Areon vs Algorand
Areon vs Algorand Scalability
Real-time TPS
Areon has no data, while Algorand TPS is 5.36 tx/s
Max TPS (100 blocks)
Areon has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Areon has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Areon has no data, while Algorand transaction volume is 19,289 txns
Block Time
Areon has no data, while Algorand block time is 2.85s
Finality
Areon has no data, while Algorand finality is 0s
Type
Areon has no data, while Algorand is a layer 1 blockchain
Launch Date
Areon has no data, while Algorand was launched on Jun 12, 2019
Areon vs Algorand Decentralization
Nakamoto Coefficient
Areon has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Areon has no data, while Algorand has 1,869 validators
Stake/Hashrate
Areon has no data, while Algorand stake is $455.2M
Consensus Mechanism
Areon has no data, while Algorand is Pure Proof of Stake
Governance
Areon has no data, while Algorand governance is on-chain
Areon vs Algorand Developer Activity New
Developers
Areon has no data, while Algorand has 536 developers
Repos
Areon has no data, while Algorand has 160 repos
Commits
Areon has no data, while Algorand has 35,326 commits
Stars
Areon has no data, while Algorand has 5,061 stars
Watchers
Areon has no data, while Algorand has 980 watchers
Other Comparisons
Areon 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.