#NEARProtocol Archives - Smart Liquidity Research https://smartliquidity.info/tag/nearprotocol/ Crypto News & Data Space Thu, 01 May 2025 04:04:45 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://smartliquidity.info/wp-content/uploads/2021/03/cropped-512-1-1-32x32.png #NEARProtocol Archives - Smart Liquidity Research https://smartliquidity.info/tag/nearprotocol/ 32 32 What DApps Are and How They Differ From Traditional Apps https://smartliquidity.info/2025/05/01/what-dapps-are-and-how-they-differ-from-traditional-apps/ Thu, 01 May 2025 04:04:45 +0000 https://smartliquidity.info/?p=99050 What DApps Are and How They Differ From Traditional Apps? In a world where smartphones dominate our daily interactions, apps have become indispensable. But a new breed of application—DApps, or decentralized applications—is redefining how we think about data ownership, transparency, and trust. While traditional apps run on centralized servers and are controlled by a single […]

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]]> What DApps Are and How They Differ From Traditional Apps? In a world where smartphones dominate our daily interactions, apps have become indispensable. But a new breed of application—DApps, or decentralized applications—is redefining how we think about data ownership, transparency, and trust.

While traditional apps run on centralized servers and are controlled by a single entity (like a tech company), DApps operate on blockchain networks, making them open, transparent, and resistant to censorship.

What Are DApps?

DApps (Decentralized Applications) are software programs that run on a blockchain or peer-to-peer network instead of a centralized server. This means no single person or organization controls the app or its data. Instead, control is distributed across its users.

DApps are usually open-source, governed by smart contracts (self-executing code on the blockchain), and require cryptocurrency (often in the form of tokens) to function.

Key Features of DApps:

  • Decentralization: Operates on a blockchain, removing single points of failure.
  • Transparency: Anyone can view the app’s code and transaction history.
  • Trustless environment: No need for intermediaries—smart contracts handle the logic.
  • Token-based economy: Most DApps use native tokens for governance, rewards, or fees.

How DApps Differ From Traditional Apps

Feature Traditional Apps DApps
Hosting Centralized servers Blockchain networks
Control Single company or owner Community or DAO (Decentralized Autonomous Org)
Security Vulnerable to breaches Secure via cryptography and consensus
Data Ownership Owned by the company Owned by users
Censorship Easily censored or altered Immutable and censorship-resistant

Real-World Examples of DApps

The DApp ecosystem is thriving across industries—finance, gaming, social media, and more.

Here are some leading blockchain platforms and projects that support DApps:

1. Ethereum (ETH)

The pioneer of smart contracts and the most popular platform for DApps. Projects like Uniswap (decentralized exchange), Aave (lending/borrowing), and OpenSea (NFT marketplace) are built on Ethereum.

2. Polygon (MATIC)

A Layer 2 scaling solution for Ethereum that supports faster and cheaper DApps. Popular for NFT games and DeFi protocols.

3. Solana (SOL)

Known for its high-speed and low-fee transactions. DApps like Serum (DEX) and Phantom Wallet thrive on Solana.

4. BNB Chain (formerly Binance Smart Chain)

Offers high throughput for DeFi and gaming DApps. Examples: PancakeSwap, Venus Protocol.

5. Avalanche (AVAX)

A highly scalable and eco-friendly platform hosting DApps like Trader Joe and Yield Yak.

6. Polkadot (DOT)

Supports interoperability between different blockchains and is home to parachain-based DApps like Moonbeam and Acala.

7. NEAR Protocol

Developer-friendly, scalable, and supports a growing ecosystem of DeFi and NFT DApps.

8. Sonic Labs (SONIC)

Fast and cost-efficient, hosting DApps like SpookySwap and Tomb Finance.

Why DApps Matter

As people demand more control over their digital identity, finances, and privacy, DApps offer a powerful alternative. They shift power from centralized corporations to individuals—enabling fairer participation in the digital economy.

Whether you’re trading tokens on a decentralized exchange, earning yield in DeFi, or owning NFTs in a metaverse game, DApps represents the next evolution of the internet—Web3.

📌 Final Thoughts

DApps are not just a tech buzzword—they are transforming how we interact with the digital world. As infrastructure improves and adoption grows, expect to see DApps play a crucial role in reshaping industries from finance to healthcare.

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]]> Multichain Integrates NEAR Protocol https://smartliquidity.info/2022/12/01/multichain-integrates-near-protocol/ Thu, 01 Dec 2022 17:33:44 +0000 https://smartliquidity.info/?p=83598 Multichain Integrates NEAR Protocol, so developers can interact with NEAR seamlessly and freely with 0% cross-chain fee charged. This integration enables USDT, USDC, wBTC, among others, to be bridged between NEAR and 15+ chains, including Ethereum, Polygon, BNB, Arbitrum, and Avalanche, among others. The combined initial liquidity between NEAR side and EVM chains side is currently […]

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]]> Multichain Integrates NEAR Protocol, so developers can interact with NEAR seamlessly and freely with 0% cross-chain fee charged.

This integration enables USDT, USDC, wBTC, among others, to be bridged between NEAR and 15+ chains, including Ethereum, Polygon, BNB, Arbitrum, and Avalanche, among others.

The combined initial liquidity between NEAR side and EVM chains side is currently over $30M, with around 21M USDC, 9.5M USDT, and $200k wBTC. The USDT deployed on NEAR is the native USDT issued by Tether and the USDC deployed is the Rainbow bridge version of USDC. Additionally, the $NEAR token can be transferred between NEAR Protocol and Ethereum. The token addresses on NEAR Protocol are the following:

  • USDC: a0b86991c6218b36c1d19d4a2e9eb0ce3606eb48.factory.bridge.near
  • USDT: usdt.tether-token.near
  • NEAR: mpc-multichain.near
  • wBTC: 2260fac5e5542a773aa44fbcfedf7c193bc2c599.factory.bridge.near
  • AURORA: aaaaaa20d9e0e2461697782ef11675f668207961.factory.bridge.near
  • WOO: 4691937a7508860f876c9c0a2a617e7d9e945d4b.factory.bridge.near

How to Bridge

  1. Follow this link — Multichain cross-chain Router — to access the bridge.
  2. Connect to the specific chain you want to bridge your funds from, ie. Ethereum, BNB, Avalanche, etc.
  3. Select NEAR mainnet as the destination chain and the desired asset, and paste your NEAR address below in the Recipient section.
  4. Approve the asset to be bridged on the EVM chain and click on swap.
  5. Connect your Sender Wallet, which needs to have a small amount of $NEAR to cover some storage costs. We are currently working on a faucet for new users and on adding more wallets.
  6. Now there will be a pop up that asks you to deposit 0.0125 $NEAR as a fee for storage costs. You only need to do this the first time you interact with the bridge from your wallet.
  7. Review and confirm the transfer.

Embark on a fast, secure, and free bridging journey! Please note that free cross-chain travel is only available for one month.

About Multichain

Multichain is a decentralized cross-chain router to address the clear need for distinct and diverse blockchains to communicate with one another.

Multichain promotes interoperability across different networks and actualizes smooth asset and value transfers as a cross-chain architecture. In addition, Multichain also powers the seamless data or message transmission across chains by anyCall, enabling the building of cross-chain Dapps.

Multichain is the leader in the cross-chain sector, with a constantly growing family of EVM and non-EVM chains (currently 76) and deployed bridges (currently 3,000+). Multichain, working hard to push the boundary of multi-chain, envisions being the ultimate router for Web3.

About NEAR

NEAR is a high-performance blockchain building without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, NEAR allows anyone to build at scale and deploy at pace. NEAR’s vision is to create a network that enables people to reimagine finance, creativity, and community in new and inclusive ways. With NEAR, blockchain mass adoption is possible.

Website | Twitter

RESOURCES

https://multichainorg.medium.com/multichain-goes-live-on-near-with-over-30m-in-initial-liquidity-for-cross-chain-interoperability-e65b755a0613

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