NEAR vs Algorand Scalability
Real-time TPS
NEAR TPS is 14X higher than Algorand TPS
Max TPS (100 blocks)
NEAR max TPS is 27.65% lower than Algorand max TPS
Max Theoretical TPS
NEAR max theoretical TPS is 1.71X higher than Algorand max theoretical TPS
Transaction Volume
NEAR transaction volume is 14X higher than Algorand transaction volume
Block Time
NEAR block time is 77.98% shorter than Algorand block time
Finality
NEAR finality is 100% longer than Algorand finality
Type
NEAR and Algorand are both layer 1 blockchains
Launch Date
NEAR was launched 11 months after Algorand
NEAR vs Algorand Decentralization New
Nakamoto Coefficient
NEAR Nakamoto Coefficient is 16.66% lower than Algorand Nakamoto Coefficient
Validators
NEAR has 83.18% fewer validators than Algorand
Stake
NEAR stake is 2.95X higher than Algorand stake
Consensus Mechanism
NEAR is PoS, while Algorand is Pure Proof of Stake
Governance
NEAR council governance is worse than Algorand on-chain governance
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.