Pantera, Coinbase, Multicoin back firm claiming to have built ‘highly scalable’ blockchain with tried-and-tested sharding solution

Blockchain building firm NEAR backed by Coinbase Ventures, Pantera, and Multicoin has closed a $12.1 million Series A funding round. The public proof of stake blockchain network is taking aim at Ethereum ($ETH) hoping to supplant its developer base through its 'theoretically limitless' sharding solution.

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