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- Taraxa vs Algorand
Taraxa vs Algorand Scalability
Real-time TPS
Taraxa TPS is 138X higher than Algorand TPS
Max TPS (100 blocks)
Taraxa max TPS is 14.17% lower than Algorand max TPS
Max Theoretical TPS
Taraxa max theoretical TPS is 5.33X higher than Algorand max theoretical TPS
Transaction Volume
Taraxa transaction volume is 138X higher than Algorand transaction volume
Block Time
Taraxa block time is 1.35X longer than Algorand block time
Finality
Taraxa finality is the same as Algorand finality
Type
Taraxa and Algorand are both layer 1 blockchains
Launch Date
Taraxa was launched 4 years after Algorand
Taraxa vs Algorand Decentralization New
Nakamoto Coefficient
Taraxa Nakamoto Coefficient is 1.08X higher than Algorand Nakamoto Coefficient
Validators
Taraxa has 95.42% fewer validators than Algorand
Stake
Taraxa stake is 98.83% lower than Algorand stake
Consensus Mechanism
Taraxa is PoS, while Algorand is Pure Proof of Stake
Governance
Taraxa council governance is worse than Algorand on-chain governance
Taraxa vs Algorand Real-Time TPS Chart
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Taraxa Comparisons
About Blockchains
About Taraxa
Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.
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.