5ire vs Algorand

5ire vs Algorand Scalability

Real-time TPS

Chainspect

5ire has no data, while Algorand TPS is 4.67 tx/s

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4.67 tx/s

Max TPS (100 blocks)

Chainspect

5ire has no data, while Algorand max TPS is 5,716 tx/s

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5,716 tx/s

Max Theoretical TPS

Chainspect

5ire has no data, while Algorand max theoretical TPS is 9,384 tx/s

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9,384 tx/s

Transaction Volume

Chainspect

5ire has no data, while Algorand transaction volume is 16,812 txns

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16,812 txns

Block Time

Chainspect

5ire has no data, while Algorand block time is 2.78s

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2.78s

Finality

Chainspect

5ire has no data, while Algorand finality is 0s

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0s

Type

Chainspect

5ire has no data, while Algorand is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

5ire has no data, while Algorand was launched on Jun 12, 2019

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Jun 12, 2019

5ire vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

5ire has no data, while Algorand Nakamoto Coefficient is 12

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12

Validators/Miners

Chainspect

5ire has no data, while Algorand has 1,903 validators

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1,903

Stake/Hashrate

Chainspect

5ire has no data, while Algorand stake is $481.1M

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$481.1M

Consensus Mechanism

Chainspect

5ire has no data, while Algorand is Pure Proof of Stake

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Pure Proof of Stake

Governance

Chainspect

5ire has no data, while Algorand governance is on-chain

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On-chain

Other Comparisons

About Blockchains

About 5ire

World’s first hybrid Layer 1 with sustainability at its core. Empowering developers to build dApps that merge blockchain with real-world impact.

About 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.

Blockchains Socials

5ire Socials

Algorand Socials