3min chapter

The Defiant - DeFi Podcast cover image

What is NEAR Protocol? | A Comprehensive Overview & Future Prospects

The Defiant - DeFi Podcast

CHAPTER

Consensus Mechanism and Role of NEAR Token

This chapter explores the BFT consensus mechanism of NEAR Protocol, focusing on its pipelining process and fast finality. It also delves into the role of the NEAR token in the ecosystem, including its use for staking, gas fees, and storage staking.

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