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- Shardeum vs Algorand
Shardeum vs Algorand Scalability
Real-time TPS
Shardeum has no data, while Algorand TPS is 5.07 tx/s
Max TPS (100 blocks)
Shardeum has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Shardeum has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Shardeum has no data, while Algorand transaction volume is 18,267 txns
Block Time
Shardeum has no data, while Algorand block time is 2.81s
Finality
Shardeum has no data, while Algorand finality is 0s
Type
Shardeum has no data, while Algorand is a layer 1 blockchain
Launch Date
Shardeum has no data, while Algorand was launched on Jun 12, 2019
Shardeum vs Algorand Decentralization New
Nakamoto Coefficient
Shardeum has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Shardeum has no data, while Algorand has 1,903 validators
Stake/Hashrate
Shardeum has no data, while Algorand stake is $481.1M
Consensus Mechanism
Shardeum has no data, while Algorand is Pure Proof of Stake
Governance
Shardeum has no data, while Algorand governance is on-chain
Other Comparisons
Shardeum Comparisons
About Blockchains
About Shardeum
Shardeum is a Layer 1 blockchain designed to address scalability and decentralisation through a technique known as dynamic state sharding.
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.