Real-time TPS
Algorand TPS is 78.89% less than NEAR TPS
15.04 tx/s
71.26 tx/s
Max Recorded TPS
Algorand max TPS is 1.63X more than NEAR max TPS
5,716 tx/s
3,499 tx/s
Max Theoretical TPS
Algorand max theoretical TPS is 21.8% less than NEAR max theoretical TPS
9,384 tx/s
12,000 tx/s
Block Time
Algorand block time is 2.51X more than NEAR block time
2.78s
1.11s
Finality
Algorand finality is 100% less than NEAR finality
0s
2s
Type
Algorand and NEAR are both layer 1 blockchains
Layer 1 blockchain
Layer 1 blockchain
Governance
Algorand on-chain governance is better than NEAR council governance
On-chain
Council
Launch Date
Algorand was launched 11 months before NEAR
Jun 12, 2019
Apr 22, 2020
Algorand vs NEAR Real-Time TPS Chart
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Other Comparisons
Algorand Comparisons
NEAR Comparisons
About Blockchains
About Algorand
Algorand emerges as a blockchain platform committed to fostering transparency and enabling the growth of decentralized projects and applications. Operating as a public, decentralized blockchain, it leverages a Pure Proof-of-Stake (PPoS) consensus mechanism to uphold network security, efficiency, and decentralization. Powered by the Algorand Consensus Algorithm, the network employs a combination of cryptographic techniques and random selection to attain consensus, effectively addressing the constraints of traditional consensus mechanisms.
About NEAR
NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains.