Compare Algorand vs Phala Network
Algorand vs Phala Network Scalability
Real-time TPS (1H)
Algorand TPS is 7.96 tx/s, while Phala Network has no data
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Phala Network has no data
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Phala Network has no data
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 28.7K txns, while Phala Network has no data
Data from Chainspect
Block Time (1H)
Algorand block time is 2.82s, while Phala Network has no data
Data from Chainspect
Finality
Algorand finality is 0s, while Phala Network has no data
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Type
Algorand is a layer 1 blockchain, while Phala Network has no data
Data from Chainspect
Total Transactions
Algorand has 3.28B total transactions, while Phala Network has no data
Data from Chainspect
Launch Date
Algorand was launched on Jun 12, 2019, while the Phala Network has no data
Data from Chainspect
Algorand vs Phala Network Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Phala Network has no data
Data from Chainspect
Validators/Miners
Algorand has 1,815 validators, while Phala Network has no data
Data from Chainspect
Stake/Hashrate
Algorand stake is $296.5M, while Phala Network has no data
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Phala Network has no data
Data from Chainspect
Governance
Algorand governance is on-chain, while Phala Network has no data
Data from Chainspect
Algorand vs Phala Network Developer Activity
Developers
Algorand has 537 developers, while Phala Network has no data
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Repos
Algorand has 163 repos, while Phala Network has no data
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Commits
Algorand has 37,452 commits, while Phala Network has no data
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Stars
Algorand has 5,099 stars, while Phala Network has no data
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Watchers
Algorand has 921 watchers, while Phala Network has no data
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Algorand vs Phala Network Financials New
Chain Revenue
Algorand chain revenue is $206.9, while Phala Network has no data
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is $0.0002581, while Phala Network has no data
Data from Chainspect
Price
Algorand price is $0.1507, while Phala Network has no data
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Market Cap
Algorand market cap is $1.325B, while Phala Network has no data
Data from Chainspect
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 Phala Network
Phala Network tackles the issue of trust in the computation cloud.