Cronos vs Algorand

Cronos vs Algorand Scalability

Real-time TPS

Chainspect

Cronos TPS is 82.96% lower than Algorand TPS

Cronos logo
1.7 tx/s
Algorand logo
10.01 tx/s

Max TPS (100 blocks)

Chainspect

Cronos max TPS is 97.52% lower than Algorand max TPS

Cronos logo
141.7 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Cronos max theoretical TPS is 42.56% lower than Algorand max theoretical TPS

Cronos logo
5,390 tx/s
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Cronos transaction volume is 82.96% lower than Algorand transaction volume

Cronos logo
6,137 txns
Algorand logo
36,019 txns

Block Time

Chainspect

Cronos block time is 80.4% shorter than Algorand block time

Cronos logo
0.55s
Algorand logo
2.83s

Finality

Chainspect

Cronos finality is the same as Algorand finality

Cronos logo
0s
Algorand logo
0s

Type

Chainspect

Cronos and Algorand are both layer 1 blockchains

Cronos logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Cronos was launched 2 years after Algorand

Cronos logo
Nov 8, 2021
Algorand logo
Jun 12, 2019

Cronos vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Cronos Nakamoto Coefficient is 66.66% lower than Algorand Nakamoto Coefficient

Cronos logo
4
Algorand logo
12

Validators

Chainspect

Cronos has 94.73% fewer validators than Algorand

Cronos logo
100
Algorand logo
1,899

Stake

Chainspect

Cronos stake is 3.47X higher than Algorand stake

Cronos logo
$1.795B
Algorand logo
$517.7M

Consensus Mechanism

Chainspect

Cronos is PoS, while Algorand is Pure Proof of Stake

Cronos logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Governance

Chainspect

Cronos and Algorand governance are both on-chain

Cronos logo
On-chain
Algorand logo
On-chain

Cronos vs Algorand Real-Time TPS Chart

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Other 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.

Blockchains Socials

Cronos Socials

Algorand Socials