NEAR vs Celo Scalability
Real-time TPS
NEAR TPS is 5.63X higher than Celo TPS
Max TPS (100 blocks)
NEAR max TPS is 15X higher than Celo max TPS
Max Theoretical TPS
NEAR max theoretical TPS is 34X higher than Celo max theoretical TPS
Transaction Volume
NEAR transaction volume is 5.63X higher than Celo transaction volume
Block Time
NEAR block time is 38.04% shorter than Celo block time
Finality
NEAR finality is 99.95% shorter than Celo finality
Type
NEAR is a layer 1 blockchain, while Celo is a layer 2 blockchain
Launch Date
NEAR was launched 16 hours before Celo
NEAR vs Celo Decentralization New
Nakamoto Coefficient
NEAR Nakamoto Coefficient is 10X higher than Celo Nakamoto Coefficient
Validators
NEAR has 320X more validators than Celo
Stake
NEAR stake is $1.419B, while Celo has no data
Consensus Mechanism
NEAR is PoS, while Celo is Rollup (Optimistic)
Governance
NEAR council governance is worse than Celo on-chain governance
NEAR vs Celo 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 Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.