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Near Protocol Surpasses 10 Million Accounts Created

Twitter icon  •  Published 3 years ago on May 16, 2022  •  Hassan Maishera

The NEAR Protocol team announced in a tweet on Friday that the total accounts created on its network have now surpassed 10 million.

Near Protocol Surpasses 10 Million Accounts Created

The NEAR Protocol team announced in a tweet on Friday that the total accounts created on its network have now surpassed 10 million. This milestone brings NEAR one step closer to creating a decentralized planet where everyone can create, interact, and thrive, the team added. 

NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilizes fees.

NEAR is trading at $6.677 up by 4% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.