Hedera vs Algorand

Real-time TPS

Chainspect

Hedera TPS is 57.09% less than Algorand TPS

Hedera logo
6.15 tx/s
Algorand logo
14.34 tx/s

Max TPS (100 blocks)

Chainspect

Hedera max TPS is 42.22% less than Algorand max TPS

Hedera logo
3,302 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Hedera max theoretical TPS is 1.07X more than Algorand max theoretical TPS

Hedera logo
10,000 tx/s
Algorand logo
9,384 tx/s
New

Total Transactions

Chainspect

Hedera total txns is 57.09% less than Algorand total txns

Hedera logo
22,149 txns
Algorand logo
51,619 txns

Block Time

Chainspect

Hedera block time is 28.92% less than Algorand block time

Hedera logo
2s
Algorand logo
2.81s

Finality

Chainspect

Hedera finality is 100% more than Algorand finality

Hedera logo
7s
Algorand logo
0s

Nakamoto Coefficient

Chainspect

Hedera and Algorand nakamoto coefficient are both coming soon

Hedera logo
Soon
Algorand logo
Soon

Active Addresses

Chainspect

Hedera and Algorand active addresses are both coming soon

Hedera logo
Soon
Algorand logo
Soon

Governance

Chainspect

Hedera council governance is worse than Algorand on-chain governance

Hedera logo
Council
Algorand logo
On-chain

Type

Chainspect

Hedera and Algorand are both layer 1 blockchains

Hedera logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Hedera was launched 3 months after Algorand

Hedera logo
Sep 16, 2019
Algorand logo
Jun 12, 2019

Hedera vs Algorand Real-Time TPS Chart

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Other Comparisons

About Blockchains

About 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.

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

Hedera Socials

Algorand Socials