- Compare
- Areon vs Algorand
Areon vs Algorand Scalability
Real-time TPS
Areon has no data, while Algorand TPS is 4.67 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 16,812 txns
Block Time
Areon has no data, while Algorand block time is 2.78s
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 New
Nakamoto Coefficient
Areon has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Areon has no data, while Algorand has 1,903 validators
Stake/Hashrate
Areon has no data, while Algorand stake is $481.1M
Consensus Mechanism
Areon has no data, while Algorand is Pure Proof of Stake
Governance
Areon has no data, while Algorand governance is on-chain
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.