Electra Protocol vs Algorand
Electra Protocol vs Algorand Scalability
Real-time TPS
Electra Protocol has no data, while Algorand TPS is 5.81 tx/s
Max TPS (100 blocks)
Electra Protocol has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Electra Protocol has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Electra Protocol has no data, while Algorand transaction volume is 20,923 txns
Block Time
Electra Protocol has no data, while Algorand block time is 2.88s
Finality
Electra Protocol has no data, while Algorand finality is 0s
Type
Electra Protocol has no data, while Algorand is a layer 1 blockchain
Launch Date
Electra Protocol has no data, while Algorand was launched on Jun 12, 2019
Electra Protocol vs Algorand Decentralization
Nakamoto Coefficient
Electra Protocol has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Electra Protocol has no data, while Algorand has 1,874 validators
Stake/Hashrate
Electra Protocol has no data, while Algorand stake is $474.3M
Consensus Mechanism
Electra Protocol has no data, while Algorand is Pure Proof of Stake
Governance
Electra Protocol has no data, while Algorand governance is on-chain
Electra Protocol vs Algorand Developer Activity New
Developers
Electra Protocol has no data, while Algorand has 536 developers
Repos
Electra Protocol has no data, while Algorand has 160 repos
Commits
Electra Protocol has no data, while Algorand has 35,374 commits
Stars
Electra Protocol has no data, while Algorand has 5,061 stars
Watchers
Electra Protocol has no data, while Algorand has 980 watchers
Other Comparisons
Electra Protocol Comparisons
About Blockchains
About Electra Protocol
Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.
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.