Chainova vs Algorand Scalability
Real-time TPS
Chainova has no data, while Algorand TPS is 7.38 tx/s
Max TPS (100 blocks)
Chainova has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Chainova has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Chainova has no data, while Algorand transaction volume is 26,573 txns
Block Time
Chainova has no data, while Algorand block time is 2.83s
Finality
Chainova has no data, while Algorand finality is 0s
Type
Chainova has no data, while Algorand is a layer 1 blockchain
Launch Date
Chainova has no data, while Algorand was launched on Jun 12, 2019
Chainova vs Algorand Decentralization New
Nakamoto Coefficient
Chainova has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Chainova has no data, while Algorand has 1,903 validators
Stake/Hashrate
Chainova has no data, while Algorand stake is $481.1M
Consensus Mechanism
Chainova has no data, while Algorand is Pure Proof of Stake
Governance
Chainova has no data, while Algorand governance is on-chain
Other Comparisons
Chainova Comparisons
About Blockchains
About Chainova
Chainova is the blockchain platform engineered for extreme scalability, seamless interoperability, and certified sustainability.
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.