Algorand vs NEAR

Algorand vs NEAR Scalability

Real-time TPS

Chainspect

Algorand TPS is 88.46% lower than NEAR TPS

Algorand logo
6.19 tx/s
NEAR logo
53.65 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 1.38X higher than NEAR max TPS

Algorand logo
5,716 tx/s
NEAR logo
4,135 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 41.35% lower than NEAR max theoretical TPS

Algorand logo
9,384 tx/s
NEAR logo
16,000 tx/s

Transaction Volume

Chainspect

Algorand transaction volume is 88.46% lower than NEAR transaction volume

Algorand logo
22,277 txns
NEAR logo
193,133 txns

Block Time

Chainspect

Algorand block time is 4.66X longer than NEAR block time

Algorand logo
2.79s
NEAR logo
0.6s

Finality

Chainspect

Algorand finality is 100% shorter than NEAR finality

Algorand logo
0s
NEAR logo
0.6s

Type

Chainspect

Algorand and NEAR are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
NEAR logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 11 months before NEAR

Algorand logo
Jun 12, 2019
NEAR logo
Apr 22, 2020

Algorand vs NEAR Decentralization

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 1.2X higher than NEAR Nakamoto Coefficient

Algorand logo
12
NEAR logo
10

Validators

Chainspect

Algorand has 5.95X more validators than NEAR

Algorand logo
1,867
NEAR logo
314

Stake

Chainspect

Algorand stake is 70.01% lower than NEAR stake

Algorand logo
$466M
NEAR logo
$1.554B

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while NEAR is PoS

Algorand logo
Pure Proof of Stake
NEAR logo
Proof of Stake (PoS)

Governance

Chainspect

Algorand on-chain governance is better than NEAR council governance

Algorand logo
On-chain
NEAR logo
Council

Algorand vs NEAR Developer Activity New

Developers

Chainspect

Algorand has 53.39% fewer developers than NEAR

Algorand logo
536
NEAR logo
1,150

Repos

Chainspect

Algorand has 24.17% fewer repos than NEAR

Algorand logo
160
NEAR logo
211

Commits

Chainspect

Algorand has 51.81% fewer commits than NEAR

Algorand logo
35,276
NEAR logo
73,211

Stars

Chainspect

Algorand has 46.87% fewer stars than NEAR

Algorand logo
5,059
NEAR logo
9,523

Watchers

Chainspect

Algorand has 36.66% fewer watchers than NEAR

Algorand logo
981
NEAR logo
1,549

Algorand vs NEAR Real-Time TPS Chart

Loading Data

Other 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.

Blockchains Socials

Algorand Socials

NEAR Socials