NEAR Protocol Roadmap and why we cheer Near Ecosystem.

NEAR Protocol Roadmap

Since the project's inception in late 2018, NEAR has been undergoing rapid development. NEAR began rolling out its primary net in April 2020, after various test nets in 2019. MainNet POA, MainNet (Restricted), and MainNet Community Governed were the three stages.

Onboarding validators and network members were the emphasis of the MainNet POA. Staking was disabled, and token transfers were restricted to the NEAR Foundation. Staking was enabled in MainNet POA, but token transfers were not. The first NEAR vote was also held to determine when the final version of the main net would be launched.

On October 13th, the NEAR community elected to launch the unconstrained MainNet. NEAR is currently in the process of giving over full management of the blockchain to NEAR token holders, as previously stated. The NEAR team is hoping to add a few more features during this "Post Mainnet" period.

Although many of these are technical, the NEAR whitepaper also mentions more ambitious development goals in the future. Three of these are noteworthy. To enable for private transactions on the NEAR blockchain, the first step is to add zero-knowledge technologies such as Zcash.

Private shards are the second possible addition to NEAR. This would allow specific groups or entities to benefit from the NEAR blockchain's security and speed while keeping their operations hidden from the rest of the network.

The addition of mobile nodes to NEAR is the final conceivable addition worth mentioning. Phones have long been used to power blockchains, but this technology has been restricted by bad mobile internet connections and weak phone hardware.

NEAR co-founder Alexander Skidanov, on the other hand, has been thinking about mobile integration since the project began. Realistically, by the time mobile phones and networks are efficient enough, the NEAR community will have to vote on whether or not to add this function.

Why do we support NEAR?

The NEAR Protocol has a lot of advantages. It has a strong team, a large amount of funding, and a large network of bitcoin pals, all of which have helped NEAR capitalise on the first two facts. There is only one thing it hasn't done yet, and that's a crucial part of becoming a successful cryptocurrency project: generate hype.

NEAR has foregone marketing in favour of development in order to keep up with other smart contract cryptocurrencies in the sector. This places it in the same category as other extremely potential cryptocurrency ideas like Loopring, which have gone unnoticed because to a lack of publicity. To be fair, it has paid off, as NEAR currently has some of the most impressive statistics of any cryptocurrency blockchain.

NEAR has foregone marketing in favour of development in order to keep up with other smart contract cryptocurrencies in the sector. This places it in the same category as other extremely potential cryptocurrency ideas like Loopring, which have gone unnoticed because to a lack of publicity. To be fair, it has paid off, as NEAR currently has some of the most impressive statistics of any cryptocurrency blockchain.