NEAR vs Bitcoin Scalability

Real-time TPS (1H)

NEAR TPS is 20.86% lower than Bitcoin TPS

NEAR logo
10.71 tx/s
Bitcoin logo
13.54 tx/s

Data from Chainspect

Max TPS (100 blocks)

NEAR max TPS is 313X higher than Bitcoin max TPS

NEAR logo
4,135 tx/s
Bitcoin logo
13.2 tx/s

Data from Chainspect

Max Theoretical TPS

NEAR max theoretical TPS is 142,857X higher than Bitcoin max theoretical TPS

NEAR logo
1,000,000 tx/s
Bitcoin logo
7 tx/s

Data from Chainspect

Transaction Volume (1H)

NEAR transaction volume is 1.63X higher than Bitcoin transaction volume

NEAR logo
38.6K txns
Bitcoin logo
23.6K txns

Data from Chainspect

Block Time (1H)

NEAR block time is 99.82% shorter than Bitcoin block time

NEAR logo
611ms
Bitcoin logo
5m 49s

Data from Chainspect

Finality

NEAR finality is 99.98% shorter than Bitcoin finality

NEAR logo
600ms
Bitcoin logo
1h

Data from Chainspect

Type

NEAR and Bitcoin are both layer 1 blockchains

NEAR logo
Layer 1 blockchain
Bitcoin logo
Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

NEAR has 3.9X more total transactions than Bitcoin

NEAR logo
5.37B txns
Bitcoin logo
1.38B txns

Data from Chainspect

Launch Date

NEAR was launched 11 years after Bitcoin

NEAR logo
Apr 22, 2020
Bitcoin logo
Jan 3, 2009

Data from Chainspect

NEAR vs Bitcoin Decentralization

Nakamoto Coefficient

NEAR Nakamoto Coefficient is 2.25X higher than Bitcoin Nakamoto Coefficient

NEAR logo
9
Bitcoin logo
4

Data from Chainspect

Validators/Miners

NEAR has 2.73X more validators than Bitcoin has miners

NEAR logo
410
Bitcoin logo
150

Data from Chainspect

Stake/Hashrate

NEAR stake is $1.286B, while Bitcoin hashrate is 1.17K EH/s

NEAR logo
$1.286B
Bitcoin logo
1.17K EH/s

Data from Chainspect

Consensus Mechanism

NEAR is PoS, while Bitcoin is PoW

NEAR logo
Proof of Stake (PoS)
Bitcoin logo
Proof of Work (PoW)

Data from Chainspect

Governance

NEAR council governance is worse than Bitcoin off-chain governance

NEAR logo
Council
Bitcoin logo
Off-chain

Data from Chainspect

NEAR vs Bitcoin Developer Activity

Developers

NEAR has 38.9% fewer developers than Bitcoin

NEAR logo
1,214
Bitcoin logo
1,987

Data from Chainspect

Commits

NEAR has 36.12% fewer commits than Bitcoin

NEAR logo
78,303
Bitcoin logo
122,589

Data from Chainspect

Repos

NEAR has 10X more repos than Bitcoin

NEAR logo
231
Bitcoin logo
23

Data from Chainspect

Stars

NEAR has 90.68% fewer stars than Bitcoin

NEAR logo
9,992
Bitcoin logo
107,306

Data from Chainspect

Watchers

NEAR has 78% fewer watchers than Bitcoin

NEAR logo
1,221
Bitcoin logo
5,551

Data from Chainspect

NEAR vs Bitcoin Financials New

Chain Revenue

NEAR chain revenue is 98.9% lower than Bitcoin chain revenue

NEAR logo
$1.71K
Bitcoin logo
$156K

Data from Chainspect

Average Transaction Fee

NEAR average transaction fee is 98.98% lower than Bitcoin average transaction fee

NEAR logo
$0.002364
Bitcoin logo
$0.2329

Data from Chainspect

Market Cap

NEAR market cap is 99.78% lower than Bitcoin market cap

NEAR logo
$2.762B
Bitcoin logo
$1.28T

Data from Chainspect

FDV

NEAR FDV is 99.79% lower than Bitcoin FDV

NEAR logo
$2.762B
Bitcoin logo
$1.341T

Data from Chainspect

Market Cap / FDV

NEAR Market Cap to FDV ratio is 1.05X higher than Bitcoin Market Cap to FDV ratio

NEAR logo
100.00%
Bitcoin logo
95.46%

Data from Chainspect

Price

NEAR price is 99.99% lower than Bitcoin price

NEAR logo
$2.126
Bitcoin logo
$63,850

Data from Chainspect

NEAR vs Bitcoin Real-time TPS Chart

Other Comparisons

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 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.

Blockchains Socials

NEAR Socials

Bitcoin Socials

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