Near Protocol (NEAR/USDT)

The NEAR white paper details the NEAR Protocol, a decentralized application platform designed to build a more open and secure web. It uses blockchain technology to create a community-run cloud where developers can build applications that secure sensitive data like money and identity. The paper describes the technical architecture of NEAR, including sharding, consensus mechanisms, and the Nightshade protocol. It also outlines the economic model of the NEAR ecosystem, which uses the NEAR token to incentivize participation and reward developers. The paper concludes by examining the potential use cases for NEAR, including the creation of permissionless markets, derivative assets, and open state components.