In-Depth Analysis of Star Public Chain NEAR: Ethereum Killer or Just Another One of Many?
Looking at the most important events in the 2020 blockchain industry, aside from BTC halving, nothing compares to the major breakthrough of Layer 1 this year: ETH 2.0 upgrade, Polkadot, NEAR and others going live on mainnet. Constrained by the current poor performance and high costs of Layer 1, many projects that raised funds in 2017-2018 have been unable to land, let alone achieve commercial closure; the high threshold for infrastructure use and poor user experience have caused blockchain applications to shut out most real users.