Compare Algorand vs Taraxa

Algorand vs Taraxa Scalability

Real-time TPS (1H)

Algorand TPS is 85.04% lower than Taraxa TPS

Algorand logo
8.62 tx/s
Taraxa logo
57.68 tx/s

Data from Chainspect

Max TPS (100 blocks)

Algorand max TPS is 1.17X higher than Taraxa max TPS

Algorand logo
5,716 tx/s
Taraxa logo
4,906 tx/s

Data from Chainspect

Max Theoretical TPS

Algorand max theoretical TPS is 81.23% lower than Taraxa max theoretical TPS

Algorand logo
9,384 tx/s
Taraxa logo
50,000 tx/s

Data from Chainspect

Transaction Volume (1H)

Algorand transaction volume is 85.04% lower than Taraxa transaction volume

Algorand logo
31K txns
Taraxa logo
208K txns

Data from Chainspect

Block Time (1H)

Algorand block time is 19.48% shorter than Taraxa block time

Algorand logo
2.82s
Taraxa logo
3.51s

Data from Chainspect

Finality

Algorand finality is the same as Taraxa finality

Algorand logo
0s
Taraxa logo
0s

Data from Chainspect

Type

Algorand and Taraxa are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Taraxa logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Algorand has 62.36% fewer total transactions than Taraxa

Algorand logo
3.28B txns
Taraxa logo
8.71B txns

Data from Chainspect

Launch Date

Algorand was launched 4 years before Taraxa

Algorand logo
Jun 12, 2019
Taraxa logo
Apr 3, 2023

Data from Chainspect

Algorand vs Taraxa Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is the same as Taraxa Nakamoto Coefficient

Algorand logo
12
Taraxa logo
12

Data from Chainspect

Validators

Algorand has 27X more validators than Taraxa

Algorand logo
1,835
Taraxa logo
67

Data from Chainspect

Stake

Algorand stake is 150X higher than Taraxa stake

Algorand logo
$361.7M
Taraxa logo
$2.416M

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while Taraxa is PoS

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

Data from Chainspect

Governance

Algorand on-chain governance is better than Taraxa council governance

Algorand logo
On-chain
Taraxa logo
Council

Data from Chainspect

Algorand vs Taraxa Developer Activity

Developers

Algorand has 1.1X more developers than Taraxa

Algorand logo
537
Taraxa logo
489

Data from Chainspect

Repos

Algorand has 4.76X more repos than Taraxa

Algorand logo
162
Taraxa logo
34

Data from Chainspect

Commits

Algorand has 1.63X more commits than Taraxa

Algorand logo
37,236
Taraxa logo
22,829

Data from Chainspect

Stars

Algorand has 62X more stars than Taraxa

Algorand logo
5,092
Taraxa logo
82

Data from Chainspect

Watchers

Algorand has 4.86X more watchers than Taraxa

Algorand logo
919
Taraxa logo
189

Data from Chainspect

Algorand vs Taraxa Financials New

Chain Revenue

Algorand chain revenue is 2,505X higher than Taraxa chain revenue

Algorand logo
$222.4
Taraxa logo
$0.08878

Data from Chainspect

Average Transaction Fee

Algorand average transaction fee is 17,454X higher than Taraxa average transaction fee

Algorand logo
$0.0003071
Taraxa logo
$0.0000000176

Data from Chainspect

Price

Algorand price is 218X higher than Taraxa price

Algorand logo
$0.1706
Taraxa logo
$0.0007822

Data from Chainspect

Market Cap

Algorand market cap is 334X higher than Taraxa market cap

Algorand logo
$1.5B
Taraxa logo
$4.494M

Data from Chainspect

Algorand vs Taraxa Real-Time TPS Chart

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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 Taraxa

Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.

Blockchains Socials

Algorand Socials

Taraxa Socials