Algorand vs MultiversX

Algorand vs MultiversX Scalability

Real-time TPS

Chainspect

Algorand TPS is 1.94X higher than MultiversX TPS

Algorand logo
4.67 tx/s
MultiversX logo
2.41 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 12X higher than MultiversX max TPS

Algorand logo
5,716 tx/s
MultiversX logo
491.2 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 68.72% lower than MultiversX max theoretical TPS

Algorand logo
9,384 tx/s
MultiversX logo
30,000 tx/s

Transaction Volume

Chainspect

Algorand transaction volume is 1.94X higher than MultiversX transaction volume

Algorand logo
16,812 txns
MultiversX logo
8,673 txns

Block Time

Chainspect

Algorand block time is 53.61% shorter than MultiversX block time

Algorand logo
2.78s
MultiversX logo
6s

Finality

Chainspect

Algorand finality is the same as MultiversX finality

Algorand logo
0s
MultiversX logo
0s

Type

Chainspect

Algorand and MultiversX are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
MultiversX logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 1 year before MultiversX

Algorand logo
Jun 12, 2019
MultiversX logo
Jul 30, 2020

Algorand vs MultiversX Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 1.2X higher than MultiversX Nakamoto Coefficient

Algorand logo
12
MultiversX logo
10

Validators

Chainspect

Algorand has 40.53% fewer validators than MultiversX

Algorand logo
1,903
MultiversX logo
3,200

Stake

Chainspect

Algorand stake is 2.37X higher than MultiversX stake

Algorand logo
$481.1M
MultiversX logo
$203.2M

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while MultiversX is PoS

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

Governance

Chainspect

Algorand and MultiversX governance are both on-chain

Algorand logo
On-chain
MultiversX logo
On-chain

Algorand vs MultiversX 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 MultiversX

MultiversX is a distributed blockchain network for next-gen applications. Decentralized via 3,000+ nodes, scalable through sharding, fast, secure & green.

Blockchains Socials

Algorand Socials

MultiversX Socials