Compare Electroneum vs Algorand
Electroneum vs Algorand Scalability
Real-time TPS (1H)
Electroneum has no data, while Algorand TPS is 6.62 tx/s
Data from Chainspect
Max TPS (100 blocks)
Electroneum has no data, while Algorand max TPS is 5,716 tx/s
Data from Chainspect
Max Theoretical TPS
Electroneum has no data, while Algorand max theoretical TPS is 9,384 tx/s
Data from Chainspect
Transaction Volume (1H)
Electroneum has no data, while Algorand transaction volume is 23.8K txns
Data from Chainspect
Block Time (1H)
Electroneum has no data, while Algorand block time is 2.81s
Data from Chainspect
Finality
Electroneum has no data, while Algorand finality is 0s
Data from Chainspect
Type
Electroneum has no data, while Algorand is a layer 1 blockchain
Data from Chainspect
Total Transactions
Electroneum has no data, while Algorand has 3.26B total transactions
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Launch Date
Electroneum has no data, while Algorand was launched on Jun 12, 2019
Data from Chainspect
Electroneum vs Algorand Decentralization
Nakamoto Coefficient
Electroneum has no data, while Algorand Nakamoto Coefficient is 12
Data from Chainspect
Validators/Miners
Electroneum has no data, while Algorand has 1,839 validators
Data from Chainspect
Stake/Hashrate
Electroneum has no data, while Algorand stake is $346.7M
Data from Chainspect
Consensus Mechanism
Electroneum has no data, while Algorand is Pure Proof of Stake
Data from Chainspect
Governance
Electroneum has no data, while Algorand governance is on-chain
Data from Chainspect
Electroneum vs Algorand Developer Activity New
Developers
Electroneum has no data, while Algorand has 537 developers
Data from Chainspect
Repos
Electroneum has no data, while Algorand has 161 repos
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Commits
Electroneum has no data, while Algorand has 36,937 commits
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Stars
Electroneum has no data, while Algorand has 5,090 stars
Data from Chainspect
Watchers
Electroneum has no data, while Algorand has 923 watchers
Data from Chainspect
Other Comparisons
Electroneum Comparisons
About Blockchains
About Electroneum
Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality and potentially the lowest smart contract fees available. Powered by the IBFT consensus mechanism and supported by known validators (targeting universities and Web3 infrastructure companies), the network is incredibly fast, secure and energy efficient.
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.