Compare Algorand vs Hedera

Algorand vs Hedera Scalability

Real-time TPS (1H)

Algorand TPS is 19.09% lower than Hedera TPS

Algorand logo
8.62 tx/s
Hedera logo
10.66 tx/s

Data from Chainspect

Max TPS (100 blocks)

Algorand max TPS is 1.73X higher than Hedera max TPS

Algorand logo
5,716 tx/s
Hedera logo
3,302 tx/s

Data from Chainspect

Max Theoretical TPS

Algorand max theoretical TPS is 6.16% lower than Hedera max theoretical TPS

Algorand logo
9,384 tx/s
Hedera logo
10,000 tx/s

Data from Chainspect

Transaction Volume (1H)

Algorand transaction volume is 19.09% lower than Hedera transaction volume

Algorand logo
31K txns
Hedera logo
38.4K txns

Data from Chainspect

Block Time (1H)

Algorand block time is 1.41X longer than Hedera block time

Algorand logo
2.82s
Hedera logo
2s

Data from Chainspect

Finality

Algorand finality is the same as Hedera finality

Algorand logo
0s
Hedera logo
0s

Data from Chainspect

Type

Algorand and Hedera are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Hedera logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Algorand has 95.39% fewer total transactions than Hedera

Algorand logo
3.28B txns
Hedera logo
71.1B txns

Data from Chainspect

Launch Date

Algorand was launched 3 months before Hedera

Algorand logo
Jun 12, 2019
Hedera logo
Sep 16, 2019

Data from Chainspect

Algorand vs Hedera Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is 1.5X higher than Hedera Nakamoto Coefficient

Algorand logo
12
Hedera logo
8

Data from Chainspect

Validators

Algorand has 59X more validators than Hedera

Algorand logo
1,835
Hedera logo
31

Data from Chainspect

Stake

Algorand stake is 88.65% lower than Hedera stake

Algorand logo
$361.7M
Hedera logo
$3.187B

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while Hedera is PoS

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

Data from Chainspect

Governance

Algorand on-chain governance is better than Hedera council governance

Algorand logo
On-chain
Hedera logo
Council

Data from Chainspect

Algorand vs Hedera Developer Activity

Developers

Algorand has 47.35% fewer developers than Hedera

Algorand logo
537
Hedera logo
1,020

Data from Chainspect

Repos

Algorand has 1.45X more repos than Hedera

Algorand logo
162
Hedera logo
112

Data from Chainspect

Commits

Algorand has 47.05% fewer commits than Hedera

Algorand logo
37,236
Hedera logo
70,333

Data from Chainspect

Stars

Algorand has 1.33X more stars than Hedera

Algorand logo
5,092
Hedera logo
3,815

Data from Chainspect

Watchers

Algorand has 18.23% fewer watchers than Hedera

Algorand logo
919
Hedera logo
1,124

Data from Chainspect

Algorand vs Hedera Financials New

Chain Revenue

Algorand chain revenue is 84.02% lower than Hedera chain revenue

Algorand logo
$222.4
Hedera logo
$1.393K

Data from Chainspect

Average Transaction Fee

Algorand average transaction fee is 82.83% lower than Hedera average transaction fee

Algorand logo
$0.0003071
Hedera logo
$0.00179

Data from Chainspect

Price

Algorand price is 11.08% lower than Hedera price

Algorand logo
$0.1706
Hedera logo
$0.1919

Data from Chainspect

Market Cap

Algorand market cap is 81.59% lower than Hedera market cap

Algorand logo
$1.5B
Hedera logo
$8.15B

Data from Chainspect

Algorand vs Hedera 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 Hedera

Hedera operates as a public network employing the hashgraph consensus algorithm for rapid and secure transaction validation. Governed by a council of esteemed organizations, Hedera ensures consistent progress and decentralization. Distinguished by its high throughput, security, and fair transaction ordering, Hedera strives to establish a trust layer for the internet.

Blockchains Socials

Algorand Socials

Hedera Socials