Matrix vs Algorand Scalability
Real-time TPS
Matrix has no data, while Algorand TPS is 5.07 tx/s
Max TPS (100 blocks)
Matrix has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Matrix has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Matrix has no data, while Algorand transaction volume is 18,267 txns
Block Time
Matrix has no data, while Algorand block time is 2.81s
Finality
Matrix has no data, while Algorand finality is 0s
Type
Matrix has no data, while Algorand is a layer 1 blockchain
Launch Date
Matrix has no data, while Algorand was launched on Jun 12, 2019
Matrix vs Algorand Decentralization New
Nakamoto Coefficient
Matrix has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Matrix has no data, while Algorand has 1,903 validators
Stake/Hashrate
Matrix has no data, while Algorand stake is $481.1M
Consensus Mechanism
Matrix has no data, while Algorand is Pure Proof of Stake
Governance
Matrix has no data, while Algorand governance is on-chain
Other Comparisons
Matrix Comparisons
About Blockchains
About Matrix
The Matrix 1.0 blockchain platform is the first AI-optimised blockchain platform. Low transaction speeds, lack of security, the complexity of usage, and squandered resources are four key concerns in blockchain that Matrix addresses with AI technology. They built a public blockchain platform that is both functional and dependable.
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.