Challenge 1
The NEAR network had been launched just two months before we started work on
OFP’s technical architecture and functionalities, therefore the main challenge
that we faced was the risk of adopting a new technology that was largely
untested, with a limited tech inventory and the ongoing development of basic
capabilities, which were a must-have for the OFP to function as intended.
Despite these initial concerns, what NEAR had already developed was promising,
we trusted the team, and the sustainability of the blockchain due to its
proof-of-stake consensus mechanism was definitely a perfect match for the Open
Forest Protocol. What’s more, it was (and still is) fast for transaction
processing, and affordable in terms of network fees.