Algorand

Algorand emerges as a blockchain platform committed to fostering transparency and enabling the growth of decentralized projects and applications. Operating as a public, decentralized blockchain, it leverages a Pure Proof-of-Stake (PPoS) consensus mechanism to uphold network security, efficiency, and decentralization. Powered by the Algorand Consensus Algorithm, the network employs a combination of cryptographic techniques and random selection to attain consensus, effectively addressing the constraints of traditional consensus mechanisms.

Token symbol:
ALGO

Scalability Metrics:
Algorand TPS is 6.91 transactions per second
Algorand Max TPS is 5,716 transactions per second
Algorand Max Theoretical TPS is 9,384 transactions per second
Algorand transaction volume is 24,892 transactions
Algorand block time is 2.79s
Algorand finality is 0s
Algorand has 3,278,707,706 total transactions since its TGE
Algorand is a layer 1 blockchain
Algorand was launched on Jun 12, 2019 (6 years ago)

Decentralization Metrics:
Algorand nakamoto coefficient is 12
Algorand has 1,825 validators
Algorand stake is $348.3M
Algorand consensus mechanism is Pure Proof of Stake
Algorand governance is on-chain

Developer Activity Metrics:
Algorand has 537 developers
Algorand has 163 repos
Algorand has 37,393 commits
Algorand has 5,095 stars
Algorand has 920 watchers