Dashboard Objectives

• The dashboard looks at NEAR blockchain’s performance metrics while pitting the same against those of Ethereum & Solana.

Author:

• Twitter: @lelaughingman
• Flipside Bounty Hunter: TheLaughingMan
• Discord: TheLaughingMan#3062

Transactions Per Second (TPS)

• One of the most contentious metrics is TPS. Some chains/developers tend to use this metric to boast about their chain’s performance/quality.

• NEAR - 3 TPS,

  ETH - 13 TPS,

  SOL - 500 TPS

• Quite strange that NEAR’s TPS is lower than that of Ethereum’s…Is it due to empty blocks/lack of traffic?

• Solana is obviously the clear leader in the TPS sector.

Block Time

• Block Time is defined as the time taken to produce the next block.

  \

• Only SOL seems to have sub-second finality.

  NEAR - ~1.1 seconds

  ETH - ~13.3 seconds

Transaction Failure Rates

• Percentage of transactions that fail out of total transactions a day.

  
  \

• SOL very infamous for it’s absurd transaction failure rates. (>25%)

  ETH with the lowest failure rates (<~ 5%)

  NEAR varying between 14-23%.

• Given how NEAR is still in rather early stages, perhaps we should inspect the failure reasons.

  It could just be the User/contract errors and not the chain’s issues!

Empty Blocks per Day

• Given the fact we observed NEAR’s TPS to be rather low, we wanted to glance at the empty blocks that happen per day.

  
  \

• NEAR certainly has higher EMPTY blocks vs Ethereum…

• Also strange that Solana has no empty blocks? 🤔