Energy Web X vs Algorand

Energy Web X vs Algorand Scalability

Real-time TPS

Chainspect

Energy Web X has no data, while Algorand TPS is 8.26 tx/s

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8.26 tx/s

Max TPS (100 blocks)

Chainspect

Energy Web X has no data, while Algorand max TPS is 5,716 tx/s

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5,716 tx/s

Max Theoretical TPS

Chainspect

Energy Web X has no data, while Algorand max theoretical TPS is 9,384 tx/s

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9,384 tx/s

Transaction Volume

Chainspect

Energy Web X has no data, while Algorand transaction volume is 29,721 txns

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29,721 txns

Block Time

Chainspect

Energy Web X has no data, while Algorand block time is 2.82s

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2.82s

Finality

Chainspect

Energy Web X has no data, while Algorand finality is 0s

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0s

Type

Chainspect

Energy Web X has no data, while Algorand is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

Energy Web X has no data, while Algorand was launched on Jun 12, 2019

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Jun 12, 2019

Energy Web X vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Energy Web X has no data, while Algorand Nakamoto Coefficient is 12

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12

Validators/Miners

Chainspect

Energy Web X has no data, while Algorand has 1,903 validators

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1,903

Stake/Hashrate

Chainspect

Energy Web X has no data, while Algorand stake is $481.1M

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$481.1M

Consensus Mechanism

Chainspect

Energy Web X has no data, while Algorand is Pure Proof of Stake

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Pure Proof of Stake

Governance

Chainspect

Energy Web X has no data, while Algorand governance is on-chain

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On-chain

Other Comparisons

About Blockchains

About Energy Web X

The Energy Web is unleashing blockchain’s potential in the energy sector. Energy Web Foundation (EWF) has pioneered an enterprise-grade blockchain platform tailored to the sector’s regulatory, operational, and market needs.

EWF is the world's largest energy blockchain ecosystem—a growing community of over 100 energy market participants who we work with to bring energy blockchain solutions to market. The Energy Web has become the industry’s largest energy blockchain ecosystem and leading choice for decentralized technology powering the world’s energy future.

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

Energy Web X Socials

Algorand Socials