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What is a Near Protocol Blockchain?
It is a new public chain that aims to resolve the problem of sharing bandwidth between users and telecom providers. Near Protocol provides a solution that allows users to share and utilize their idle bandwidth through blockchain technologies. In addition, the Protocol offers a way to improve the payment transaction experience. It is a blockchain-based ecosystem that includes a next-generation DApp platform and a private chain with high throughput. Near Protocol will create the foundation for blockchain technology in the telecom industry.
How does Near Protocol work?
Near Protocol aims to resolve the problem of sharing bandwidth between users and telecom providers by using blockchain technology. In addition, the Protocol also provides a solution that enables a better payment transaction experience. Through the development of Near Protocol, we will work towards improving the ecosystem of blockchain technology in the telecom field.
Near Protocol’s Distinguishing Characteristics:
Sharding strategy, Censorship-resistant Protocol, Private chain with the fastest transaction speed, Distributed file storage, DApp platform, Providing payment solution on near Protocol, Anti-fraud platform, Low transaction cost, Integrating with telecom infrastructure, Advanced APIs.
Resources
Author
Author: Amir
Twitter: @amir007_eth
Discord: amir007#3941
Special Thanks
Flipsidecrypto
Near Protocol
Transactions on NEAR
On the left:
The number of successful transactions made in the last 10 days on NEAR with Flow, Avalanche and Osmosis networks are shown. Near has not reached the level of Flow, but it has passed two famous networks, Avalanche and Osmosis. It shows the strength of NEAR's ecosystem and features that have attracted users.
On the right:
As we know, the Solana network is sometimes disrupted and out of reach. In fact, it is not stable! The success rates of transactions in both networks have been compared. Unfortunately, NEAR has had a large number of failed transactions and must find a solution to optimize the transactions.
New Wallets
New wallets
In the table you can see the list of different days and the ==growth of new users== who made the first transaction on NEAR. The amount of changes have been determined for the previous day, which is positive in some and negative in others.
New wallets 1
On November ==3rd and 7th==, over ==1,100 users== (new wallets that made the first transaction on NEAR) have been added to the NEAR network.
New wallets 3
The growth rate of users is available daily and cumulatively in the linear graph. The rate of change in the ==growth of the number of users== (==orange line==) is not above the chart and ==is not positive every day==.
Favorite methods!
The 10 most used methods are listed in order of the percentage of their use by new users. ==Mint NFT== has been used the most with around 57% and ==tarnsfer== with around 12%. Considering that the NFT mint has been the most used among new users, are there traces of hunters!
It may be an unbelievable statistic, but it can be seen in the history of crypto,
multi wallets and even robots that are provided for this purpose.
We hope that this is not the case and that a high percentage of wallets are valid.
> Part of the NEAR’s mission has been to foster an ecosystem that can build and maintain the core components of a rich and vibrant Web3 ecosystem.
Block Performance
The average time between each block in NEAR is worse than Flow. In the graph of the number of transactions, Flow has almost twice its NEAR tract, while the average time interval between two blocks is close to NEAR!
Of course, ==many factors== are involved in it.
But by Flipsidecrypto, we try to provide the best and most accurate statistics in data analysis.
> Evaluating performance fairly and accurately is difficult. This is equally true for measuring the performance of a car. Just like with blockchains, different people will care about different things. With cars, some users will care about top-speed or acceleration, others about gas mileage and still others about towing capacity. All of these are non-trivial to evaluate. In the US, for example, the Environmental Protection Agency maintains detailed guidelines just for how gas mileage is evaluated as well as how it must be presented to users at a dealership. > > https://a16zcrypto.com/why-blockchain-performance-is-hard-to-measure
NEAR price and the most used tokens in SWAPs
NEAR regression to BTC
After November ==2nd to November 5th==, NEAR token has been swimming against btc! Its divergence has happened in terms of price, but it has returned to its path and has maintained its regression towards btc. In any case, Bitcoin reigns as the king of digital currencies, and sometimes some tokens behave against it.
In the table below, you can see and compare the percentage of changes compared to the previous day regarding the prices of ==NEAR and BTC==.
Delicious tokens on the NEAR network!
We all think that the government token has the most transactions on its own network, but the ==WOO== token has been in the news more than the ==NEAR== token, the origin and destination of many SWAPs in ==10 days==! After checking, we found out new news:
> NEAR Foundation and WOO Network Complete $5 Million Token Swap To Create a Strategic Partnership Between Ecosystems
Therefore, the reason for the obtained statistics was determined.
After them, we may enter the ==USDT== token. It is natural that stablecoins play their own role in different networks!
Yes, you got it right. ==USDC== and ==DAI== are also present. All of them are useful to control the extreme fluctuations of token prices and preserve traders' capital.
Conclusion
The NEAR protocol has tried to attract investors with a new writing. The NEAR team has achieved good statistics in a short period of time considering its fierce competitors. Near Protocol is an innovative solution that combines telecommunication infrastructure, blockchain technology and a new generation communication network to create and develop future telecommunication industries.
According to the statistics of the defillama.com website, on ==August 21, 2021==, the NEAR channel recorded a TVL amount of about ==$2376==.
That figure has reached nearly ==half a billion dollars== in ==May 2022==, and in the last few days, its total TVL is above ==$100 million==.
Although it is considered low compared to the famous TVL networks, but with the expansion of the NEAR ecosystem and ideas specific to that network, a bright future can be imagined for it.
In an article titled "==The Near Path to Decentralization==" published on the ==official NEAR blog== on ==March 3, 2022== by the NEAR team, they state their goal of achieving ==decentralization==.
Part of this article:
> Growth is not optional > As the NEAR protocol continues to grow with a continued emphasis on true decentralization, this represents a milestone toward its ultimate goals, but only the beginning of an exciting journey ahead. As we quickly approach the second quarter of 2022, the NEAR Foundation has already demonstrated its ability to plan and deliver its overall roadmap to decentralize the organization and truly invest in nurturing a growing validation community and a better overall user experience than Web3 has shown.
https://near.org/blog/near-foundation-decentralization-roadmap
As seen, the ==NEAR team== has big ideas and goals and follows the path with careful planning. As a separate protocol, they try to reach the real ==Web3== and try to converge different communities on the NEAR network. NEAR We are waiting for more good news from you!
Methodology (How To Do)
NEAR tables were used in ==Flipsidecrypto==.
By default, the ==last 10 days== are checked, but it is possible to select the type of time period (==hour, day, week, month and year==) at the top of this page.
We tried to weigh different things with different news. In fact, we tried to find the reason for any special point we saw in the charts. Fortunately, we found relevant information and news and included them in different sections.
It has been tried to write useful and necessary quotes.