NEAR Protocol (NEAR) vs WhiteBIT Coin (WBT)

NEAR Protocol, more commonly abbreviated as Near, is a layer 1 blockchain operating on a Proof of Stake (PoS) mechanism. The technological infrastructure of Near uses an innovative sharding method called Nightshade, which enhances transaction processing capacity and network scalability. Developers can create and deploy smart contracts using familiar programming languages, and the Aurora tool allows them to have full compatibility with Ethereum.

The WhiteBIT Coin, or WBT, is the native cryptocurrency of WhiteBIT, a centralized cryptocurrency exchange launched in 2018 and headquartered in Lithuania. The WBT offers a range of benefits and bonuses to holders and users of the platform, including discounts on fees and access to the launchpad.