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- Algorand vs Arbitrum Nova
Algorand vs Arbitrum Nova Scalability
Real-time TPS
Algorand TPS is 5.07 tx/s, while Arbitrum Nova has no data
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Arbitrum Nova has no data
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Arbitrum Nova has no data
Transaction Volume
Algorand transaction volume is 18,267 txns, while Arbitrum Nova has no data
Block Time
Algorand block time is 2.81s, while Arbitrum Nova has no data
Finality
Algorand finality is 0s, while Arbitrum Nova has no data
Type
Algorand is a layer 1 blockchain, while Arbitrum Nova has no data
Launch Date
Algorand was launched on Jun 12, 2019, while the Arbitrum Nova has no data
Algorand vs Arbitrum Nova Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Arbitrum Nova has no data
Validators/Miners
Algorand has 1,903 validators, while Arbitrum Nova has no data
Stake/Hashrate
Algorand stake is $481.1M, while Arbitrum Nova has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while Arbitrum Nova has no data
Governance
Algorand governance is on-chain, while Arbitrum Nova has no data
Other Comparisons
Algorand Comparisons
About Blockchains
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.
About Arbitrum Nova
Arbitrum Nova is a high-performance alternative to Arbitrum One's chain. While Arbitrum One implements the purely trustless Rollup protocol, Arbitrum Nova implements the mostly trustless AnyTrust protocol. The key difference between Rollup and AnyTrust is that the AnyTrust protocol introduces an additional trust assumption in the form of a Data Availability Committee (DAC). This committee (detailed below) is responsible for expediting the process of storing, batching, and posting child chain transaction data to Ethereum's parent chain. This lets you use Arbitrum in scenarios that demand performance and affordability, while Arbitrum One is optimal for scenarios that demand Ethereum's pure trustlessness.