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- Algorand vs Polkadex
Algorand vs Polkadex Scalability
Real-time TPS
Algorand TPS is 5,838X higher than Polkadex TPS
Max TPS (100 blocks)
Algorand max TPS is 7,251X higher than Polkadex max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 6.26X higher than Polkadex max theoretical TPS
Transaction Volume
Algorand transaction volume is 5,604X higher than Polkadex transaction volume
Block Time
Algorand block time is 76.8% shorter than Polkadex block time
Finality
Algorand finality is 100% shorter than Polkadex finality
Type
Algorand and Polkadex are both layer 1 blockchains
Launch Date
Algorand was launched 2 years before Polkadex
Algorand vs Polkadex Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Polkadex has no data
Validators
Algorand has 1,903 validators, while Polkadex has no data
Stake
Algorand stake is $481.1M, while Polkadex has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while Polkadex is PoS
Governance
Algorand and Polkadex governance are both on-chain
Algorand vs Polkadex Real-Time TPS Chart
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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 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.