Concordium vs Algorand
Concordium vs Algorand Scalability
Real-time TPS
Concordium TPS is 99.32% lower than Algorand TPS
Max TPS (100 blocks)
Concordium max TPS is 98.86% lower than Algorand max TPS
Max Theoretical TPS
Concordium max theoretical TPS is 78.68% lower than Algorand max theoretical TPS
Transaction Volume
Concordium transaction volume is 99.32% lower than Algorand transaction volume
Block Time
Concordium block time is 29.9% shorter than Algorand block time
Finality
Concordium finality is 100% longer than Algorand finality
Type
Concordium and Algorand are both layer 1 blockchains
Launch Date
Concordium was launched 2 years after Algorand
Concordium vs Algorand Decentralization
Nakamoto Coefficient
Concordium Nakamoto Coefficient is 41.66% lower than Algorand Nakamoto Coefficient
Validators
Concordium has 95.88% fewer validators than Algorand
Stake
Concordium stake is 84.28% lower than Algorand stake
Consensus Mechanism
Concordium is PoS, while Algorand is Pure Proof of Stake
Governance
Concordium council governance is worse than Algorand on-chain governance
Concordium vs Algorand Developer Activity New
Developers
Concordium has 65.48% fewer developers than Algorand
Repos
Concordium has 60.62% fewer repos than Algorand
Commits
Concordium has 1.71X more commits than Algorand
Stars
Concordium has 83.33% fewer stars than Algorand
Watchers
Concordium has 67.85% fewer watchers than Algorand
Concordium vs Algorand Real-Time TPS Chart
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Other Comparisons
Concordium Comparisons
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.