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In the second part of the question, we compared the NEAR blockchain with other blockchains based on the percentage of failed transactions.
From the beginning of June to June 8, the percentage of failed transactions fluctuated slightly, but after this date, the percentage of failed transactions increased, and in general, compared to other blockchains, except the OSMO blockchain, it was associated with more failed transactions. According to the line graph, you can see that in June, the percentage of failed transactions of the Ethereum blockchain is lower than that of the NEAR blockchain.
The bar chart shows the average percentage of daily failed transactions for the entire month of June. And as you can see, the NEAR blockchain had the weakest performance compared to other blockchains with 23.5% of failed transactions and almost 24% of the transactions performed on this blockchain failed. In the next place is Blockchain Harmony with 14.5% of Namov transactions. After A, there are OSMO, FLOW and Ethereum blockchains, respectively. And this shows that Ethereum blockchain has the lowest percentage of failed transactions and NEAR has the highest number of failed transactions.
In the donut chart, you can see the percentage of failed blockchain transactions. According to the chart, 28.1 percent of failed transactions are for the Harmony blockchain and 24.5 percent for the NEAR blockchain. The lowest percentage belongs to the OSMO blockchain with 9.95 percent.
Note that the donut chart has given the percentage based on the data of the number of failed transactions of all 5 blockchains, and this percentage is different from the percentage of failed transactions of each blockchain.
📌Introduction:
This dashboard was written on July 19, 2022
NEAR Protocol is a software that aims to incentivize a network of computers to operate a platform for developers to create and launch decentralized applications. In this dashboard I showed how NEAR stacks up to other L1s in terms of speed and performance? What is the speed of NEAR and I compared it to other blockchain speeds in terms of transactions per minute and the percentage of failed transactions.
All the charts and analysis below have been done between June 1 and June 30, 2022
The bar chart above shows the number of transactions per minute for different blockchains. As you can see, NEAR blockchain speed is displayed in pink. From the beginning of June to June 18, the speed of transactions per minute increased, but from June 18 to June 27, it decreased and the number of transactions per minute decreased. After June 17, it has been almost a constant trend. According to the graph, it can be said that the speed and performance of the OSMO blockchain is lower than that of the NEAR blockchain. But the other blockchains in this chart generally have better performance and speed than the NEAR blockchain. According to the donut chart, you can see the speed of these blockchains based on the number of transactions in the entire time period as a percentage. Based on this chart, 31.5% of transactions belong to the Ethereum blockchain, 29.6% to the FLOW blockchain. 19.1% to the Harmony blockchain, 14.9% to the NEAR blockchain and finally to the OSMO blockchain with 4.88% of transactions.
In the third graph, we compared the number of NEAR blockchain transactions with other blockchains. The results are as follows: 1- Ethereum blockchain 2- Blockchain FLOW 3- Blockchain harmony 4- Near blockchain 5- OSMO blockchain