Real-Time TPS
Algorand TPS is 18.9% less than Ethereum TPS
Max Recorded TPS
Algorand max TPS is 92X more than Ethereum max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 79X more than Ethereum max theoretical TPS
Block Time
Algorand block time is 76.55% less than Ethereum block time
Finality
Algorand finality is 100% less than Ethereum finality
Type
Algorand and Ethereum are both layer 1 blockchains
Governance Model
Algorand on-chain governance is better than Ethereum off-chain governance
Launch Date
Algorand was launched 4 years after Ethereum
Other Comparisons
Algorand Comparisons
Ethereum Comparisons
About Blockchains
What is 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.
What is 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.