Concordium vs Algorand

Real-time TPS

Chainspect

Concordium TPS is 99.87% less than Algorand TPS

Concordium logo
0.01 tx/s
Algorand logo
7.7 tx/s

Max TPS (100 blocks)

Chainspect

Concordium max TPS is 98.86% less than Algorand max TPS

Concordium logo
64.62 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Concordium max theoretical TPS is 78.68% less than Algorand max theoretical TPS

Concordium logo
2,000 tx/s
Algorand logo
9,384 tx/s
New

Transaction Volume

Chainspect

Concordium transaction volume is 99.87% less than Algorand transaction volume

Concordium logo
36 txns
Algorand logo
27,708 txns

Block Time

Chainspect

Concordium block time is 28.5% less than Algorand block time

Concordium logo
2.01s
Algorand logo
2.8s

Finality

Chainspect

Concordium finality is 100% more than Algorand finality

Concordium logo
4s
Algorand logo
0s

Nakamoto Coefficient

Chainspect

Concordium and Algorand nakamoto coefficient are both coming soon

Concordium logo
Soon
Algorand logo
Soon

Active Addresses

Chainspect

Concordium and Algorand active addresses are both coming soon

Concordium logo
Soon
Algorand logo
Soon

Governance

Chainspect

Concordium council governance is worse than Algorand on-chain governance

Concordium logo
Council
Algorand logo
On-chain

Type

Chainspect

Concordium and Algorand are both layer 1 blockchains

Concordium logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Concordium was launched 2 years after Algorand

Concordium logo
Jun 9, 2021
Algorand logo
Jun 12, 2019

Concordium vs Algorand Real-Time TPS Chart

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About Blockchains

About Concordium

Concordium is a public Layer 1 blockchain platform designed for security, privacy, and scalability. Concordium was among the first to mandate identity verification at the blockchain consensus level while integrating zero-knowledge proofs (ZKPs) for selective disclosure. Launched on Mainnet in 2021, it embeds encrypted identity into every transaction at the protocol level, enabling accountability while preserving user confidentiality.

Its native cryptocurrency, CCD, powers the ecosystem, facilitating transaction fees, staking, voting, node operator rewards, and serving as collateral in Concordium's DeFi landscape.

The newly appointed CEO and Executive Management team have revealed a focused strategic direction to double down on PayFi, enabling stablecoin issuers, financial institutions, and payment providers to accelerate real-world adoption. With stablecoin settlement volumes projected to reach $300 billion per day by 2025, Concordium delivers an enterprise-ready blockchain infrastructure uniquely suited for secure, programmable money solutions, as well as compliance as required by new regulatory frameworks.

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.

Blockchains Socials

Concordium Socials

Algorand Socials