Real-Time TPS
Algorand TPS is 99.62% less than Hedera TPS
Max Recorded TPS
Algorand max TPS is 1.74X more than Hedera max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 6.16% less than Hedera max theoretical TPS
Block Time
Algorand block time is 1.43X more than Hedera block time
Finality
Algorand finality is 100% less than Hedera finality
Type
Algorand and Hedera are both layer 1 blockchains
Governance Model
Algorand on-chain governance is better than Hedera council governance
Launch Date
Algorand was launched 3 months before Hedera
Other Comparisons
Algorand Comparisons
Hedera 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 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.