Litecoin vs Algorand Scalability
Real-time TPS
Litecoin has no data, while Algorand TPS is 8.26 tx/s
Max TPS (100 blocks)
Litecoin has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Litecoin has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Litecoin has no data, while Algorand transaction volume is 29,721 txns
Block Time
Litecoin has no data, while Algorand block time is 2.82s
Finality
Litecoin has no data, while Algorand finality is 0s
Type
Litecoin has no data, while Algorand is a layer 1 blockchain
Launch Date
Litecoin has no data, while Algorand was launched on Jun 12, 2019
Litecoin vs Algorand Decentralization New
Nakamoto Coefficient
Litecoin has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Litecoin has no data, while Algorand has 1,903 validators
Stake/Hashrate
Litecoin has no data, while Algorand stake is $481.1M
Consensus Mechanism
Litecoin has no data, while Algorand is Pure Proof of Stake
Governance
Litecoin has no data, while Algorand governance is on-chain
Other Comparisons
Litecoin Comparisons
About Blockchains
About Litecoin
Litecoin is decentralized money for the modern world
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.