Real-Time TPS
Hedera TPS is 260X more than Algorand TPS
Max Recorded TPS
Hedera max TPS is 42.5% less than Algorand max TPS
Max Theoretical TPS
Hedera max theoretical TPS is 1.07X more than Algorand max theoretical TPS
Block Time
Hedera block time is 30.31% less than Algorand block time
Finality
Hedera finality is 100% more than Algorand finality
Type
Hedera and Algorand are both layer 1 blockchains
Governance Model
Hedera council governance is worse than Algorand on-chain governance
Launch Date
Hedera was launched 3 months after Algorand
Other Comparisons
Hedera Comparisons
Algorand Comparisons
About Blockchains
What is Hedera?
Hedera operates as a public network employing the hashgraph consensus algorithm for rapid and secure transaction validation. Governed by a council of esteemed organizations, Hedera ensures consistent progress and decentralization. Distinguished by its high throughput, security, and fair transaction ordering, Hedera strives to establish a trust layer for the internet.
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.