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Algorand vs IoTeX Scalability

Real-time TPS (1H)

Algorand TPS is 935X higher than IoTeX TPS

Algorand logo
7.3 tx/s
IoTeX logo
0.0078 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

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 937X higher than IoTeX transaction volume

Algorand logo
26.2K txns
IoTeX logo
28 txns

Data from Chainspect

Block Time (1H)

Algorand block time is 1.11X longer than IoTeX block time

Algorand logo
2.77s
IoTeX logo
2.5s

Data from Chainspect

Finality Time

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

Data from Chainspect

Total Transactions (All time)

Algorand has 8.21X more total transactions than IoTeX

Algorand logo
3.49B txns
IoTeX logo
425M txns

Data from Chainspect

Launch Date

Algorand was launched 2 months after IoTeX

Algorand logo
Jun 12, 2019
IoTeX logo

Data from Chainspect

Algorand vs IoTeX Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is 1.3X higher than IoTeX Nakamoto Coefficient

Algorand logo
13
IoTeX logo
10

Data from Chainspect

Validators

Algorand has 22X more validators than IoTeX

Algorand logo
1,531
IoTeX logo
71

Data from Chainspect

Stake

Algorand stake is 18X higher than IoTeX stake

Algorand logo
$163.5M
IoTeX logo
$9.31M

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while IoTeX is PoS

Algorand logo
Pure Proof of Stake
IoTeX logo

Data from Chainspect

Governance

Algorand and IoTeX governance are both on-chain

Algorand logo
On-chain
IoTeX logo

Data from Chainspect

Algorand vs IoTeX Developer Activity

Developers

Algorand has 1.4X more developers than IoTeX

Algorand logo
542
IoTeX logo
386

Data from Chainspect

Commits

Algorand has 2.05X more commits than IoTeX

Algorand logo
44,076
IoTeX logo
21,450

Data from Chainspect

Repos

Algorand has 1.36X more repos than IoTeX

Algorand logo
187
IoTeX logo
137

Data from Chainspect

Stars

Algorand has 1.9X more stars than IoTeX

Algorand logo
5,119
IoTeX logo
2,689

Data from Chainspect

Watchers

Algorand has 0.27% fewer watchers than IoTeX

Algorand logo
726
IoTeX logo
728

Data from Chainspect

Algorand vs IoTeX Financials

Revenue

Algorand chain revenue is 12X higher than IoTeX chain revenue

Algorand logo
$86.28
IoTeX logo
$7.137

Data from Chainspect

Average Transaction Fee

Algorand average transaction fee is 89.26% lower than IoTeX average transaction fee

Algorand logo
$0.0001047
IoTeX logo
$0.000975

Data from Chainspect

Market Cap

Algorand market cap is 34X higher than IoTeX market cap

Algorand logo
$711.7M
IoTeX logo
$20.94M

Data from Chainspect

FDV

Algorand FDV is 36X higher than IoTeX FDV

Algorand logo
$793.5M
IoTeX logo
$22.18M

Data from Chainspect

Market Cap / FDV

Algorand Market Cap to FDV ratio is 5% lower than IoTeX Market Cap to FDV ratio

Algorand logo
89.69%
IoTeX logo
94.41%

Data from Chainspect

Price

Algorand price is 36X higher than IoTeX price

Algorand logo
$0.07935
IoTeX logo
$0.002218

Data from Chainspect

Algorand vs IoTeX Real-time TPS Chart

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

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IoTeX Socials

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