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- Centrifuge Chain vs Algorand
Centrifuge Chain vs Algorand Scalability
Real-time TPS
Centrifuge Chain has no data, while Algorand TPS is 5.07 tx/s
Max TPS (100 blocks)
Centrifuge Chain has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Centrifuge Chain has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Centrifuge Chain has no data, while Algorand transaction volume is 18,267 txns
Block Time
Centrifuge Chain has no data, while Algorand block time is 2.81s
Finality
Centrifuge Chain has no data, while Algorand finality is 0s
Type
Centrifuge Chain has no data, while Algorand is a layer 1 blockchain
Launch Date
Centrifuge Chain has no data, while Algorand was launched on Jun 12, 2019
Centrifuge Chain vs Algorand Decentralization New
Nakamoto Coefficient
Centrifuge Chain has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Centrifuge Chain has no data, while Algorand has 1,903 validators
Stake/Hashrate
Centrifuge Chain has no data, while Algorand stake is $481.1M
Consensus Mechanism
Centrifuge Chain has no data, while Algorand is Pure Proof of Stake
Governance
Centrifuge Chain has no data, while Algorand governance is on-chain
Other Comparisons
Centrifuge Chain Comparisons
About Blockchains
About Centrifuge Chain
Centrifuge is the infrastructure that facilitates the decentralized financing of real-world assets natively on-chain, creating a fully transparent market which allows borrowers and lenders to transact without unnecessary intermediaries.
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.