Algorand vs Polkadex

Algorand vs Polkadex Scalability

Real-time TPS

Chainspect

Algorand TPS is 5,838X higher than Polkadex TPS

Algorand logo
4.67 tx/s
Polkadex logo
0.0008 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 7,251X higher than Polkadex max TPS

Algorand logo
5,716 tx/s
Polkadex logo
0.79 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 6.26X higher than Polkadex max theoretical TPS

Algorand logo
9,384 tx/s
Polkadex logo
1,500 tx/s

Transaction Volume

Chainspect

Algorand transaction volume is 5,604X higher than Polkadex transaction volume

Algorand logo
16,812 txns
Polkadex logo
3 txns

Block Time

Chainspect

Algorand block time is 76.8% shorter than Polkadex block time

Algorand logo
2.78s
Polkadex logo
12s

Finality

Chainspect

Algorand finality is 100% shorter than Polkadex finality

Algorand logo
0s
Polkadex logo
30s

Type

Chainspect

Algorand and Polkadex are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Polkadex logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 2 years before Polkadex

Algorand logo
Jun 12, 2019
Polkadex logo
Sep 26, 2021

Algorand vs Polkadex Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 12, while Polkadex has no data

Algorand logo
12
Polkadex logo

Validators

Chainspect

Algorand has 1,903 validators, while Polkadex has no data

Algorand logo
1,903
Polkadex logo

Stake

Chainspect

Algorand stake is $481.1M, while Polkadex has no data

Algorand logo
$481.1M
Polkadex logo

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while Polkadex is PoS

Algorand logo
Pure Proof of Stake
Polkadex logo
Proof of Stake (PoS)

Governance

Chainspect

Algorand and Polkadex governance are both on-chain

Algorand logo
On-chain
Polkadex logo
On-chain

Algorand vs Polkadex Real-Time TPS Chart

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Other 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 Polkadex

Polkadex is a decentralized exchange (DEX) built on the Polkadot network. It offers high-performance, low-latency trading with a fully decentralized order book. Users can trade assets across different parachains within the Polkadot ecosystem and external blockchains connected via bridges. Polkadex uses L2 scaling solutions for fast, efficient trading and operates on a non-custodial model, allowing users to retain control of their funds at all times.

Blockchains Socials

Algorand Socials

Polkadex Socials