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- Hedera vs Algorand
Hedera vs Algorand Scalability
Real-time TPS
Hedera TPS is 28.01% lower than Algorand TPS
Max TPS (100 blocks)
Hedera max TPS is 42.22% lower than Algorand max TPS
Max Theoretical TPS
Hedera max theoretical TPS is 1.07X higher than Algorand max theoretical TPS
Transaction Volume
Hedera transaction volume is 28.01% lower than Algorand transaction volume
Block Time
Hedera block time is 28.1% shorter than Algorand block time
Finality
Hedera finality is the same as Algorand finality
Type
Hedera and Algorand are both layer 1 blockchains
Launch Date
Hedera was launched 3 months after Algorand
Hedera vs Algorand Decentralization New
Nakamoto Coefficient
Hedera Nakamoto Coefficient is 50% lower than Algorand Nakamoto Coefficient
Validators
Hedera has 98.37% fewer validators than Algorand
Stake
Hedera stake is 7.15X higher than Algorand stake
Consensus Mechanism
Hedera is PoS, while Algorand is Pure Proof of Stake
Governance
Hedera council governance is worse than Algorand on-chain governance
Hedera vs Algorand Real-Time TPS Chart
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Other Comparisons
Hedera 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.