Electra Protocol vs Algorand

Real-time TPS

Chainspect

Electra Protocol TPS is coming soon, while Algorand TPS is 12.88 tx/s

Electra Protocol logo
Soon
Algorand logo
12.88 tx/s

Max TPS (100 blocks)

Chainspect

Electra Protocol max TPS is coming soon, while Algorand max TPS is 5,716 tx/s

Electra Protocol logo
Soon
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Electra Protocol max theoretical TPS is coming soon, while Algorand max theoretical TPS is 9,384 tx/s

Electra Protocol logo
Soon
Algorand logo
9,384 tx/s
New

Total Transactions

Chainspect

Electra Protocol total txns is coming soon, while Algorand total txns is 46,351 txns

Electra Protocol logo
Soon
Algorand logo
46,351 txns

Block Time

Chainspect

Electra Protocol block time is coming soon, while Algorand block time is 2.83s

Electra Protocol logo
Soon
Algorand logo
2.83s

Finality

Chainspect

Electra Protocol finality is coming soon, while Algorand finality is 0s

Electra Protocol logo
Soon
Algorand logo
0s

Nakamoto Coefficient

Chainspect

Electra Protocol and Algorand nakamoto coefficient are both coming soon

Electra Protocol logo
Soon
Algorand logo
Soon

Active Addresses

Chainspect

Electra Protocol and Algorand active addresses are both coming soon

Electra Protocol logo
Soon
Algorand logo
Soon

Governance

Chainspect

Electra Protocol governance is coming soon, while Algorand governance is on-chain

Electra Protocol logo
Soon
Algorand logo
On-chain

Type

Chainspect

Electra Protocol type is unknown, while Algorand is a layer 1 blockchain

Electra Protocol logo
Soon
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

The Electra Protocol launch date is unknown, while Algorand was launched on Jun 12, 2019

Electra Protocol logo
Soon
Algorand logo
Jun 12, 2019

Other 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.

Blockchains Socials

Electra Protocol Socials

Algorand Socials