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NEAR is a public, sharded, proof-of-stake, layer-one blockchain designed as a community-run cloud computing platform. It’s built to be infinitely scalable, super secure, and incredibly simple to use, aiming to foster an Open Web world where individuals have control over their assets, data, and governance power. NEAR uses a unique scaling mechanism called Nightshade sharding, making it especially easy to onboard new users through features like named accounts. It’s a highly scalable, low-cost platform for developers to create decentralized apps, aiming to eliminate some limitations seen in competing blockchains such as low transaction speeds, low throughput, and poor interoperability. It’s designed to provide the best possible experience for both developers and users, bridging the gap to mainstream adoption of decentralized applications and the broader Web3 ecosystem.