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.