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- Algorand vs Ethereum
Algorand vs Ethereum Scalability
Real-time TPS
Algorand TPS is 71.22% lower than Ethereum TPS
Max TPS (100 blocks)
Algorand max TPS is 92X higher than Ethereum max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 79X higher than Ethereum max theoretical TPS
Transaction Volume
Algorand transaction volume is 71.22% lower than Ethereum transaction volume
Block Time
Algorand block time is 76.86% shorter than Ethereum block time
Finality
Algorand finality is 100% shorter than Ethereum finality
Type
Algorand and Ethereum are both layer 1 blockchains
Launch Date
Algorand was launched 4 years after Ethereum
Algorand vs Ethereum Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 6X higher than Ethereum Nakamoto Coefficient
Validators
Algorand has 99.82% fewer validators than Ethereum
Stake
Algorand stake is 99.66% lower than Ethereum stake
Consensus Mechanism
Algorand is Pure Proof of Stake, while Ethereum is PoS
Governance
Algorand on-chain governance is better than Ethereum off-chain governance
Algorand vs Ethereum Real-Time TPS Chart
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Algorand 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.