput, low speeds, and poor cross-compatibility.
It operates on top of the NEA
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