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- Waterfall vs Algorand
Waterfall vs Algorand Scalability
Real-time TPS
Waterfall TPS is 97.91% lower than Algorand TPS
Max TPS (100 blocks)
Waterfall max TPS is 2.22X higher than Algorand max TPS
Max Theoretical TPS
Waterfall max theoretical TPS is 1.42X higher than Algorand max theoretical TPS
Transaction Volume
Waterfall transaction volume is 97.91% lower than Algorand transaction volume
Block Time
Waterfall block time is 4.72X longer than Algorand block time
Finality
Waterfall finality is 100% longer than Algorand finality
Type
Waterfall and Algorand are both layer 1 blockchains
Launch Date
Waterfall was launched 5 years after Algorand
Waterfall vs Algorand Decentralization New
Nakamoto Coefficient
Waterfall has no data, while Algorand Nakamoto Coefficient is 12
Validators
Waterfall has 33X more validators than Algorand
Stake
Waterfall stake is 99.94% lower than Algorand stake
Consensus Mechanism
Waterfall is PoS, while Algorand is Pure Proof of Stake
Governance
Waterfall council governance is worse than Algorand on-chain governance
Waterfall vs Algorand Real-Time TPS Chart
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About Blockchains
About Waterfall
Waterfall is a highly scalable and decentralized BlockDAG EVM-compatible Layer 1 protocol. Low transaction fees and EVM compatibility make Waterfall the platform of choice for Dapps.
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.