Bitcoin vs NEAR Scalability
Real-time TPS
Bitcoin TPS is 80.31% lower than NEAR TPS
Max TPS (100 blocks)
Bitcoin max TPS is 99.68% lower than NEAR max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.95% lower than NEAR max theoretical TPS
Transaction Volume
Bitcoin transaction volume is 80.31% lower than NEAR transaction volume
Block Time
Bitcoin block time is 828X longer than NEAR block time
Finality
Bitcoin finality is 6,000X longer than NEAR finality
Type
Bitcoin and NEAR are both layer 1 blockchains
Launch Date
Bitcoin was launched 11 years before NEAR
Bitcoin vs NEAR Decentralization New
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 70% lower than NEAR Nakamoto Coefficient
Validators/Miners
Bitcoin has 70.31% fewer miners than NEAR has validators
Stake/Hashrate
Bitcoin hashrate is 898 EH/s, while NEAR stake is $1.419B
Consensus Mechanism
Bitcoin is PoW, while NEAR is PoS
Governance
Bitcoin off-chain governance is better than NEAR council governance
Bitcoin vs NEAR Real-Time TPS Chart
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Other Comparisons
Bitcoin Comparisons
About Blockchains
About Bitcoin
Bitcoin stands as a leading cryptocurrency and payment network, utilizing peer-to-peer technology to operate without central authorities. It embraces global participation as an open-source platform. A notable advancement in Bitcoin is the introduction of ordinals and inscriptions. Launched in January 2023, the Bitcoin ordinals protocol enables the embedding of digital content like art, text, or video directly onto the Bitcoin blockchain. This innovation allows for the creation of exclusive digital collectibles, giving each satoshi a unique identity and purpose, broadening Bitcoin's utility beyond its role as a store of value.
About NEAR
NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains.