Algorand vs peaq Scalability
Real-time TPS
Algorand TPS is 5.6 tx/s, while peaq has no data
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while peaq has no data
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while peaq has no data
Transaction Volume
Algorand transaction volume is 20,142 txns, while peaq has no data
Block Time
Algorand block time is 2.81s, while peaq has no data
Finality
Algorand finality is 0s, while peaq has no data
Type
Algorand is a layer 1 blockchain, while peaq has no data
Launch Date
Algorand was launched on Jun 12, 2019, while the peaq has no data
Algorand vs peaq Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while peaq has no data
Validators/Miners
Algorand has 1,913 validators, while peaq has no data
Stake/Hashrate
Algorand stake is $464.4M, while peaq has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while peaq has no data
Governance
Algorand governance is on-chain, while peaq 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 peaq
peaq is the decentralized Web3 network powering the Economy of Things. Built with Substrate and designed to solve some of our biggest societal and economic challenges, it ensures that the incentives of people and increasingly intelligent machines are aligned.