Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.The Near protocol is part of a new generation of blockchains such as Cardano, Solana and Polkadot that are using novel approaches to improving the “tradeoff between scalability, decentralization and security,” Bank of America said in a research report Tuesday.
“mitigates common scaling issues related to increasing centralization due to pooling and decreasing security due to poorly aligned incentives.”“Over the longer term, we expect blockchains that prioritize usability and effectively market themselves to gain market share by attracting a robust and diverse ecosystem of applications that drives adoption, network effects and cash flows,” analysts Alkesh Shah and Andrew Moss wrote.
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