Concordium vs Algorand

Real-time TPS

Concordium TPS is 99.89% less than Algorand TPS

Concordium logo
0.03 tx/s
Algorand logo
32.84 tx/s

Max Recorded TPS

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

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

Block Time

Concordium block time is 20.39% less than Algorand block time

Concordium logo
2.18s
Algorand logo
2.74s

Finality

Concordium finality is 100% more than Algorand finality

Concordium logo
4s
Algorand logo
0s

Type

Concordium and Algorand are both layer 1 blockchains

Concordium logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Governance

Concordium council governance is worse than Algorand on-chain governance

Concordium logo
Council
Algorand logo
On-chain

Launch Date

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 science-based proof-of-stake blockchain, the first in the world with identification built into the protocol and designed to meet regulatory requirements. Concordium CCD is a standard blockchain asset with customizable options, directly in Layer-1. Concordium supports secure transfers and immediate transaction settlement for multiparty transactions built in Layer-1. Concordium Smart Contracts in Layer-1 are stateless smart contracts with numerous possibilities for governed operations. These capabilities can be applied to different sectors and industries, such as IoT, Supply Chain Finance, and Mobility-as-a-service, as well as tackling interoperability between other platforms and 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.

Blockchains Socials

Concordium Socials

Algorand Socials