Algorand vs Concordium

Real-time TPS

Chainspect

Algorand TPS is 691X more than Concordium TPS

Algorand logo
7.12 tx/s
Concordium logo
0.01 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 88X more than Concordium max TPS

Algorand logo
5,716 tx/s
Concordium logo
64.62 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 4.69X more than Concordium max theoretical TPS

Algorand logo
9,384 tx/s
Concordium logo
2,000 tx/s
New

Transaction Volume

Chainspect

Algorand transaction volume is 692X more than Concordium transaction volume

Algorand logo
25,616 txns
Concordium logo
37 txns

Block Time

Chainspect

Algorand block time is 1.4X more than Concordium block time

Algorand logo
2.8s
Concordium logo
2s

Finality

Chainspect

Algorand finality is 100% less than Concordium finality

Algorand logo
0s
Concordium logo
4s

Nakamoto Coefficient

Chainspect

Algorand and Concordium nakamoto coefficient are both coming soon

Algorand logo
Soon
Concordium logo
Soon

Active Addresses

Chainspect

Algorand and Concordium active addresses are both coming soon

Algorand logo
Soon
Concordium logo
Soon

Governance

Chainspect

Algorand on-chain governance is better than Concordium council governance

Algorand logo
On-chain
Concordium logo
Council

Type

Chainspect

Algorand and Concordium are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Concordium logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 2 years before Concordium

Algorand logo
Jun 12, 2019
Concordium logo
Jun 9, 2021

Algorand vs Concordium Real-Time TPS Chart

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Other Comparisons

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 Concordium

Concordium is a public Layer 1 blockchain platform designed for security, privacy, and scalability. Concordium was among the first to mandate identity verification at the blockchain consensus level while integrating zero-knowledge proofs (ZKPs) for selective disclosure. Launched on Mainnet in 2021, it embeds encrypted identity into every transaction at the protocol level, enabling accountability while preserving user confidentiality.

Its native cryptocurrency, CCD, powers the ecosystem, facilitating transaction fees, staking, voting, node operator rewards, and serving as collateral in Concordium's DeFi landscape.

The newly appointed CEO and Executive Management team have revealed a focused strategic direction to double down on PayFi, enabling stablecoin issuers, financial institutions, and payment providers to accelerate real-world adoption. With stablecoin settlement volumes projected to reach $300 billion per day by 2025, Concordium delivers an enterprise-ready blockchain infrastructure uniquely suited for secure, programmable money solutions, as well as compliance as required by new regulatory frameworks.

Blockchains Socials

Algorand Socials

Concordium Socials