Algorand vs Hedera

Algorand vs Hedera Scalability

Real-time TPS

Chainspect

Algorand TPS is 1.18X higher than Hedera TPS

Algorand logo
8.63 tx/s
Hedera logo
7.29 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 1.73X higher than Hedera max TPS

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

Max Theoretical TPS

Chainspect

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

Transaction Volume

Chainspect

Algorand transaction volume is 1.18X higher than Hedera transaction volume

Algorand logo
31,077 txns
Hedera logo
26,235 txns

Block Time

Chainspect

Algorand block time is 1.41X longer than Hedera block time

Algorand logo
2.82s
Hedera logo
2s

Finality

Chainspect

Algorand finality is the same as Hedera finality

Algorand logo
0s
Hedera logo
0s

Type

Chainspect

Algorand and Hedera are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Hedera logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 3 months before Hedera

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

Algorand vs Hedera Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 2X higher than Hedera Nakamoto Coefficient

Algorand logo
12
Hedera logo
6

Validators

Chainspect

Algorand has 67X more validators than Hedera

Algorand logo
1,932
Hedera logo
29

Stake

Chainspect

Algorand stake is 1.954B ALGO, while Hedera stake is 14.66B HBAR

Algorand logo
1.954B ALGO
Hedera logo
14.66B HBAR

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while Hedera is PoS

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

Governance

Chainspect

Algorand on-chain governance is better than Hedera council governance

Algorand logo
On-chain
Hedera logo
Council

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