What is NEAR?
NEAR is an L1 blockchain that uses Nightshade, a unique segmentation technology, to achieve scalability. It was launched in 2020 as a decentralized cloud infrastructure to host decentralized applications (DApps).
NEAR offers interconnectivity through Rainbow Bridge and the L2 Aurora solution. Users can transfer ERC-20 tokens and assets from Ethereum to NEAR, giving them access to higher bandwidth and lower transaction fees.
Aurora is an L2 blockchain, the Ethereum Virtual …