Algorand vs Taraxa

Algorand vs Taraxa Scalability

Real-time TPS

Chainspect

Algorand TPS is 98.76% lower than Taraxa TPS

Algorand logo
6.19 tx/s
Taraxa logo
501.4 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 1.17X higher than Taraxa max TPS

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

Max Theoretical TPS

Chainspect

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

Transaction Volume

Chainspect

Algorand transaction volume is 98.76% lower than Taraxa transaction volume

Algorand logo
22,277 txns
Taraxa logo
1,805,187 txns

Block Time

Chainspect

Algorand block time is 39.52% shorter than Taraxa block time

Algorand logo
2.79s
Taraxa logo
4.61s

Finality

Chainspect

Algorand finality is the same as Taraxa finality

Algorand logo
0s
Taraxa logo
0s

Type

Chainspect

Algorand and Taraxa are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Taraxa logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 4 years before Taraxa

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

Algorand vs Taraxa Decentralization

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 14.28% lower than Taraxa Nakamoto Coefficient

Algorand logo
12
Taraxa logo
14

Validators

Chainspect

Algorand has 21X more validators than Taraxa

Algorand logo
1,867
Taraxa logo
87

Stake

Chainspect

Algorand stake is 84X higher than Taraxa stake

Algorand logo
$466M
Taraxa logo
$5.528M

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while Taraxa is PoS

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

Governance

Chainspect

Algorand on-chain governance is better than Taraxa council governance

Algorand logo
On-chain
Taraxa logo
Council

Algorand vs Taraxa Developer Activity New

Developers

Chainspect

Algorand has 1.09X more developers than Taraxa

Algorand logo
536
Taraxa logo
490

Repos

Chainspect

Algorand has 4.57X more repos than Taraxa

Algorand logo
160
Taraxa logo
35

Commits

Chainspect

Algorand has 1.5X more commits than Taraxa

Algorand logo
35,276
Taraxa logo
23,484

Stars

Chainspect

Algorand has 66X more stars than Taraxa

Algorand logo
5,059
Taraxa logo
77

Watchers

Chainspect

Algorand has 4.36X more watchers than Taraxa

Algorand logo
981
Taraxa logo
225

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