Celo vs Algorand Scalability
Real-time TPS
Celo TPS is 3.26X higher than Algorand TPS
Max TPS (100 blocks)
Celo max TPS is 95.3% lower than Algorand max TPS
Max Theoretical TPS
Celo max theoretical TPS is 94.92% lower than Algorand max theoretical TPS
Transaction Volume
Celo transaction volume is 3.26X higher than Algorand transaction volume
Block Time
Celo block time is 64.45% shorter than Algorand block time
Finality
Celo finality is 100% longer than Algorand finality
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 Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 91.66% lower than Algorand Nakamoto Coefficient
Validators
Celo has 99.94% fewer validators than Algorand
Stake
Celo has no data, while Algorand stake is $481.1M
Consensus Mechanism
Celo is Rollup (Optimistic), while Algorand is Pure Proof of Stake
Governance
Celo and Algorand governance are both on-chain
Celo vs Algorand Real-Time TPS Chart
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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.