What type of transactions can be done on near ?
Near is a decentralized application platform that enables developers to build and deploy applications on the blockchain.
It allows users to securely store, transfer, and manage digital assets. Near transactions are powered by the NEAR Protocol, which is a sharded Proof-of-Stake blockchain. This protocol enables fast and secure transactions with low fees.
The Near platform supports a variety of different types of transactions, including: • Transferring funds: Users can send and receive funds from other users or wallets on the Near network. • Creating smart contracts: Developers can create and deploy smart contracts on the Near network for various use cases such as token issuance, asset management, and more. • Staking: Users can stake their tokens to earn rewards for validating blocks on the network.
• Trading: Users can trade tokens on decentralized exchanges built on the Near network. • Governance: Users can participate in governance decisions by voting on proposals submitted by other users or developers.
