Taraxa vs Algorand

Taraxa vs Algorand Scalability

Real-time TPS

Chainspect

Taraxa TPS is 138X higher than Algorand TPS

Taraxa logo
702 tx/s
Algorand logo
5.07 tx/s

Max TPS (100 blocks)

Chainspect

Taraxa max TPS is 14.17% lower than Algorand max TPS

Taraxa logo
4,906 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Taraxa max theoretical TPS is 5.33X higher than Algorand max theoretical TPS

Taraxa logo
50,000 tx/s
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Taraxa transaction volume is 138X higher than Algorand transaction volume

Taraxa logo
2,527,225 txns
Algorand logo
18,267 txns

Block Time

Chainspect

Taraxa block time is 1.35X longer than Algorand block time

Taraxa logo
3.81s
Algorand logo
2.81s

Finality

Chainspect

Taraxa finality is the same as Algorand finality

Taraxa logo
0s
Algorand logo
0s

Type

Chainspect

Taraxa and Algorand are both layer 1 blockchains

Taraxa logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Taraxa was launched 4 years after Algorand

Taraxa logo
Apr 3, 2023
Algorand logo
Jun 12, 2019

Taraxa vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Taraxa Nakamoto Coefficient is 1.08X higher than Algorand Nakamoto Coefficient

Taraxa logo
13
Algorand logo
12

Validators

Chainspect

Taraxa has 95.42% fewer validators than Algorand

Taraxa logo
87
Algorand logo
1,903

Stake

Chainspect

Taraxa stake is 98.83% lower than Algorand stake

Taraxa logo
$5.626M
Algorand logo
$481.1M

Consensus Mechanism

Chainspect

Taraxa is PoS, while Algorand is Pure Proof of Stake

Taraxa logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Governance

Chainspect

Taraxa council governance is worse than Algorand on-chain governance

Taraxa logo
Council
Algorand logo
On-chain

Taraxa vs Algorand Real-Time TPS Chart

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Other 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.

Blockchains Socials

Taraxa Socials

Algorand Socials