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Near Protocol

Apr 8, 2022 | Tools

Layer 1 blockchain network Near Protocol announced a $350 million round led by FTX Ventures, Dragonfly Capital, and others. This is on top of the $150 million Near raised in January. Launched in May 2020, Near offers a proof-of-stake consensus mechanism, a scaling technology called “sharding,” and a unique block-producing implementation that boosts blockchain network throughput.

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