Algorand vs Taraxa Scalability
Real-time TPS
Algorand TPS is 99.35% lower than Taraxa TPS
Max TPS (100 blocks)
Algorand max TPS is 1.17X higher than Taraxa max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 81.23% lower than Taraxa max theoretical TPS
Transaction Volume
Algorand transaction volume is 99.35% lower than Taraxa transaction volume
Block Time
Algorand block time is 22.76% shorter than Taraxa block time
Finality
Algorand finality is the same as Taraxa finality
Type
Algorand and Taraxa are both layer 1 blockchains
Launch Date
Algorand was launched 4 years before Taraxa
Algorand vs Taraxa Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 7.69% lower than Taraxa Nakamoto Coefficient
Validators
Algorand has 22X more validators than Taraxa
Stake
Algorand stake is 86X higher than Taraxa stake
Consensus Mechanism
Algorand is Pure Proof of Stake, while Taraxa is PoS
Governance
Algorand on-chain governance is better than Taraxa council governance
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.