IoTeX vs NEAR

IoTeX vs NEAR Scalability

Real-time TPS

Chainspect

IoTeX TPS is 95.18% lower than NEAR TPS

IoTeX logo
2.58 tx/s
NEAR logo
53.65 tx/s

Max TPS (100 blocks)

Chainspect

IoTeX max TPS is 79.93% lower than NEAR max TPS

IoTeX logo
829.7 tx/s
NEAR logo
4,135 tx/s

Max Theoretical TPS

Chainspect

IoTeX max theoretical TPS is 87.5% lower than NEAR max theoretical TPS

IoTeX logo
2,000 tx/s
NEAR logo
16,000 tx/s

Transaction Volume

Chainspect

IoTeX transaction volume is 95.18% lower than NEAR transaction volume

IoTeX logo
9,298 txns
NEAR logo
193,133 txns

Block Time

Chainspect

IoTeX block time is 4.18X longer than NEAR block time

IoTeX logo
2.5s
NEAR logo
0.6s

Finality

Chainspect

IoTeX finality is 100% shorter than NEAR finality

IoTeX logo
0s
NEAR logo
0.6s

Type

Chainspect

IoTeX and NEAR are both layer 1 blockchains

IoTeX logo
Layer 1 blockchain
NEAR logo
Layer 1 blockchain

Launch Date

Chainspect

IoTeX was launched 1 year before NEAR

IoTeX logo
Apr 22, 2019
NEAR logo
Apr 22, 2020

IoTeX vs NEAR Decentralization

Nakamoto Coefficient

Chainspect

IoTeX Nakamoto Coefficient is 9.99% lower than NEAR Nakamoto Coefficient

IoTeX logo
9
NEAR logo
10

Validators

Chainspect

IoTeX has 77.07% fewer validators than NEAR

IoTeX logo
72
NEAR logo
314

Stake

Chainspect

IoTeX stake is 92.2% lower than NEAR stake

IoTeX logo
$121.1M
NEAR logo
$1.554B

Consensus Mechanism

Chainspect

IoTeX and NEAR are both PoS

IoTeX logo
Proof of Stake (PoS)
NEAR logo
Proof of Stake (PoS)

Governance

Chainspect

IoTeX on-chain governance is better than NEAR council governance

IoTeX logo
On-chain
NEAR logo
Council

IoTeX vs NEAR Developer Activity New

Developers

Chainspect

IoTeX has 67.82% fewer developers than NEAR

IoTeX logo
370
NEAR logo
1,150

Repos

Chainspect

IoTeX has 38.38% fewer repos than NEAR

IoTeX logo
130
NEAR logo
211

Commits

Chainspect

IoTeX has 72.41% fewer commits than NEAR

IoTeX logo
20,194
NEAR logo
73,211

Stars

Chainspect

IoTeX has 72.69% fewer stars than NEAR

IoTeX logo
2,600
NEAR logo
9,523

Watchers

Chainspect

IoTeX has 39.38% fewer watchers than NEAR

IoTeX logo
939
NEAR logo
1,549

IoTeX vs NEAR Real-Time TPS Chart

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Other Comparisons

About Blockchains

About IoTeX

IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.

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

IoTeX Socials

NEAR Socials