Compare Algorand vs NEAR

Algorand vs NEAR Scalability

Real-time TPS (1H)

Algorand TPS is 81.69% lower than NEAR TPS

Algorand logo
9.13 tx/s
NEAR logo
49.9 tx/s

Data from Chainspect

Max TPS (100 blocks)

Algorand max TPS is 1.38X higher than NEAR max TPS

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

Data from Chainspect

Max Theoretical TPS

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

Data from Chainspect

Transaction Volume (1H)

Algorand transaction volume is 81.69% lower than NEAR transaction volume

Algorand logo
32.9K txns
NEAR logo
180K txns

Data from Chainspect

Block Time (1H)

Algorand block time is 4.69X longer than NEAR block time

Algorand logo
2.83s
NEAR logo
0.6s

Data from Chainspect

Finality

Algorand finality is 100% shorter than NEAR finality

Algorand logo
0s
NEAR logo
0.6s

Data from Chainspect

Type

Algorand and NEAR are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
NEAR logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Algorand has 30.62% fewer total transactions than NEAR

Algorand logo
3.27B txns
NEAR logo
4.72B txns

Data from Chainspect

Launch Date

Algorand was launched 11 months before NEAR

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

Data from Chainspect

Algorand vs NEAR Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is 1.33X higher than NEAR Nakamoto Coefficient

Algorand logo
12
NEAR logo
9

Data from Chainspect

Validators

Algorand has 5.06X more validators than NEAR

Algorand logo
1,828
NEAR logo
361

Data from Chainspect

Stake

Algorand stake is 72.35% lower than NEAR stake

Algorand logo
$362.8M
NEAR logo
$1.312B

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while NEAR is PoS

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

Data from Chainspect

Governance

Algorand on-chain governance is better than NEAR council governance

Algorand logo
On-chain
NEAR logo
Council

Data from Chainspect

Algorand vs NEAR Developer Activity New

Developers

Algorand has 53.66% fewer developers than NEAR

Algorand logo
537
NEAR logo
1,159

Data from Chainspect

Repos

Algorand has 23.22% fewer repos than NEAR

Algorand logo
162
NEAR logo
211

Data from Chainspect

Commits

Algorand has 49.82% fewer commits than NEAR

Algorand logo
36,977
NEAR logo
73,696

Data from Chainspect

Stars

Algorand has 47.13% fewer stars than NEAR

Algorand logo
5,091
NEAR logo
9,631

Data from Chainspect

Watchers

Algorand has 32.27% fewer watchers than NEAR

Algorand logo
919
NEAR logo
1,357

Data from Chainspect

Algorand vs NEAR Real-Time TPS Chart

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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