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- Moonbeam vs Algorand
Moonbeam vs Algorand Scalability
Real-time TPS
Moonbeam TPS is 77.3% lower than Algorand TPS
Max TPS (100 blocks)
Moonbeam max TPS is 99.48% lower than Algorand max TPS
Max Theoretical TPS
Moonbeam max theoretical TPS is 99.37% lower than Algorand max theoretical TPS
Transaction Volume
Moonbeam transaction volume is 77.3% lower than Algorand transaction volume
Block Time
Moonbeam block time is 2.2X longer than Algorand block time
Finality
Moonbeam finality is 100% longer than Algorand finality
Type
Moonbeam is a parachain, while Algorand is a layer 1 blockchain
Launch Date
Moonbeam was launched 3 years after Algorand
Moonbeam vs Algorand Decentralization New
Nakamoto Coefficient
Moonbeam Nakamoto Coefficient is 15X higher than Algorand Nakamoto Coefficient
Validators
Moonbeam has 68.47% fewer validators than Algorand
Stake
Moonbeam stake is 6.12X higher than Algorand stake
Consensus Mechanism
Moonbeam is Nominated Proof of Stake, while Algorand is Pure Proof of Stake
Governance
Moonbeam and Algorand governance are both on-chain
Moonbeam vs Algorand Real-Time TPS Chart
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Other Comparisons
Moonbeam Comparisons
About Blockchains
About Moonbeam
Moonbeam is an EVM-compatible smart contracts platform built in the Polkadot ecosystem. It's designed for seamless compatibility with Ethereum tooling to provide a user-friendly environment for porting existing and developing new dApps. Also, as the biggest Polkadot parachain Moonbeam encourages cross-chain communication with other parachains.
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.