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NEAR Protocol

NEAR

Sharded PoS blockchain with Nightshade consensus. No kill switch. Foundation-led development.

Last updated: Dec 26, 2025

5.3
Total Score

0.4 × Chain + 0.4 × Control + 0.2 × Fairness

6.4

Chain Score

Technical and economic decentralization of the chain

3.9

Control Score

Power and control structures around the protocol

6.0

Fairness Score

Launch, distribution, and governance fairness

Chain Score

Technical/economic decentralization

A1

Nakamoto Coefficient

Number of independent entities that would need to collude to compromise the system. Higher is better.

5.0
A2

Validator/Miner Concentration

Share of top 5 validators/miners in stake/hashrate. Lower concentration is better.

10.0
A3

Client Diversity

Number of independent full-node implementations with relevant market share. More diversity is better.

3.0
A4

Node Geography & Hosting

Geographic distribution of nodes and cloud hosting concentration. Lower cloud % is better.

7.5

Control Score

Power and control structures

B1

Corporate/Foundation Capture

Is there a dominant company/foundation controlling roadmap, marketing, and hiring? Can the project survive without them?

4.3
B2

Repo/Protocol Ownership

Distribution of merge rights in core repositories (clients, specs). More distributed is better.

2.8
B3

Brand & Frontend Control

Who owns brand, domains, main frontends, official wallets/apps? Decentralized ownership is better.

3.8
B4

Treasury & Upgrade Keys

Composition of treasury/upgrade multisigs and admin keys. More independent signers is better.

4.0
B5

Admin Halt Capability

Can a single entity or small group unilaterally halt, freeze, or censor the chain? This is a critical centralization risk.

7.3
B6

Protocol Immutability

Has the protocol made fundamental rule changes (consensus mechanism, monetary policy, contentious forks)? Immutable rules are a core property of decentralization.

1.0

Fairness Score

Launch and distribution fairness

C1

Launch Fairness / Premine

Team/VC/Foundation premine and launch model (fair launch vs. sale/IDO). Less premine is better.

3.3
C2

Token Distribution & Governance Power

Share of insiders (team/VC/exchanges) in supply and governance votes. Less insider control is better.

8.6