Algorand vs IoTeX

Algorand vs IoTeX Scalability

Real-time TPS (1H)

Algorand TPS is 46X higher than IoTeX TPS

Algorand logo
9 tx/s
IoTeX logo
0.2 tx/s

Data from Chainspect

Max TPS (100 blocks)

Algorand max TPS is 6.89X higher than IoTeX max TPS

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

Data from Chainspect

Max Theoretical TPS

Algorand max theoretical TPS is 4.69X higher than IoTeX max theoretical TPS

Algorand logo
9,384 tx/s
IoTeX logo
2,000 tx/s

Data from Chainspect

Transaction Volume (1H)

Algorand transaction volume is 46X higher than IoTeX transaction volume

Algorand logo
32.4K txns
IoTeX logo
702 txns

Data from Chainspect

Block Time (1H)

Algorand block time is 1.12X longer than IoTeX block time

Algorand logo
2.81s
IoTeX logo
2.5s

Data from Chainspect

Finality

Algorand finality is the same as IoTeX finality

Algorand logo
0s
IoTeX logo
0s

Data from Chainspect

Type

Algorand and IoTeX are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
IoTeX logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Algorand has no data, while IoTeX has 343M total transactions

Algorand logo
—
IoTeX logo
343M txns

Data from Chainspect

Launch Date

Algorand was launched 2 months after IoTeX

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

Data from Chainspect

Algorand vs IoTeX Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is 1.33X higher than IoTeX Nakamoto Coefficient

Algorand logo
12
IoTeX logo
9

Data from Chainspect

Validators

Algorand has 26X more validators than IoTeX

Algorand logo
1,864
IoTeX logo
72

Data from Chainspect

Stake

Algorand stake is 4.29X higher than IoTeX stake

Algorand logo
$430.8M
IoTeX logo
$100.5M

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while IoTeX is PoS

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

Data from Chainspect

Governance

Algorand and IoTeX governance are both on-chain

Algorand logo
On-chain
IoTeX logo
On-chain

Data from Chainspect

Algorand vs IoTeX Developer Activity New

Developers

Algorand has 1.45X more developers than IoTeX

Algorand logo
536
IoTeX logo
370

Data from Chainspect

Repos

Algorand has 1.23X more repos than IoTeX

Algorand logo
161
IoTeX logo
131

Data from Chainspect

Commits

Algorand has 1.76X more commits than IoTeX

Algorand logo
35,631
IoTeX logo
20,206

Data from Chainspect

Stars

Algorand has 1.95X more stars than IoTeX

Algorand logo
5,080
IoTeX logo
2,606

Data from Chainspect

Watchers

Algorand has 1.04X more watchers than IoTeX

Algorand logo
981
IoTeX logo
939

Data from Chainspect

Algorand vs IoTeX 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 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