Trac Network vs Algorand Scalability
Real-time TPS
Trac Network has no data, while Algorand TPS is 6.45 tx/s
Max TPS (100 blocks)
Trac Network has no data, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Trac Network has no data, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Trac Network has no data, while Algorand transaction volume is 23,236 txns
Block Time
Trac Network has no data, while Algorand block time is 2.83s
Finality
Trac Network has no data, while Algorand finality is 0s
Type
Trac Network has no data, while Algorand is a layer 1 blockchain
Launch Date
Trac Network has no data, while Algorand was launched on Jun 12, 2019
Trac Network vs Algorand Decentralization New
Nakamoto Coefficient
Trac Network has no data, while Algorand Nakamoto Coefficient is 12
Validators/Miners
Trac Network has no data, while Algorand has 1,903 validators
Stake/Hashrate
Trac Network has no data, while Algorand stake is $481.1M
Consensus Mechanism
Trac Network has no data, while Algorand is Pure Proof of Stake
Governance
Trac Network has no data, while Algorand governance is on-chain
Other Comparisons
Trac Network Comparisons
About Blockchains
About Trac Network
Trac Network — unlike traditional blockchains — does not utilize blocks to process transactions. Instead it operates in favor of a constant stream of transactions that are peer-to-peer-validated and settled on decentralized ledgers. The topology of Trac Network allows for near-instant transaction settlement and a better user-experience. Trac Network uses DAGs as well as distributed clocks to maintain linearized and causal order of network messages.
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.