Compare Algorand vs Taraxa
Open in ChatGPTAlgorand vs Taraxa Scalability
Real-time TPS (1H)
Algorand TPS is 86.41% lower than Taraxa TPS
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 1.17X higher than Taraxa max TPS
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 81.23% lower than Taraxa max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 86.41% lower than Taraxa transaction volume
Data from Chainspect
Block Time (1H)
Algorand block time is 23.71% shorter than Taraxa block time
Data from Chainspect
Finality
Algorand finality is the same as Taraxa finality
Data from Chainspect
Type
Algorand and Taraxa are both layer 1 blockchains
Data from Chainspect
Total Transactions
Algorand has 63.07% fewer total transactions than Taraxa
Data from Chainspect
Launch Date
Algorand was launched 4 years before Taraxa
Data from Chainspect
Algorand vs Taraxa Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is the same as Taraxa Nakamoto Coefficient
Data from Chainspect
Validators
Algorand has 26X more validators than Taraxa
Data from Chainspect
Stake
Algorand stake is 258X higher than Taraxa stake
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Taraxa is PoS
Data from Chainspect
Governance
Algorand on-chain governance is better than Taraxa council governance
Data from Chainspect
Algorand vs Taraxa Developer Activity
Developers
Algorand has 1.11X more developers than Taraxa
Data from Chainspect
Commits
Algorand has 1.68X more commits than Taraxa
Data from Chainspect
Repos
Algorand has 4.97X more repos than Taraxa
Data from Chainspect
Stars
Algorand has 62X more stars than Taraxa
Data from Chainspect
Watchers
Algorand has 4.93X more watchers than Taraxa
Data from Chainspect
Algorand vs Taraxa Financials New
Chain Revenue
Algorand chain revenue is 953X higher than Taraxa chain revenue
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is 8,051X higher than Taraxa average transaction fee
Data from Chainspect
Market Cap
Algorand market cap is 529X higher than Taraxa market cap
Data from Chainspect
FDV
Algorand FDV is 297X higher than Taraxa FDV
Data from Chainspect
Market Cap / FDV
Algorand Market Cap to FDV ratio is 1.78X higher than Taraxa Market Cap to FDV ratio
Data from Chainspect
Price
Algorand price is 357X higher than Taraxa price
Data from Chainspect
Algorand vs Taraxa 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 Taraxa
Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.