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Solana, Avalanche, and NEAR Protocol: The Next Generation of Blockchain Platforms

1Dr.Rashmi Sharma1 , Shiddarth Srivastava2 , Dr.Ajay Kumar Gaur3 , Shubham Chaurasia4, Dr.Ashish Malik

Abstract: This comparative analysis explores three prominent blockchain protocols: Solana, Avalanche, and NEAR Protocol. The objective is to provide a comprehensive overview of their key features, performance metrics, consensus mechanisms, scalability solutions, security measures, and developer ecosystems. By assessing the similarities and differences between these protocols, we can gain valuable insights into their strengths and weaknesses, enabling stakeholders to make informed decisions when considering blockchain solutions.

Keywords:

Blockchain protocols

Solana

Avalanche

NEAR Protocol

comparative analysis

scalability

consensus mechanism

security

developer ecosystem

performance metrics

decentralized applications

Paper Details

D.O.I10.48047/ecb/2023.12.si8.518

Month8

Year2023

Volume12

Issuespecial issue-8

Pages6102-6110