Abstract vs NEAR

Abstract vs NEAR Scalability

Real-time TPS

Chainspect

Abstract has no data, while NEAR TPS is 30.01 tx/s

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30.01 tx/s

Max TPS (100 blocks)

Chainspect

Abstract has no data, while NEAR max TPS is 4,135 tx/s

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4,135 tx/s

Max Theoretical TPS

Chainspect

Abstract has no data, while NEAR max theoretical TPS is 16,000 tx/s

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16,000 tx/s

Transaction Volume

Chainspect

Abstract has no data, while NEAR transaction volume is 108,025 txns

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108,025 txns

Block Time

Chainspect

Abstract has no data, while NEAR block time is 0.6s

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0.6s

Finality

Chainspect

Abstract has no data, while NEAR finality is 0.6s

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0.6s

Type

Chainspect

Abstract has no data, while NEAR is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

Abstract has no data, while NEAR was launched on Apr 22, 2020

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Apr 22, 2020

Abstract vs NEAR Decentralization New

Nakamoto Coefficient

Chainspect

Abstract has no data, while NEAR Nakamoto Coefficient is 10

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10

Validators/Miners

Chainspect

Abstract has no data, while NEAR has 320 validators

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320

Stake/Hashrate

Chainspect

Abstract has no data, while NEAR stake is $1.419B

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$1.419B

Consensus Mechanism

Chainspect

Abstract has no data, while NEAR is PoS

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Proof of Stake (PoS)

Governance

Chainspect

Abstract has no data, while NEAR governance is council

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Council

Other Comparisons

About Blockchains

About Abstract

Abstract is a Layer 2 (L2) network built on top of Ethereum, designed to securely power consumer-facing blockchain applications at scale with low fees and fast transaction speeds.

Built on top of the ZK Stack, Abstract is a zero-knowledge (ZK) rollup built to be a more scalable alternative to Ethereum; it achieves this scalability by executing transactions off-chain, batching them together, and verifying batches of transactions on Ethereum using (ZK) proofs.

Abstract is EVM compatible, meaning it looks and feels like Ethereum, but with lower gas fees and higher transaction throughput. Existing smart contracts built for Ethereum will work out of the box on Abstract (with some differences), meaning developers can easily port applications to Abstract with no or minimal changes.

About NEAR

NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains.

Blockchains Socials

Abstract Socials

NEAR Socials