Syscoin vs Algorand Scalability
Real-time TPS
Syscoin has no data, while Algorand TPS is 6.45 tx/s
Max TPS (100 blocks)
Syscoin has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Syscoin has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Syscoin has no data, while Algorand transaction volume is 23,236 txns
Block Time
Syscoin has no data, while Algorand block time is 2.83s
Finality
Syscoin has no data, while Algorand finality is 0s
Type
Syscoin has no data, while Algorand is a layer 1 blockchain
Launch Date
Syscoin has no data, while Algorand was launched on Jun 12, 2019
Syscoin vs Algorand Decentralization New
Nakamoto Coefficient
Syscoin has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Syscoin has no data, while Algorand has 1,903 validators
Stake/Hashrate
Syscoin has no data, while Algorand stake is $481.1M
Consensus Mechanism
Syscoin has no data, while Algorand is Pure Proof of Stake
Governance
Syscoin has no data, while Algorand governance is on-chain
Other Comparisons
Syscoin Comparisons
About Blockchains
About Syscoin
Syscoin is a mainnet Bitcoin L2 that provides a data availability protocol that scales, making EVM and AltVM rollups on Bitcoin a reality. Merge-mined by a majority Bitcoin's hashrate, Syscoin anchors rollups to Bitcoin's own proof-of-work and works with rollups’ existing sequencer architectures.
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.