Arbitrum vs NEAR

Real-time TPS

Arbitrum TPS is 71.41% less than NEAR TPS

21.27 tx/s

74.4 tx/s

Max TPS (100 blocks)

Arbitrum max TPS is 68.41% less than NEAR max TPS

1,105 tx/s

3,499 tx/s

Max Theoretical TPS

Arbitrum max theoretical TPS is 3.33X more than NEAR max theoretical TPS

40,000 tx/s

12,000 tx/s

Block Time

Arbitrum block time is 77.51% less than NEAR block time

0.25s

1.12s

Finality

Arbitrum finality is 480X more than NEAR finality

16m

Type

Arbitrum is a layer 2 blockchain, while NEAR is a layer 1 blockchain

Layer 2 blockchain

Layer 1 blockchain

Governance

Arbitrum on-chain governance is better than NEAR council governance

On-chain

Council

Launch Date

Arbitrum was launched 1 year after NEAR

Aug 31, 2021

Apr 22, 2020

Arbitrum vs NEAR Real-Time TPS Chart

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About Blockchains

About Arbitrum

Arbitrum serves as a Layer 2 scaling solution for Ethereum, leveraging rollups to significantly boost scalability and reduce transaction costs while maintaining robust security. It enables developers to execute EVM-compatible smart contracts with a substantially higher transaction throughput and lower fees compared to Ethereum's main chain, making it a compelling platform for decentralized application development.

About NEAR

NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains.