Chainlink vs Algorand

Chainlink vs Algorand Scalability

Real-time TPS

Chainspect

Chainlink has no data, while Algorand TPS is 5.24 tx/s

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5.24 tx/s

Max TPS (100 blocks)

Chainspect

Chainlink has no data, while Algorand max TPS is 5,716 tx/s

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5,716 tx/s

Max Theoretical TPS

Chainspect

Chainlink has no data, while Algorand max theoretical TPS is 9,384 tx/s

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9,384 tx/s

Transaction Volume

Chainspect

Chainlink has no data, while Algorand transaction volume is 18,864 txns

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Algorand logo
18,864 txns

Block Time

Chainspect

Chainlink has no data, while Algorand block time is 2.82s

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2.82s

Finality

Chainspect

Chainlink has no data, while Algorand finality is 0s

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0s

Type

Chainspect

Chainlink has no data, while Algorand is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

Chainlink has no data, while Algorand was launched on Jun 12, 2019

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Jun 12, 2019

Chainlink vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Chainlink has no data, while Algorand Nakamoto Coefficient is 12

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12

Validators/Miners

Chainspect

Chainlink has no data, while Algorand has 1,913 validators

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1,913

Stake/Hashrate

Chainspect

Chainlink has no data, while Algorand stake is $464.4M

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$464.4M

Consensus Mechanism

Chainspect

Chainlink has no data, while Algorand is Pure Proof of Stake

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Pure Proof of Stake

Governance

Chainspect

Chainlink has no data, while Algorand governance is on-chain

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On-chain

Other Comparisons

About Blockchains

About Chainlink

Chainlink connects existing systems to any public or private blockchain and enables secure cross-chain communication. World-class developer experience.

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.

Blockchains Socials

Chainlink Socials

Algorand Socials