Compare NEAR vs Algorand
Open in ChatGPTNEAR vs Algorand Scalability
Real-time TPS (1H)
NEAR TPS is 11.44% lower than Algorand TPS
Data from Chainspect
Max TPS (100 blocks)
NEAR max TPS is 27.65% lower than Algorand max TPS
Data from Chainspect
Max Theoretical TPS
NEAR max theoretical TPS is 107X higher than Algorand max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
NEAR transaction volume is 11.41% lower than Algorand transaction volume
Data from Chainspect
Block Time (1H)
NEAR block time is 77.82% shorter than Algorand block time
Data from Chainspect
Finality
NEAR finality is 100% longer than Algorand finality
Data from Chainspect
Type
NEAR and Algorand are both layer 1 blockchains
Data from Chainspect
Total Transactions (All time)
NEAR has 1.56X more total transactions than Algorand
Data from Chainspect
Launch Date
NEAR was launched 11 months after Algorand
Data from Chainspect
NEAR vs Algorand Decentralization
Nakamoto Coefficient
NEAR Nakamoto Coefficient is 30.76% lower than Algorand Nakamoto Coefficient
Data from Chainspect
Validators
NEAR has 73.43% fewer validators than Algorand
Data from Chainspect
Stake
NEAR stake is 3.89X higher than Algorand stake
Data from Chainspect
Consensus Mechanism
NEAR is PoS, while Algorand is Pure Proof of Stake
Data from Chainspect
Governance
NEAR council governance is worse than Algorand on-chain governance
Data from Chainspect
NEAR vs Algorand Developer Activity
Developers
NEAR has 2.25X more developers than Algorand
Data from Chainspect
Commits
NEAR has 1.85X more commits than Algorand
Data from Chainspect
Repos
NEAR has 1.26X more repos than Algorand
Data from Chainspect
Stars
NEAR has 1.97X more stars than Algorand
Data from Chainspect
Watchers
NEAR has 1.7X more watchers than Algorand
Data from Chainspect
NEAR vs Algorand Financials New
Chain Revenue
NEAR chain revenue is 8.6X higher than Algorand chain revenue
Data from Chainspect
Average Transaction Fee
NEAR average transaction fee is 10X higher than Algorand average transaction fee
Data from Chainspect
Market Cap
NEAR market cap is 1.98X higher than Algorand market cap
Data from Chainspect
FDV
NEAR FDV is 1.76X higher than Algorand FDV
Data from Chainspect
Market Cap / FDV
NEAR Market Cap to FDV ratio is 1.12X higher than Algorand Market Cap to FDV ratio
Data from Chainspect
Price
NEAR price is 14X higher than Algorand price
Data from Chainspect
NEAR vs Algorand Real-time TPS Chart
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About Blockchains
About NEAR
NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all 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.