Mode Network vs Algorand Scalability
Real-time TPS
Mode Network has no data, while Algorand TPS is 6.45 tx/s
Max TPS (100 blocks)
Mode Network has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Mode Network has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Mode Network has no data, while Algorand transaction volume is 23,236 txns
Block Time
Mode Network has no data, while Algorand block time is 2.83s
Finality
Mode Network has no data, while Algorand finality is 0s
Type
Mode Network has no data, while Algorand is a layer 1 blockchain
Launch Date
Mode Network has no data, while Algorand was launched on Jun 12, 2019
Mode Network vs Algorand Decentralization New
Nakamoto Coefficient
Mode Network has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Mode Network has no data, while Algorand has 1,903 validators
Stake/Hashrate
Mode Network has no data, while Algorand stake is $481.1M
Consensus Mechanism
Mode Network has no data, while Algorand is Pure Proof of Stake
Governance
Mode Network has no data, while Algorand governance is on-chain
Other Comparisons
Mode Network Comparisons
About Blockchains
About Mode Network
Mode Network is a Layer 2 (L2) blockchain built on Ethereum that aims to improve how decentralized applications (dApps) and users interact with DeFi.
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.