Minima vs NEAR Protocol

Minima3.3/5

VS

NEAR Protocol4.1/5

Feature	MinimaVisit	NEAR ProtocolVisit
Ratings
Our score	3.3/5	4.1/5
User rating	No reviews yet	No reviews yet
Performance	3.0	4.5
Fees	3.5	4.5
Ecosystem	2.5	3.5
Decentralization	4.5	4.0
Developer experience	2.5	4.0
Specs
Layer	Layer 1	Layer 1
Consensus / design	Not disclosed	Proof of Stake
Native token	MINIMA	NEAR
EVM compatible	Not disclosed	No
Smart contract languages	Not disclosed	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	Not disclosed	NEAR
Company
Founded	2018	2020
Headquarters	Switzerland	Switzerland
Investors	Public / Community, Blockchange Ventures	Andreessen Horowitz, Accomplice, Metastable Capital, Arrington Capital +6
Strengths and weaknesses
Pros	Runs full constructing and validating nodes directly on Android phones and embedded devices Fixed hard cap of 1,000,000,000 MINIMA tokens prevents programmatic supply inflation Secures device identity and AI provenance at the physical data origin	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	Suffered a disclosed Web Wallet security incident in 2026 Token price dropped over 97% from its December 2024 peak to April 2026	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	IoT device manufacturers, AI workflow provenance tracking, Autonomous machine-to-machine payments	Developers writing smart contracts in Rust, Users swapping across chains without manual bridges, Teams deploying autonomous AI agent systems

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