Real-time TPS
Areon TPS is coming soon, while Algorand TPS is 8.97 tx/s
Max TPS (100 blocks)
Areon max TPS is coming soon, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Areon max theoretical TPS is coming soon, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Areon transaction volume is coming soon, while Algorand transaction volume is 32,299 txns
Block Time
Areon block time is coming soon, while Algorand block time is 2.81s
Finality
Areon finality is coming soon, while Algorand finality is 0s
Nakamoto Coefficient
Areon and Algorand nakamoto coefficient are both coming soon
Active Addresses
Areon and Algorand active addresses are both coming soon
Governance
Areon governance is coming soon, while Algorand governance is on-chain
Type
Areon type is unknown, while Algorand is a layer 1 blockchain
Launch Date
The Areon launch date is unknown, while Algorand was launched on Jun 12, 2019
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.