Algorand vs Arbitrum Nova

Algorand vs Arbitrum Nova Scalability

Real-time TPS

Chainspect

Algorand TPS is 5.07 tx/s, while Arbitrum Nova has no data

Algorand logo
5.07 tx/s
A

Max TPS (100 blocks)

Chainspect

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

Algorand logo
5,716 tx/s
A

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 9,384 tx/s, while Arbitrum Nova has no data

Algorand logo
9,384 tx/s
A

Transaction Volume

Chainspect

Algorand transaction volume is 18,267 txns, while Arbitrum Nova has no data

Algorand logo
18,267 txns
A

Block Time

Chainspect

Algorand block time is 2.81s, while Arbitrum Nova has no data

Algorand logo
2.81s
A

Finality

Chainspect

Algorand finality is 0s, while Arbitrum Nova has no data

Algorand logo
0s
A

Type

Chainspect

Algorand is a layer 1 blockchain, while Arbitrum Nova has no data

Algorand logo
Layer 1 blockchain
A

Launch Date

Chainspect

Algorand was launched on Jun 12, 2019, while the Arbitrum Nova has no data

Algorand logo
Jun 12, 2019
A

Algorand vs Arbitrum Nova Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 12, while Arbitrum Nova has no data

Algorand logo
12
A

Validators/Miners

Chainspect

Algorand has 1,903 validators, while Arbitrum Nova has no data

Algorand logo
1,903
A

Stake/Hashrate

Chainspect

Algorand stake is $481.1M, while Arbitrum Nova has no data

Algorand logo
$481.1M
A

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while Arbitrum Nova has no data

Algorand logo
Pure Proof of Stake
A

Governance

Chainspect

Algorand governance is on-chain, while Arbitrum Nova has no data

Algorand logo
On-chain
A

Other 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.

Blockchains Socials

Algorand Socials

Arbitrum Nova Socials