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Difference between revisions of "NEAR"
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=== Storage === | === Storage === | ||
Any information that is stored on NEAR is accounted for using a mechanism called storage staking. In short, an account must maintain a certain balance that is locked in order to cover the cost of storage. If that storage is released, the funds become available once again. This is why named account IDs on NEAR cost an initial deposit to create. If you attempt to store state on-chain without having the necessary balance in your account to cover the cost, an error will be thrown which will tell you to add more NEAR to your account. | Any information that is stored on NEAR is accounted for using a mechanism called storage staking. In short, an account must maintain a certain balance that is locked in order to cover the cost of storage. If that storage is released, the funds become available once again. This is why named account IDs on NEAR cost an initial deposit to create. If you attempt to store state on-chain without having the necessary balance in your account to cover the cost, an error will be thrown which will tell you to add more NEAR to your account.<ref>https://docs.near.org/docs/concepts/new-to-near</ref> | ||
== NEAR Foundation == | == NEAR Foundation == | ||
The [https://near.foundation/ NEAR Foundation] was created in 2019 to help steward and develop the NEAR ecosystem. They describe themselves by saying "Our purpose is to enable community-driven innovation to benefit people around the world.” | The [https://near.foundation/ NEAR Foundation] was created in 2019 to help steward and develop the NEAR ecosystem. They describe themselves by saying "Our purpose is to enable community-driven innovation to benefit people around the world.” | ||
[[Category:Layer 1]] | [[Category:Layer 1]] | ||