GOAT Network vs Algorand

GOAT Network vs Algorand Scalability

Real-time TPS

Chainspect

GOAT Network has no data, while Algorand TPS is 5.07 tx/s

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5.07 tx/s

Max TPS (100 blocks)

Chainspect

GOAT Network has no data, while Algorand max TPS is 5,716 tx/s

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5,716 tx/s

Max Theoretical TPS

Chainspect

GOAT Network has no data, while Algorand max theoretical TPS is 9,384 tx/s

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Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

GOAT Network has no data, while Algorand transaction volume is 18,267 txns

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Algorand logo
18,267 txns

Block Time

Chainspect

GOAT Network has no data, while Algorand block time is 2.81s

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2.81s

Finality

Chainspect

GOAT Network has no data, while Algorand finality is 0s

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0s

Type

Chainspect

GOAT Network has no data, while Algorand is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

GOAT Network has no data, while Algorand was launched on Jun 12, 2019

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Algorand logo
Jun 12, 2019

GOAT Network vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

GOAT Network has no data, while Algorand Nakamoto Coefficient is 12

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12

Validators/Miners

Chainspect

GOAT Network has no data, while Algorand has 1,903 validators

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1,903

Stake/Hashrate

Chainspect

GOAT Network has no data, while Algorand stake is $481.1M

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$481.1M

Consensus Mechanism

Chainspect

GOAT Network has no data, while Algorand is Pure Proof of Stake

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Pure Proof of Stake

Governance

Chainspect

GOAT Network has no data, while Algorand governance is on-chain

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On-chain

Other Comparisons

About Blockchains

About GOAT Network

GOAT is a Layer 2 blockchain network, designed to make the parent Bitcoin chain faster, cheaper, and more versatile, while also giving you the ability to earn sustainable yield on your BTC.

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

GOAT Network Socials

Algorand Socials