Real-time TPS
Chainspect
NEAR TPS is 5.76X more than Arbitrum TPS
89.29 tx/s
15.49 tx/s
Max TPS (100 blocks)
Chainspect
NEAR max TPS is 3.17X more than Arbitrum max TPS
3,499 tx/s
1,105 tx/s
Max Theoretical TPS
Chainspect
NEAR max theoretical TPS is 70% less than Arbitrum max theoretical TPS
12,000 tx/s
40,000 tx/s
Block Time
Chainspect
NEAR block time is 4.48X more than Arbitrum block time
1.12s
0.25s
Finality
Chainspect
NEAR finality is 99.79% less than Arbitrum finality
2s
16m
Type
Chainspect
NEAR is a layer 1 blockchain, while Arbitrum is a layer 2 blockchain
Layer 1 blockchain
Layer 2 blockchain
Governance
Chainspect
NEAR council governance is worse than Arbitrum on-chain governance
Council
On-chain
Launch Date
Chainspect
NEAR was launched 1 year before Arbitrum
Apr 22, 2020
Aug 31, 2021
NEAR vs Arbitrum 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 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.