Areon vs Algorand

Areon vs Algorand Scalability

Real-time TPS

Chainspect

Areon has no data, while Algorand TPS is 4.67 tx/s

A
Algorand logo
4.67 tx/s

Max TPS (100 blocks)

Chainspect

Areon has no data, while Algorand max TPS is 5,716 tx/s

A
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Areon has no data, while Algorand max theoretical TPS is 9,384 tx/s

A
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Areon has no data, while Algorand transaction volume is 16,812 txns

A
Algorand logo
16,812 txns

Block Time

Chainspect

Areon has no data, while Algorand block time is 2.78s

A
Algorand logo
2.78s

Finality

Chainspect

Areon has no data, while Algorand finality is 0s

A
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0s

Type

Chainspect

Areon has no data, while Algorand is a layer 1 blockchain

A
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Areon has no data, while Algorand was launched on Jun 12, 2019

A
Algorand logo
Jun 12, 2019

Areon vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Areon has no data, while Algorand Nakamoto Coefficient is 12

A
Algorand logo
12

Validators/Miners

Chainspect

Areon has no data, while Algorand has 1,903 validators

A
Algorand logo
1,903

Stake/Hashrate

Chainspect

Areon has no data, while Algorand stake is $481.1M

A
Algorand logo
$481.1M

Consensus Mechanism

Chainspect

Areon has no data, while Algorand is Pure Proof of Stake

A
Algorand logo
Pure Proof of Stake

Governance

Chainspect

Areon has no data, while Algorand governance is on-chain

A
Algorand logo
On-chain

Other Comparisons

About Blockchains

About Areon

Areon Chain is a revolutionary Layer-1 blockchain that sets new standards in the crypto world with its groundbreaking speed and security. Utilizing the unique "Proof of AREA" algorithm, Areon Chain successfully merges security and speed. Within the system, validator and delegator mechanisms exist, encouraging wider community participation and enhancing the overall robustness of the network.

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.

Blockchains Socials

Areon Socials

Algorand Socials