Compare Algorand vs Reddio
Algorand vs Reddio Scalability
Real-time TPS (1H)
Algorand TPS is 7.31 tx/s, while Reddio has no data
Data from Chainspect
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
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 26.3K txns, while Reddio has no data
Data from Chainspect
Block Time (1H)
Algorand block time is 2.8s, while Reddio has no data
Data from Chainspect
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
Algorand has 3.29B 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
Data from Chainspect
Algorand vs Reddio Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Reddio has no data
Data from Chainspect
Validators/Miners
Algorand has 1,802 validators, while Reddio has no data
Data from Chainspect
Stake/Hashrate
Algorand stake is $349M, while Reddio has no data
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Reddio has no data
Data from Chainspect
Governance
Algorand governance is on-chain, while Reddio has no data
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Algorand vs Reddio Developer Activity
Developers
Algorand has 539 developers, while Reddio has no data
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Repos
Algorand has 166 repos, while Reddio has no data
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Commits
Algorand has 37,758 commits, while Reddio has no data
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Stars
Algorand has 5,106 stars, while Reddio has no data
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Watchers
Algorand has 922 watchers, while Reddio has no data
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Algorand vs Reddio Financials New
Chain Revenue
Algorand chain revenue is $217, while Reddio has no data
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is $0.0002934, while Reddio has no data
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Price
Algorand price is $0.1793, while Reddio has no data
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Market Cap
Algorand market cap is $1.577B, while Reddio 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 Reddio
High performance parallel Ethereum-compatible Layer 2, leveraging zero-knowledge technology to achieve unrivaled computation scale with Ethereum-level security.