peaq vs Algorand Scalability
Real-time TPS
peaq has no data, while Algorand TPS is 4.67 tx/s
Max TPS (100 blocks)
peaq has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
peaq has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
peaq has no data, while Algorand transaction volume is 16,812 txns
Block Time
peaq has no data, while Algorand block time is 2.78s
Finality
peaq has no data, while Algorand finality is 0s
Type
peaq has no data, while Algorand is a layer 1 blockchain
Launch Date
peaq has no data, while Algorand was launched on Jun 12, 2019
peaq vs Algorand Decentralization New
Nakamoto Coefficient
peaq has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
peaq has no data, while Algorand has 1,903 validators
Stake/Hashrate
peaq has no data, while Algorand stake is $481.1M
Consensus Mechanism
peaq has no data, while Algorand is Pure Proof of Stake
Governance
peaq has no data, while Algorand governance is on-chain
Other Comparisons
peaq Comparisons
About Blockchains
About peaq
peaq is the decentralized Web3 network powering the Economy of Things. Built with Substrate and designed to solve some of our biggest societal and economic challenges, it ensures that the incentives of people and increasingly intelligent machines are aligned.
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.