Algorand vs Ethereum

Algorand vs Ethereum Scalability

Real-time TPS

Chainspect

Algorand TPS is 71.22% lower than Ethereum TPS

Algorand logo
5.98 tx/s
Ethereum logo
20.78 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 92X higher than Ethereum max TPS

Algorand logo
5,716 tx/s
Ethereum logo
62.34 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 79X higher than Ethereum max theoretical TPS

Algorand logo
9,384 tx/s
Ethereum logo
119.1 tx/s

Transaction Volume

Chainspect

Algorand transaction volume is 71.22% lower than Ethereum transaction volume

Algorand logo
21,532 txns
Ethereum logo
74,820 txns

Block Time

Chainspect

Algorand block time is 76.86% shorter than Ethereum block time

Algorand logo
2.82s
Ethereum logo
12.2s

Finality

Chainspect

Algorand finality is 100% shorter than Ethereum finality

Algorand logo
0s
Ethereum logo
12m 48s

Type

Chainspect

Algorand and Ethereum are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Ethereum logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 4 years after Ethereum

Algorand logo
Jun 12, 2019
Ethereum logo
Jul 30, 2015

Algorand vs Ethereum Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 6X higher than Ethereum Nakamoto Coefficient

Algorand logo
12
Ethereum logo
2

Validators

Chainspect

Algorand has 99.82% fewer validators than Ethereum

Algorand logo
1,891
Ethereum logo
1,086,000

Stake

Chainspect

Algorand stake is 99.66% lower than Ethereum stake

Algorand logo
$517.7M
Ethereum logo
$153.2B

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while Ethereum is PoS

Algorand logo
Pure Proof of Stake
Ethereum logo
Proof of Stake (PoS)

Governance

Chainspect

Algorand on-chain governance is better than Ethereum off-chain governance

Algorand logo
On-chain
Ethereum logo
Off-chain

Algorand vs Ethereum 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 Ethereum

Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.

Blockchains Socials

Algorand Socials

Ethereum Socials