Real-time TPS
Celo TPS is 23.42% less than Algorand TPS
Max TPS (100 blocks)
Celo max TPS is 95.3% less than Algorand max TPS
Max Theoretical TPS
Celo max theoretical TPS is 94.92% less than Algorand max theoretical TPS
Total Transactions
Celo total txns is 23.42% less than Algorand total txns
Block Time
Celo block time is 64.35% less than Algorand block time
Finality
Celo finality is the same as Algorand finality
Nakamoto Coefficient
Celo and Algorand nakamoto coefficient are both coming soon
Active Addresses
Celo and Algorand active addresses are both coming soon
Governance
Celo and Algorand governance are both coming soon
Type
Celo is a layer 2 blockchain, while Algorand is a layer 1 blockchain
Launch Date
Celo was launched 11 months after Algorand
Celo vs Algorand Real-Time TPS Chart
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Other Comparisons
Celo Comparisons
About Blockchains
About Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.
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.