Compare Algorand vs NEAR
Open in ChatGPTAlgorand vs NEAR Scalability
Real-time TPS (1H)
Algorand TPS is 1.37X higher than NEAR TPS
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 1.38X higher than NEAR max TPS
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 99.06% lower than NEAR max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 1.37X higher than NEAR transaction volume
Data from Chainspect
Block Time (1H)
Algorand block time is 4.65X longer than NEAR block time
Data from Chainspect
Finality
Algorand finality is 100% shorter than NEAR finality
Data from Chainspect
Type
Algorand and NEAR are both layer 1 blockchains
Data from Chainspect
Total Transactions (All time)
Algorand has 36.07% fewer total transactions than NEAR
Data from Chainspect
Launch Date
Algorand was launched 11 months before NEAR
Data from Chainspect
Algorand vs NEAR Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 1.44X higher than NEAR Nakamoto Coefficient
Data from Chainspect
Validators
Algorand has 3.58X more validators than NEAR
Data from Chainspect
Stake
Algorand stake is 68.21% lower than NEAR stake
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while NEAR is PoS
Data from Chainspect
Governance
Algorand on-chain governance is better than NEAR council governance
Data from Chainspect
Algorand vs NEAR Developer Activity
Developers
Algorand has 55.27% fewer developers than NEAR
Data from Chainspect
Commits
Algorand has 47.09% fewer commits than NEAR
Data from Chainspect
Repos
Algorand has 23.24% fewer repos than NEAR
Data from Chainspect
Stars
Algorand has 49.35% fewer stars than NEAR
Data from Chainspect
Watchers
Algorand has 36.98% fewer watchers than NEAR
Data from Chainspect
Algorand vs NEAR Financials New
Chain Revenue
Algorand chain revenue is 83.49% lower than NEAR chain revenue
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is 87% lower than NEAR average transaction fee
Data from Chainspect
Market Cap
Algorand market cap is 43.87% lower than NEAR market cap
Data from Chainspect
FDV
Algorand FDV is 36.94% lower than NEAR FDV
Data from Chainspect
Market Cap / FDV
Algorand Market Cap to FDV ratio is 10.98% lower than NEAR Market Cap to FDV ratio
Data from Chainspect
Price
Algorand price is 91.85% lower than NEAR price
Data from Chainspect
Algorand vs NEAR Real-time TPS Chart
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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.