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- Cronos vs Algorand
Cronos vs Algorand Scalability
Real-time TPS
Cronos TPS is 82.96% lower than Algorand TPS
Max TPS (100 blocks)
Cronos max TPS is 97.52% lower than Algorand max TPS
Max Theoretical TPS
Cronos max theoretical TPS is 42.56% lower than Algorand max theoretical TPS
Transaction Volume
Cronos transaction volume is 82.96% lower than Algorand transaction volume
Block Time
Cronos block time is 80.4% shorter than Algorand block time
Finality
Cronos finality is the same as Algorand finality
Type
Cronos and Algorand are both layer 1 blockchains
Launch Date
Cronos was launched 2 years after Algorand
Cronos vs Algorand Decentralization New
Nakamoto Coefficient
Cronos Nakamoto Coefficient is 66.66% lower than Algorand Nakamoto Coefficient
Validators
Cronos has 94.73% fewer validators than Algorand
Stake
Cronos stake is 3.47X higher than Algorand stake
Consensus Mechanism
Cronos is PoS, while Algorand is Pure Proof of Stake
Governance
Cronos and Algorand governance are both on-chain
Cronos vs Algorand Real-Time TPS Chart
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Cronos Comparisons
About Blockchains
About 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.
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.