Algorand vs IOTA

Algorand vs IOTA Scalability

Real-time TPS

Chainspect

Algorand TPS is 13.06 tx/s, while IOTA has no data

Algorand logo
13.06 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 5,716 tx/s, while IOTA has no data

Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 9,384 tx/s, while IOTA has no data

Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Algorand transaction volume is 47,025 txns, while IOTA has no data

Algorand logo
47,025 txns

Block Time

Chainspect

Algorand block time is 2.86s, while IOTA has no data

Algorand logo
2.86s

Finality

Chainspect

Algorand finality is 0s, while IOTA has no data

Algorand logo
0s

Type

Chainspect

Algorand is a layer 1 blockchain, while IOTA has no data

Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched on Jun 12, 2019, while the IOTA has no data

Algorand logo
Jun 12, 2019

Algorand vs IOTA Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 12, while IOTA has no data

Algorand logo
12

Validators/Miners

Chainspect

Algorand has 1,917 validators, while IOTA has no data

Algorand logo
1,917

Stake/Hashrate

Chainspect

Algorand stake is 1.881B ALGO, while IOTA has no data

Algorand logo
1.881B ALGO

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while IOTA has no data

Algorand logo
Pure Proof of Stake

Governance

Chainspect

Algorand governance is on-chain, while IOTA has no data

Algorand logo
On-chain

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 IOTA

IOTA is the first distributed ledger built for the “Internet of Everything” - a network for exchanging value and data between humans and machines.

Blockchains Socials

Algorand Socials

IOTA Socials