Algorand vs NEAR Scalability
Real-time TPS
Algorand TPS is 85.15% lower than NEAR TPS
Max TPS (100 blocks)
Algorand max TPS is 1.38X higher than NEAR max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 41.35% lower than NEAR max theoretical TPS
Transaction Volume
Algorand transaction volume is 85.15% lower than NEAR transaction volume
Block Time
Algorand block time is 4.71X longer than NEAR block time
Finality
Algorand finality is 100% shorter than NEAR finality
Type
Algorand and NEAR are both layer 1 blockchains
Launch Date
Algorand was launched 11 months before NEAR
Algorand vs NEAR Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 1.2X higher than NEAR Nakamoto Coefficient
Validators
Algorand has 5.95X more validators than NEAR
Stake
Algorand stake is 66.09% lower than NEAR stake
Consensus Mechanism
Algorand is Pure Proof of Stake, while NEAR is PoS
Governance
Algorand on-chain governance is better than NEAR council governance
Algorand vs NEAR Real-Time TPS Chart
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Other Comparisons
Algorand 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.