NEAR Protocol vs Credits
What problem does this service solve?
| NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications | Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes. |
Token Stats
Company Description
NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues. | Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees. |
