Algorand vs Electra Protocol Scalability
Real-time TPS
Algorand TPS is 5.07 tx/s, while Electra Protocol has no data
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Electra Protocol has no data
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Electra Protocol has no data
Transaction Volume
Algorand transaction volume is 18,267 txns, while Electra Protocol has no data
Block Time
Algorand block time is 2.81s, while Electra Protocol has no data
Finality
Algorand finality is 0s, while Electra Protocol has no data
Type
Algorand is a layer 1 blockchain, while Electra Protocol has no data
Launch Date
Algorand was launched on Jun 12, 2019, while the Electra Protocol has no data
Algorand vs Electra Protocol Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Electra Protocol has no data
Validators/Miners
Algorand has 1,903 validators, while Electra Protocol has no data
Stake/Hashrate
Algorand stake is $481.1M, while Electra Protocol has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while Electra Protocol has no data
Governance
Algorand governance is on-chain, while Electra Protocol has no data
Other Comparisons
Algorand Comparisons
Electra Protocol 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 Electra Protocol
Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.