Real-time TPS
Chainspect
Algorand TPS is 38X more than Waterfall TPS
9.07 tx/s
0.24 tx/s
Max TPS (100 blocks)
Chainspect
Algorand max TPS is 54.96% less than Waterfall max TPS
5,716 tx/s
12,693 tx/s
Max Theoretical TPS
Chainspect
Algorand max theoretical TPS is 29.62% less than Waterfall max theoretical TPS
9,384 tx/s
13,333 tx/s
New
Transaction Volume
Chainspect
Algorand transaction volume is 38X more than Waterfall transaction volume
32,665 txns
859 txns
Block Time
Chainspect
Algorand block time is 59.4% less than Waterfall block time
2.79s
6.87s
Finality
Chainspect
Algorand finality is 100% less than Waterfall finality
0s
24s
Nakamoto Coefficient
Chainspect
Algorand and Waterfall nakamoto coefficient are both coming soon
Soon
Soon
Active Addresses
Chainspect
Algorand and Waterfall active addresses are both coming soon
Soon
Soon
Governance
Chainspect
Algorand on-chain governance is better than Waterfall council governance
On-chain
Council
Type
Chainspect
Algorand and Waterfall are both layer 1 blockchains
Layer 1 blockchain
Layer 1 blockchain
Launch Date
Chainspect
Algorand was launched 5 years before Waterfall
Jun 12, 2019
Jul 17, 2024
Algorand vs Waterfall 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 Waterfall
Waterfall is a highly scalable and decentralized BlockDAG EVM-compatible Layer 1 protocol. Low transaction fees and EVM compatibility make Waterfall the platform of choice for Dapps.