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- Ink vs Algorand
Ink vs Algorand Scalability
Real-time TPS
Ink has no data, while Algorand TPS is 5.07 tx/s
Max TPS (100 blocks)
Ink has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Ink has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Ink has no data, while Algorand transaction volume is 18,267 txns
Block Time
Ink has no data, while Algorand block time is 2.81s
Finality
Ink has no data, while Algorand finality is 0s
Type
Ink has no data, while Algorand is a layer 1 blockchain
Launch Date
Ink has no data, while Algorand was launched on Jun 12, 2019
Ink vs Algorand Decentralization New
Nakamoto Coefficient
Ink has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Ink has no data, while Algorand has 1,903 validators
Stake/Hashrate
Ink has no data, while Algorand stake is $481.1M
Consensus Mechanism
Ink has no data, while Algorand is Pure Proof of Stake
Governance
Ink has no data, while Algorand governance is on-chain
Other Comparisons
Ink Comparisons
About Blockchains
About Ink
Ink is a cutting-edge Layer 2 (L2) blockchain built on Optimism's Superchain and released by Kraken. As a natural evolution of our mission, Ink will serve as a seamless bridge to DeFi, empowering users to move onchain with confidence and ease. Join the community today.
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.