Algorand vs IoTeX

Real-time TPS

Chainspect

Algorand TPS is 3.33X more than IoTeX TPS

Algorand logo
13.49 tx/s
IoTeX logo
4.05 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 6.89X more than IoTeX max TPS

Algorand logo
5,716 tx/s
IoTeX logo
830 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 9.38X more than IoTeX max theoretical TPS

Algorand logo
9,384 tx/s
IoTeX logo
1,000 tx/s

Block Time

Chainspect

Algorand block time is 44.1% less than IoTeX block time

Algorand logo
2.8s
IoTeX logo
5s

Finality

Chainspect

Algorand finality is the same as IoTeX finality

Algorand logo
0s
IoTeX logo
0s

Type

Chainspect

Algorand and IoTeX are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
IoTeX logo
Layer 1 blockchain

Governance

Chainspect

Algorand and IoTeX governance are both coming soon

Algorand logo
On-chain
IoTeX logo
On-chain

Launch Date

Chainspect

Algorand was launched 2 months after IoTeX

Algorand logo
Jun 12, 2019
IoTeX logo
Apr 22, 2019

Algorand vs IoTeX Real-Time TPS Chart

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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 IoTeX

IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.

Blockchains Socials

Algorand Socials

IoTeX Socials