Algorand vs Litentry Scalability
Real-time TPS
Algorand TPS is 4.67 tx/s, while Litentry has no data
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Litentry has no data
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Litentry has no data
Transaction Volume
Algorand transaction volume is 16,812 txns, while Litentry has no data
Block Time
Algorand block time is 2.78s, while Litentry has no data
Finality
Algorand finality is 0s, while Litentry has no data
Type
Algorand is a layer 1 blockchain, while Litentry has no data
Launch Date
Algorand was launched on Jun 12, 2019, while the Litentry has no data
Algorand vs Litentry Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Litentry has no data
Validators/Miners
Algorand has 1,903 validators, while Litentry has no data
Stake/Hashrate
Algorand stake is $481.1M, while Litentry has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while Litentry has no data
Governance
Algorand governance is on-chain, while Litentry 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 Litentry
Litentry is a Decentralized Identity Aggregation protocol across multiple networks. It features a DID indexing mechanism and a Substrate-based credit computation network. The protocol provides a decentralized, interoperable identity aggregation service that mitigates the difficulty of resolving agnostic DID mechanisms.