Algorand vs Areon Scalability
Real-time TPS
Algorand TPS is 5.07 tx/s, while Areon has no data
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Areon has no data
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Areon has no data
Transaction Volume
Algorand transaction volume is 18,267 txns, while Areon has no data
Block Time
Algorand block time is 2.81s, while Areon has no data
Finality
Algorand finality is 0s, while Areon has no data
Type
Algorand is a layer 1 blockchain, while Areon has no data
Launch Date
Algorand was launched on Jun 12, 2019, while the Areon has no data
Algorand vs Areon Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Areon has no data
Validators/Miners
Algorand has 1,903 validators, while Areon has no data
Stake/Hashrate
Algorand stake is $481.1M, while Areon has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while Areon has no data
Governance
Algorand governance is on-chain, while Areon 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 Areon
Areon Chain is a revolutionary Layer-1 blockchain that sets new standards in the crypto world with its groundbreaking speed and security. Utilizing the unique "Proof of AREA" algorithm, Areon Chain successfully merges security and speed. Within the system, validator and delegator mechanisms exist, encouraging wider community participation and enhancing the overall robustness of the network.