Real-time TPS
Chainspect
IOTA TPS is coming soon, while Algorand TPS is 34.45 tx/s
Soon
34.45 tx/s
Max TPS (100 blocks)
Chainspect
IOTA max TPS is coming soon, while Algorand max TPS is 5,716 tx/s
Soon
5,716 tx/s
Max Theoretical TPS
Chainspect
IOTA max theoretical TPS is coming soon, while Algorand max theoretical TPS is 9,384 tx/s
Soon
9,384 tx/s
Block Time
Chainspect
IOTA block time is coming soon, while Algorand block time is 2.81s
Soon
2.81s
Finality
Chainspect
IOTA finality is coming soon, while Algorand finality is 0s
Soon
0s
Type
Chainspect
IOTA type is unknown, while Algorand is a layer 1 blockchain
Soon
Layer 1 blockchain
Governance
Chainspect
IOTA governance is coming soon, while Algorand governance is on-chain
Soon
On-chain
Launch Date
Chainspect
The IOTA launch date is unknown, while Algorand was launched on Jun 12, 2019
Soon
Jun 12, 2019
Other Comparisons
IOTA Comparisons
About Blockchains
About IOTA
IOTA is the first distributed ledger built for the “Internet of Everything” - a network for exchanging value and data between humans and machines.
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.