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- Boba Network vs Algorand
Boba Network vs Algorand Scalability
Real-time TPS
Boba Network has no data, while Algorand TPS is 5.15 tx/s
Max TPS (100 blocks)
Boba Network has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Boba Network has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Boba Network has no data, while Algorand transaction volume is 18,524 txns
Block Time
Boba Network has no data, while Algorand block time is 2.81s
Finality
Boba Network has no data, while Algorand finality is 0s
Type
Boba Network has no data, while Algorand is a layer 1 blockchain
Launch Date
Boba Network has no data, while Algorand was launched on Jun 12, 2019
Boba Network vs Algorand Decentralization New
Nakamoto Coefficient
Boba Network has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Boba Network has no data, while Algorand has 1,903 validators
Stake/Hashrate
Boba Network has no data, while Algorand stake is $481.1M
Consensus Mechanism
Boba Network has no data, while Algorand is Pure Proof of Stake
Governance
Boba Network has no data, while Algorand governance is on-chain
Other Comparisons
Boba Network Comparisons
About Blockchains
About Boba Network
Boba Network is a multichain layer 2 optimistic rollup that aims to unlock the potential of rollup technology and enable interoperability between blockchains and the real world. The protocol is fully compatible with EVM-based tools and has already deployed multichain support for Ethereum and BNB, supporting lightning-fast transactions and lower fees.
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.