Real-Time TPS
Cronos TPS is 97.17% less than Algorand TPS
Max Recorded TPS
Cronos max TPS is 97.52% less than Algorand max TPS
Max Theoretical TPS
Cronos max theoretical TPS is 94.56% less than Algorand max theoretical TPS
Block Time
Cronos block time is 1.97X more than Algorand block time
Finality
Cronos finality is the same as Algorand finality
Type
Cronos and Algorand are both layer 1 blockchains
Governance Model
The governance types of Cronos and Algorand are both on-chain
Launch Date
Cronos was launched 2 years after Algorand
Other Comparisons
Cronos Comparisons
About Blockchains
What is Cronos?
Cronos emerges as an interoperable blockchain, streamlining the migration of applications and crypto assets from various chains while prioritizing low transaction costs, rapid throughput, and fast finalization times. It operates as an Ethereum Virtual Machine (EVM)-compatible chain, augmented with support for Inter-Blockchain Communications (IBC) networks based on the Cosmos SDK. This integration empowers developers to create and launch dApps atop the EVM infrastructure.
What is 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.