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- NEAR vs Bitcoin
NEAR vs Bitcoin Scalability
Real-time TPS
NEAR TPS is 4.97X higher than Bitcoin TPS
Max TPS (100 blocks)
NEAR max TPS is 313X higher than Bitcoin max TPS
Max Theoretical TPS
NEAR max theoretical TPS is 2,286X higher than Bitcoin max theoretical TPS
Transaction Volume
NEAR transaction volume is 4.97X higher than Bitcoin transaction volume
Block Time
NEAR block time is 99.84% shorter than Bitcoin block time
Finality
NEAR finality is 99.98% shorter than Bitcoin finality
Type
NEAR and Bitcoin are both layer 1 blockchains
Launch Date
NEAR was launched 11 years after Bitcoin
NEAR vs Bitcoin Decentralization New
Nakamoto Coefficient
NEAR Nakamoto Coefficient is 2.75X higher than Bitcoin Nakamoto Coefficient
Validators/Miners
NEAR has 3.42X more validators than Bitcoin has miners
Stake/Hashrate
NEAR stake is 565.2M NEAR, while Bitcoin hashrate is 944 EH/s
Consensus Mechanism
NEAR is PoS, while Bitcoin is PoW
Governance
NEAR council governance is worse than Bitcoin off-chain governance
NEAR vs Bitcoin 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 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.