HYCHAIN vs Algorand Scalability
Real-time TPS
HYCHAIN has no data, while Algorand TPS is 8.26 tx/s
Max TPS (100 blocks)
HYCHAIN has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
HYCHAIN has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
HYCHAIN has no data, while Algorand transaction volume is 29,721 txns
Block Time
HYCHAIN has no data, while Algorand block time is 2.82s
Finality
HYCHAIN has no data, while Algorand finality is 0s
Type
HYCHAIN has no data, while Algorand is a layer 1 blockchain
Launch Date
HYCHAIN has no data, while Algorand was launched on Jun 12, 2019
HYCHAIN vs Algorand Decentralization New
Nakamoto Coefficient
HYCHAIN has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
HYCHAIN has no data, while Algorand has 1,903 validators
Stake/Hashrate
HYCHAIN has no data, while Algorand stake is $481.1M
Consensus Mechanism
HYCHAIN has no data, while Algorand is Pure Proof of Stake
Governance
HYCHAIN has no data, while Algorand governance is on-chain
Other Comparisons
HYCHAIN Comparisons
About Blockchains
About HYCHAIN
HYCHAIN is an L2 blockchain designed to empower both gamers and game-developers in Web3 by eliminating friction associated with onboarding and development on-chain, empowering games aiming for widespread adoption.
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.