Algorand vs Concordium

Real-time TPS

Algorand TPS is 469X more than Concordium TPS

Algorand logo
15.24 tx/s
Concordium logo
0.03 tx/s

Max TPS (100 blocks)

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

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

Block Time

Algorand block time is 1.33X more than Concordium block time

Algorand logo
2.83s
Concordium logo
2.13s

Finality

Algorand finality is 100% less than Concordium finality

Algorand logo
0s
Concordium logo
4s

Type

Algorand and Concordium are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Concordium logo
Layer 1 blockchain

Governance

Algorand on-chain governance is better than Concordium council governance

Algorand logo
On-chain
Concordium logo
Council

Launch Date

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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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 science-based proof-of-stake blockchain, the first in the world with identification built into the protocol and designed to meet regulatory requirements. Concordium CCD is a standard blockchain asset with customizable options, directly in Layer-1. Concordium supports secure transfers and immediate transaction settlement for multiparty transactions built in Layer-1. Concordium Smart Contracts in Layer-1 are stateless smart contracts with numerous possibilities for governed operations. These capabilities can be applied to different sectors and industries, such as IoT, Supply Chain Finance, and Mobility-as-a-service, as well as tackling interoperability between other platforms and blockchains.

Blockchains Socials

Algorand Socials

Concordium Socials