Near was created to operate faster and cheaper than Ethereum. It achieves its high transaction speed and capacity through a process called “sharding,” which breaks the blockchain into subchains that are operated on by different validators and get regularly connected to each other.
Other assets recently added to Coinbase's roadmap include Celer Network's CELR, an Ethereum ERC-20 token; and Raydium's RAY, an SPL token on the Solana network.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.