Compare Algorand vs Reddio
Open in ChatGPTAlgorand vs Reddio Scalability
Real-time TPS (1H)
Algorand TPS is 7.31 tx/s, while Reddio has no data
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Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Reddio has no data
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Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Reddio has no data
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Transaction Volume (1H)
Algorand transaction volume is 26.3K txns, while Reddio has no data
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Block Time (1H)
Algorand block time is 2.81s, while Reddio has no data
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Finality
Algorand finality is 0s, while Reddio has no data
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Type
Algorand is a layer 1 blockchain, while Reddio has no data
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Total Transactions (All time)
Algorand has 3.32B total transactions, while Reddio has no data
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Launch Date
Algorand was launched on Jun 12, 2019, while the Reddio has no data
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Algorand vs Reddio Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Reddio has no data
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Validators/Miners
Algorand has 1,746 validators, while Reddio has no data
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Stake/Hashrate
Algorand stake is $223M, while Reddio has no data
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Consensus Mechanism
Algorand is Pure Proof of Stake, while Reddio has no data
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Governance
Algorand governance is on-chain, while Reddio has no data
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Algorand vs Reddio Developer Activity
Developers
Algorand has 543 developers, while Reddio has no data
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Commits
Algorand has 38,848 commits, while Reddio has no data
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Repos
Algorand has 172 repos, while Reddio has no data
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Stars
Algorand has 5,107 stars, while Reddio has no data
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Watchers
Algorand has 925 watchers, while Reddio has no data
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Algorand vs Reddio Financials New
Chain Revenue
Algorand chain revenue is $116.7, while Reddio has no data
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Average Transaction Fee
Algorand average transaction fee is $0.0001747, while Reddio has no data
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Market Cap
Algorand market cap is $988M, while Reddio has no data
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FDV
Algorand FDV is $1.118B, while Reddio has no data
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Market Cap / FDV
Algorand Market Cap to FDV ratio is 88.35%, while Reddio has no data
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Price
Algorand price is $0.1118, while Reddio has no data
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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 Reddio
High performance parallel Ethereum-compatible Layer 2, leveraging zero-knowledge technology to achieve unrivaled computation scale with Ethereum-level security.