aelf vs NEAR Protocol

aelf3.0/5

VS

NEAR Protocol4.1/5

Feature	aelfVisit	NEAR ProtocolVisit
Ratings
Our score	3.0/5	4.1/5
User rating	No reviews yet	No reviews yet
Performance	3.0	4.5
Fees	4.0	4.5
Ecosystem	2.0	3.5
Decentralization	2.5	4.0
Developer experience	3.5	4.0
Specs
Layer	Layer 1	Layer 1
Consensus / design	Delegated PoS	Proof of Stake
Native token	ELF	NEAR
EVM compatible	No	No
Smart contract languages	C#	Rust, JavaScript
Block time	Not disclosed	600ms
Finality	Not disclosed	1.2s
Mainnet since	Not disclosed	2,020
Throughput (TPS)	Not disclosed	1000000
Sequencer	Not applicable	Not applicable
Data availability	Not disclosed	NEAR Protocol
Gas paid in	ELF	NEAR
Company
Founded	2017	2020
Headquarters	Singapore	Switzerland
Investors	Arrington Capital, Draper Dragon, Galaxy Digital	Andreessen Horowitz, Accomplice, Metastable Capital, Arrington Capital +6
Strengths and weaknesses
Pros	Parallel smart contract execution improves scaling and compute throughput Native bridge connects directly to Ethereum and BNB Chain Development history dating back to 2017	Fast 1.2-second transaction finality with 600ms block times Cross-chain swap execution across 35+ separate blockchain networks Sub-cent execution fees on NEAR Intents transactions Annual token issuance reduced from 5% to 2.5% in October 2025
Cons	Halted block production for about one week in August 2026 following malicious activity Total value locked is low, registering under $20,000 in October 2026 OKX delisted ELF spot trading pairs in September 2026 Sidechain proposals require 24-hour governance approval by parliament members	Not natively EVM-compatible at the primary Layer-1 execution level Cross-chain intents face reorg exposure on connected networks, including a $600K incident in April 2026 Historical exploits in third-party ecosystem contracts, including $3M lost on Skyward Finance in 2022
Best for	Developers needing dedicated sidechains, Teams building EVM cross-chain integrations, C# and multi-language smart contract programmers	Developers writing smart contracts in Rust, Users swapping across chains without manual bridges, Teams deploying autonomous AI agent systems

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