NEAR vs Bitcoin

NEAR vs Bitcoin Scalability

Real-time TPS

Chainspect

NEAR TPS is 9.5X higher than Bitcoin TPS

NEAR logo
54.25 tx/s
Bitcoin logo
5.71 tx/s

Max TPS (100 blocks)

Chainspect

NEAR max TPS is 313X higher than Bitcoin max TPS

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

Max Theoretical TPS

Chainspect

NEAR max theoretical TPS is 2,286X higher than Bitcoin max theoretical TPS

NEAR logo
16,000 tx/s
Bitcoin logo
7 tx/s

Transaction Volume

Chainspect

NEAR transaction volume is 9.5X higher than Bitcoin transaction volume

NEAR logo
195,302 txns
Bitcoin logo
20,551 txns

Block Time

Chainspect

NEAR block time is 99.9% shorter than Bitcoin block time

NEAR logo
0.62s
Bitcoin logo
10m 27s

Finality

Chainspect

NEAR finality is 99.98% shorter than Bitcoin finality

NEAR logo
0.6s
Bitcoin logo
1h

Type

Chainspect

NEAR and Bitcoin are both layer 1 blockchains

NEAR logo
Layer 1 blockchain
Bitcoin logo
Layer 1 blockchain

Launch Date

Chainspect

NEAR was launched 11 years after Bitcoin

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

NEAR vs Bitcoin Decentralization

Nakamoto Coefficient

Chainspect

NEAR Nakamoto Coefficient is 3.33X higher than Bitcoin Nakamoto Coefficient

NEAR logo
10
Bitcoin logo
3

Validators/Miners

Chainspect

NEAR has 2.84X more validators than Bitcoin has miners

NEAR logo
310
Bitcoin logo
109

Stake/Hashrate

Chainspect

NEAR stake is $1.555B, while Bitcoin hashrate is 1.06K EH/s

NEAR logo
$1.555B
Bitcoin logo
1.06K EH/s

Consensus Mechanism

Chainspect

NEAR is PoS, while Bitcoin is PoW

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

Governance

Chainspect

NEAR council governance is worse than Bitcoin off-chain governance

NEAR logo
Council
Bitcoin logo
Off-chain

NEAR vs Bitcoin Developer Activity New

Developers

Chainspect

NEAR has 38.47% fewer developers than Bitcoin

NEAR logo
1,153
Bitcoin logo
1,874

Repos

Chainspect

NEAR has 9.59X more repos than Bitcoin

NEAR logo
211
Bitcoin logo
22

Commits

Chainspect

NEAR has 35.51% fewer commits than Bitcoin

NEAR logo
73,255
Bitcoin logo
113,606

Stars

Chainspect

NEAR has 90.67% fewer stars than Bitcoin

NEAR logo
9,535
Bitcoin logo
102,222

Watchers

Chainspect

NEAR has 72.32% fewer watchers than Bitcoin

NEAR logo
1,547
Bitcoin logo
5,590

NEAR vs Bitcoin Real-Time TPS Chart

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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