Compare Algorand vs Polkadot Ecosystem
Open in ChatGPTAlgorand vs Polkadot Ecosystem Scalability
Real-time TPS (1H)
Algorand TPS is 3.24X higher than Polkadot Ecosystem TPS
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 12X higher than Polkadot Ecosystem max TPS
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 90.61% lower than Polkadot Ecosystem max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 3.24X higher than Polkadot Ecosystem transaction volume
Data from Chainspect
Block Time (1H)
Algorand block time is 53.49% shorter than Polkadot Ecosystem block time
Data from Chainspect
Finality
Algorand finality is 100% shorter than Polkadot Ecosystem finality
Data from Chainspect
Type
Algorand is a layer 1 blockchain, while Polkadot Ecosystem is a blockchain ecosystem
Data from Chainspect
Total Transactions (All time)
Algorand has 4.86X more total transactions than Polkadot Ecosystem
Data from Chainspect
Launch Date
Algorand was launched 1 year before Polkadot Ecosystem
Data from Chainspect
Algorand vs Polkadot Ecosystem Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 92.69% lower than Polkadot Ecosystem Nakamoto Coefficient
Data from Chainspect
Validators
Algorand has 2.8X more validators than Polkadot Ecosystem
Data from Chainspect
Stake
Algorand stake is 82.86% lower than Polkadot Ecosystem stake
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Polkadot Ecosystem is Nominated Proof of Stake
Data from Chainspect
Governance
Algorand and Polkadot Ecosystem governance are both on-chain
Data from Chainspect
Algorand vs Polkadot Ecosystem Developer Activity
Developers
Algorand has 93.9% fewer developers than Polkadot Ecosystem
Data from Chainspect
Commits
Algorand has 94.08% fewer commits than Polkadot Ecosystem
Data from Chainspect
Repos
Algorand has 62.21% fewer repos than Polkadot Ecosystem
Data from Chainspect
Stars
Algorand has 85.25% fewer stars than Polkadot Ecosystem
Data from Chainspect
Watchers
Algorand has 81.74% fewer watchers than Polkadot Ecosystem
Data from Chainspect
Algorand vs Polkadot Ecosystem Financials New
Chain Revenue
Algorand chain revenue is $141.6, while Polkadot Ecosystem has no data
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is $0.0001671, while Polkadot Ecosystem has no data
Data from Chainspect
Market Cap
Algorand market cap is 61.31% lower than Polkadot Ecosystem market cap
Data from Chainspect
FDV
Algorand FDV is 65.46% lower than Polkadot Ecosystem FDV
Data from Chainspect
Market Cap / FDV
Algorand Market Cap to FDV ratio is 1.12X higher than Polkadot Ecosystem Market Cap to FDV ratio
Data from Chainspect
Price
Algorand price is 92.74% lower than Polkadot Ecosystem price
Data from Chainspect
Algorand vs Polkadot Ecosystem Real-time TPS Chart
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About Blockchains
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.
About Polkadot Ecosystem
Polkadot stands out among other blockchain projects for its focus on enhancing the foundational infrastructure of dApps. It aims to enable interoperability between blockchain ecosystems, facilitating seamless communication without intermediaries. Functioning as a "network of networks," Polkadot utilizes parachains — specialized blockchains with unique functionalities and tokens — to enable interaction between diverse blockchain architectures. Powered by the nominated proof-of-stake (PoS) consensus algorithm and drawing inspiration from the Ouroboros protocol, Polkadot offers a robust framework for building interconnected and scalable decentralized systems.