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    Overview

    Near is a L1 blockchain aiming at providing the ideal environment for dAPPs by overcoming some of the limitations of competing systems—such as low throughput, low speeds, and poor cross-compatibility.

    This dashboard provides an overview of the performance of NEAR network.

    The following factors will be presented:

    • Success rate
    • TPS
    • Transaction fee
    • Transaction per block
    • Time between blocks

    NEAR performance in the past 24 hours

    NEAR vs L1

    Success Rate

    Success rate is defined as the proportion of succeeded transactions to the total number of transactions.

    The graph next to this box shows the average success rate in the past 7/30 days comparing to five other L1 blockchains: Ethereum, Polygon, BSC, Avalanche and Solana.

    The below graph also shows how the daily average success rate of NEAR and other L1 blockchain evolved over time.

    TPS

    TPS is defined as the number of successful transactions per seconds. The higher TPS represents the better performance and the scalability of the network.

    Graphs show both the average TPS in the past 7/30 days and the daily average TPS over time.

    Time between blocks

    Time between blocks or block time is defined as the time it takes to ‘mine’ a block. In bitcoin it is about 10 minutes and in Ethereum this factor is still high. However, in alternative blockchain this factor is significantly low in comparison with Bitcoin and Ethereum.

    Graphs in this section show the average block time in the past 7/30 days and the evolution of it for NEAR and L1 blockchains over time. 

    Transaction fee

    NEAR as an alternative of Ethereum, promises a low transaction fee. This graph shows how the daily average transaction fee has changed over time.

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