Compare Algorand vs Celo
Open in ChatGPTAlgorand vs Celo Scalability
Real-time TPS (1H)
Algorand TPS is 43.22% lower than Celo TPS
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 21X higher than Celo max TPS
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 20X higher than Celo max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 43.22% lower than Celo transaction volume
Data from Chainspect
Block Time (1H)
Algorand block time is 2.84X longer than Celo block time
Data from Chainspect
Finality
Algorand finality is 100% shorter than Celo finality
Data from Chainspect
Type
Algorand is a layer 1 blockchain, while Celo is a layer 2 blockchain
Data from Chainspect
Total Transactions
Algorand has 3.1X more total transactions than Celo
Data from Chainspect
Launch Date
Algorand was launched 11 months before Celo
Data from Chainspect
Algorand vs Celo Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12X higher than Celo Nakamoto Coefficient
Data from Chainspect
Validators
Algorand has 1,771X more validators than Celo
Data from Chainspect
Stake
Algorand stake is $264.2M, while Celo has no data
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Celo is Rollup (Optimistic)
Data from Chainspect
Governance
Algorand and Celo governance are both on-chain
Data from Chainspect
Algorand vs Celo Developer Activity
Developers
Algorand has 65.82% fewer developers than Celo
Data from Chainspect
Commits
Algorand has 49.52% fewer commits than Celo
Data from Chainspect
Repos
Algorand has 5.61% fewer repos than Celo
Data from Chainspect
Stars
Algorand has 1.64X more stars than Celo
Data from Chainspect
Watchers
Algorand has 38% fewer watchers than Celo
Data from Chainspect
Algorand vs Celo Financials New
Chain Revenue
Algorand chain revenue is 78.43% lower than Celo chain revenue
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is 54.23% lower than Celo average transaction fee
Data from Chainspect
Market Cap
Algorand market cap is 12X higher than Celo market cap
Data from Chainspect
FDV
Algorand FDV is 7.82X higher than Celo FDV
Data from Chainspect
Market Cap / FDV
Algorand Market Cap to FDV ratio is 1.5X higher than Celo Market Cap to FDV ratio
Data from Chainspect
Price
Algorand price is 21.81% lower than Celo price
Data from Chainspect
Algorand vs Celo Real-time TPS Chart
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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 Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.