Real-time TPS
Concordium TPS is 99.69% 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
Block Time
Concordium block time is 20.29% less than Algorand block time
Finality
Concordium finality is 100% more than Algorand finality
Type
Concordium and Algorand are both layer 1 blockchains
Governance
Concordium council governance is worse than Algorand on-chain governance
Launch Date
Concordium was launched 2 years after Algorand
Concordium vs Algorand Real-Time TPS Chart
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Other Comparisons
Concordium Comparisons
Algorand Comparisons
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.