Compare Ethereum vs Algorand

Ethereum vs Algorand Scalability

Real-time TPS (1H)

Ethereum TPS is 1.96X higher than Algorand TPS

Ethereum logo
13.99 tx/s
Algorand logo
7.12 tx/s

Data from Chainspect

Max TPS (100 blocks)

Ethereum max TPS is 98.9% lower than Algorand max TPS

Ethereum logo
62.34 tx/s
Algorand logo
5,716 tx/s

Data from Chainspect

Max Theoretical TPS

Ethereum max theoretical TPS is 98.09% lower than Algorand max theoretical TPS

Ethereum logo
178.6 tx/s
Algorand logo
9,384 tx/s

Data from Chainspect

Transaction Volume (1H)

Ethereum transaction volume is 1.96X higher than Algorand transaction volume

Ethereum logo
50.4K txns
Algorand logo
25.6K txns

Data from Chainspect

Block Time (1H)

Ethereum block time is 4.3X longer than Algorand block time

Ethereum logo
12.08s
Algorand logo
2.81s

Data from Chainspect

Finality

Ethereum finality is 100% longer than Algorand finality

Ethereum logo
12m 48s
Algorand logo
0s

Data from Chainspect

Type

Ethereum and Algorand are both layer 1 blockchains

Ethereum logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Ethereum has 6.57% fewer total transactions than Algorand

Ethereum logo
3.07B txns
Algorand logo
3.29B txns

Data from Chainspect

Launch Date

Ethereum was launched 4 years before Algorand

Ethereum logo
Jul 30, 2015
Algorand logo
Jun 12, 2019

Data from Chainspect

Ethereum vs Algorand Decentralization

Nakamoto Coefficient

Ethereum Nakamoto Coefficient is 83.33% lower than Algorand Nakamoto Coefficient

Ethereum logo
2
Algorand logo
12

Data from Chainspect

Validators

Ethereum has 559X more validators than Algorand

Ethereum logo
1,003,000
Algorand logo
1,795

Data from Chainspect

Stake

Ethereum stake is 348X higher than Algorand stake

Ethereum logo
$113.6B
Algorand logo
$326.1M

Data from Chainspect

Consensus Mechanism

Ethereum is PoS, while Algorand is Pure Proof of Stake

Ethereum logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Data from Chainspect

Governance

Ethereum off-chain governance is worse than Algorand on-chain governance

Ethereum logo
Off-chain
Algorand logo
On-chain

Data from Chainspect

Ethereum vs Algorand Developer Activity

Developers

Ethereum has 15X more developers than Algorand

Ethereum logo
8,172
Algorand logo
539

Data from Chainspect

Repos

Ethereum has 2.38X more repos than Algorand

Ethereum logo
395
Algorand logo
166

Data from Chainspect

Commits

Ethereum has 13X more commits than Algorand

Ethereum logo
482,101
Algorand logo
37,758

Data from Chainspect

Stars

Ethereum has 37X more stars than Algorand

Ethereum logo
187,024
Algorand logo
5,106

Data from Chainspect

Watchers

Ethereum has 13X more watchers than Algorand

Ethereum logo
11,838
Algorand logo
922

Data from Chainspect

Ethereum vs Algorand Financials New

Chain Revenue

Ethereum chain revenue is 1,803X higher than Algorand chain revenue

Ethereum logo
$313.8K
Algorand logo
$174

Data from Chainspect

Average Transaction Fee

Ethereum average transaction fee is 857X higher than Algorand average transaction fee

Ethereum logo
$0.2159
Algorand logo
$0.000252

Data from Chainspect

Price

Ethereum price is 19,384X higher than Algorand price

Ethereum logo
$3,149
Algorand logo
$0.1625

Data from Chainspect

Market Cap

Ethereum market cap is 266X higher than Algorand market cap

Ethereum logo
$380.1B
Algorand logo
$1.429B

Data from Chainspect

Ethereum vs Algorand Real-Time TPS Chart

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Other Comparisons

About Blockchains

About 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.

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

Ethereum Socials

Algorand Socials