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- Arbitrum Nova vs Algorand
Arbitrum Nova vs Algorand Scalability
Real-time TPS
Arbitrum Nova has no data, while Algorand TPS is 4.67 tx/s
Max TPS (100 blocks)
Arbitrum Nova has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Arbitrum Nova has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Arbitrum Nova has no data, while Algorand transaction volume is 16,812 txns
Block Time
Arbitrum Nova has no data, while Algorand block time is 2.78s
Finality
Arbitrum Nova has no data, while Algorand finality is 0s
Type
Arbitrum Nova has no data, while Algorand is a layer 1 blockchain
Launch Date
Arbitrum Nova has no data, while Algorand was launched on Jun 12, 2019
Arbitrum Nova vs Algorand Decentralization New
Nakamoto Coefficient
Arbitrum Nova has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Arbitrum Nova has no data, while Algorand has 1,903 validators
Stake/Hashrate
Arbitrum Nova has no data, while Algorand stake is $481.1M
Consensus Mechanism
Arbitrum Nova has no data, while Algorand is Pure Proof of Stake
Governance
Arbitrum Nova has no data, while Algorand governance is on-chain
Other Comparisons
Arbitrum Nova Comparisons
About Blockchains
About Arbitrum Nova
Arbitrum Nova is a high-performance alternative to Arbitrum One's chain. While Arbitrum One implements the purely trustless Rollup protocol, Arbitrum Nova implements the mostly trustless AnyTrust protocol. The key difference between Rollup and AnyTrust is that the AnyTrust protocol introduces an additional trust assumption in the form of a Data Availability Committee (DAC). This committee (detailed below) is responsible for expediting the process of storing, batching, and posting child chain transaction data to Ethereum's parent chain. This lets you use Arbitrum in scenarios that demand performance and affordability, while Arbitrum One is optimal for scenarios that demand Ethereum's pure trustlessness.
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.