Algorand vs Hedera

Real-time TPS

Chainspect

Algorand TPS is 3.59X more than Hedera TPS

Algorand logo
19.48 tx/s
Hedera logo
5.43 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 1.73X more 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% less than Hedera max theoretical TPS

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

Total Transactions

Chainspect

Algorand total txns is 3.59X more than Hedera total txns

Algorand logo
70,121 txns
Hedera logo
19,545 txns

Block Time

Chainspect

Algorand block time is 1.4X more than Hedera block time

Algorand logo
2.81s
Hedera logo
2s

Finality

Chainspect

Algorand finality is 100% less than Hedera finality

Algorand logo
0s
Hedera logo
7s

Type

Chainspect

Algorand and Hedera are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Hedera logo
Layer 1 blockchain

Governance

Chainspect

Algorand on-chain governance is better than Hedera council governance

Algorand logo
On-chain
Hedera logo
Council

Launch Date

Chainspect

Algorand was launched 3 months before Hedera

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

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