What is NEAR Protocol? | A Comprehensive Overview & Future Prospects
The Defiant - DeFi Podcast
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Value of Low Transaction Fees in Blockchain Adoption
Switching from high-fee processors like Stripe to using blockchain technologies like near can drastically reduce transaction costs from 30 cents to a fraction of a cent. This move appeals to millions of users who may not even realize they are using blockchain, highlighting the importance of low fees in encouraging adoption of blockchain technology for mass-market applications like DeFi and NFTs. By prioritizing technology, low fees, and user experience, near has been able to power top Web 3 apps with high daily active users, showcasing the significant impact of low transaction fees in driving mass adoption of blockchain technology.
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