Electroneum vs Algorand Scalability
Real-time TPS
Electroneum has no data, while Algorand TPS is 4.67 tx/s
Max TPS (100 blocks)
Electroneum has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Electroneum has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Electroneum has no data, while Algorand transaction volume is 16,812 txns
Block Time
Electroneum has no data, while Algorand block time is 2.78s
Finality
Electroneum has no data, while Algorand finality is 0s
Type
Electroneum has no data, while Algorand is a layer 1 blockchain
Launch Date
Electroneum has no data, while Algorand was launched on Jun 12, 2019
Electroneum vs Algorand Decentralization New
Nakamoto Coefficient
Electroneum has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Electroneum has no data, while Algorand has 1,903 validators
Stake/Hashrate
Electroneum has no data, while Algorand stake is $481.1M
Consensus Mechanism
Electroneum has no data, while Algorand is Pure Proof of Stake
Governance
Electroneum has no data, while Algorand governance is on-chain
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.