Real-Time TPS
Ethereum TPS is 1.31X more than Algorand TPS
Max Recorded TPS
Ethereum max TPS is 98.9% less than Algorand max TPS
Max Theoretical TPS
Ethereum max theoretical TPS is 98.73% less than Algorand max theoretical TPS
Block Time
Ethereum block time is 4.25X more than Algorand block time
Time to Finality (TTF)
Ethereum TTF is 100% more than Algorand TTF
Type
Ethereum and Algorand are both layer 1 blockchains
Governance Model
Ethereum off-chain governance is worse than Algorand on-chain governance
Other Comparisons
Ethereum Comparisons
Algorand Comparisons
About Blockchains
What is Ethereum?
Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.
What is 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.