NEAR vs Ethereum Scalability
Real-time TPS
NEAR TPS is 4.13X higher than Ethereum TPS
Max TPS (100 blocks)
NEAR max TPS is 66X higher than Ethereum max TPS
Max Theoretical TPS
NEAR max theoretical TPS is 134X higher than Ethereum max theoretical TPS
Transaction Volume
NEAR transaction volume is 4.13X higher than Ethereum transaction volume
Block Time
NEAR block time is 94.95% shorter than Ethereum block time
Finality
NEAR finality is 99.92% shorter than Ethereum finality
Type
NEAR and Ethereum are both layer 1 blockchains
Launch Date
NEAR was launched 5 years after Ethereum
NEAR vs Ethereum Decentralization New
Nakamoto Coefficient
NEAR Nakamoto Coefficient is 5.5X higher than Ethereum Nakamoto Coefficient
Validators
NEAR has 99.97% fewer validators than Ethereum
Stake
NEAR stake is 569.6M NEAR, while Ethereum stake is 35.81M ETH
Consensus Mechanism
NEAR and Ethereum are both PoS
Governance
NEAR council governance is worse than Ethereum off-chain governance
NEAR vs Ethereum 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 Ethereum
Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.