What is NEAR Protocol

NEAR Protocol (NEAR) is a community-run cloud computing platform and Ethereum competitor that focuses on developer and user-friendliness. NEAR protocol eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. Near is an ideal environment for DApps (decentralized applications). For example, NEAR introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.” You can safely and reliably buy and sell NEAR on LiteBit.