Real-time TPS
Chainspect
Algorand TPS is 92.64% less than Taraxa TPS
11.37 tx/s
154.6 tx/s
Max TPS (100 blocks)
Chainspect
Algorand max TPS is 1.17X more than Taraxa max TPS
5,716 tx/s
4,906 tx/s
Max Theoretical TPS
Chainspect
Algorand max theoretical TPS is 81.23% less than Taraxa max theoretical TPS
9,384 tx/s
50,000 tx/s
New
Total Transactions
Chainspect
Algorand total txns is 92.64% less than Taraxa total txns
40,935 txns
556,529 txns
Block Time
Chainspect
Algorand block time is 21.54% less than Taraxa block time
2.81s
3.58s
Finality
Chainspect
Algorand finality is the same as Taraxa finality
0s
0s
Nakamoto Coefficient
Chainspect
Algorand and Taraxa nakamoto coefficient are both coming soon
Soon
Soon
Active Addresses
Chainspect
Algorand and Taraxa active addresses are both coming soon
Soon
Soon
Governance
Chainspect
Algorand on-chain governance is better than Taraxa council governance
On-chain
Council
Type
Chainspect
Algorand and Taraxa are both layer 1 blockchains
Layer 1 blockchain
Layer 1 blockchain
Launch Date
Chainspect
Algorand was launched 4 years before Taraxa
Jun 12, 2019
Apr 3, 2023
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.