Algorand vs Matrix Scalability
Real-time TPS
Algorand TPS is 9.86 tx/s, while Matrix has no data
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Matrix has no data
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Matrix has no data
Transaction Volume
Algorand transaction volume is 35,512 txns, while Matrix has no data
Block Time
Algorand block time is 2.85s, while Matrix has no data
Finality
Algorand finality is 0s, while Matrix has no data
Type
Algorand is a layer 1 blockchain, while Matrix has no data
Launch Date
Algorand was launched on Jun 12, 2019, while the Matrix has no data
Algorand vs Matrix Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Matrix has no data
Validators/Miners
Algorand has 1,891 validators, while Matrix has no data
Stake/Hashrate
Algorand stake is $529.6M, while Matrix has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while Matrix has no data
Governance
Algorand governance is on-chain, while Matrix 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 Matrix
The Matrix 1.0 blockchain platform is the first AI-optimised blockchain platform. Low transaction speeds, lack of security, the complexity of usage, and squandered resources are four key concerns in blockchain that Matrix addresses with AI technology. They built a public blockchain platform that is both functional and dependable.