Real-time TPS
Concordium TPS is 99.87% less than Algorand TPS
Max TPS (100 blocks)
Concordium max TPS is 98.86% less than Algorand max TPS
Max Theoretical TPS
Concordium max theoretical TPS is 78.68% less than Algorand max theoretical TPS
Transaction Volume
Concordium transaction volume is 99.87% less than Algorand transaction volume
Block Time
Concordium block time is 28.5% less than Algorand block time
Finality
Concordium finality is 100% more than Algorand finality
Nakamoto Coefficient
Concordium and Algorand nakamoto coefficient are both coming soon
Active Addresses
Concordium and Algorand active addresses are both coming soon
Governance
Concordium council governance is worse than Algorand on-chain governance
Type
Concordium and Algorand are both layer 1 blockchains
Launch Date
Concordium was launched 2 years after 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.