Trac Network vs NEAR

Trac Network vs NEAR Scalability

Real-time TPS

Chainspect

Trac Network has no data, while NEAR TPS is 60.05 tx/s

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60.05 tx/s

Max TPS (100 blocks)

Chainspect

Trac Network has no data, while NEAR max TPS is 4,135 tx/s

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4,135 tx/s

Max Theoretical TPS

Chainspect

Trac Network has no data, while NEAR max theoretical TPS is 16,000 tx/s

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16,000 tx/s

Transaction Volume

Chainspect

Trac Network has no data, while NEAR transaction volume is 216,166 txns

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216,166 txns

Block Time

Chainspect

Trac Network has no data, while NEAR block time is 0.6s

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0.6s

Finality

Chainspect

Trac Network has no data, while NEAR finality is 0.6s

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0.6s

Type

Chainspect

Trac Network has no data, while NEAR is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

Trac Network has no data, while NEAR was launched on Apr 22, 2020

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Apr 22, 2020

Trac Network vs NEAR Decentralization New

Nakamoto Coefficient

Chainspect

Trac Network has no data, while NEAR Nakamoto Coefficient is 10

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10

Validators/Miners

Chainspect

Trac Network has no data, while NEAR has 320 validators

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320

Stake/Hashrate

Chainspect

Trac Network has no data, while NEAR stake is $1.419B

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$1.419B

Consensus Mechanism

Chainspect

Trac Network has no data, while NEAR is PoS

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Proof of Stake (PoS)

Governance

Chainspect

Trac Network has no data, while NEAR governance is council

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Council

Other Comparisons

About Blockchains

About Trac Network

Trac Network — unlike traditional blockchains — does not utilize blocks to process transactions. Instead it operates in favor of a constant stream of transactions that are peer-to-peer-validated and settled on decentralized ledgers. The topology of Trac Network allows for near-instant transaction settlement and a better user-experience. Trac Network uses DAGs as well as distributed clocks to maintain linearized and causal order of network messages.

About NEAR

NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains.

Blockchains Socials

Trac Network Socials

NEAR Socials