Compare IOTA vs Algorand
Open in ChatGPTIOTA vs Algorand Scalability
Real-time TPS (1H)
IOTA has no data, while Algorand TPS is 14.45 tx/s
Data from Chainspect
Max TPS (100 blocks)
IOTA has no data, while Algorand max TPS is 5,716 tx/s
Data from Chainspect
Max Theoretical TPS
IOTA has no data, while Algorand max theoretical TPS is 9,384 tx/s
Data from Chainspect
Transaction Volume (1H)
IOTA has no data, while Algorand transaction volume is 52K txns
Data from Chainspect
Block Time (1H)
IOTA has no data, while Algorand block time is 2.81s
Data from Chainspect
Finality
IOTA has no data, while Algorand finality is 0s
Data from Chainspect
Type
IOTA has no data, while Algorand is a layer 1 blockchain
Data from Chainspect
Total Transactions (All time)
IOTA has no data, while Algorand has 3.33B total transactions
Data from Chainspect
Launch Date
IOTA has no data, while Algorand was launched on Jun 12, 2019
Data from Chainspect
IOTA vs Algorand Decentralization
Nakamoto Coefficient
IOTA has no data, while Algorand Nakamoto Coefficient is 12
Data from Chainspect
Validators/Miners
IOTA has no data, while Algorand has 1,739 validators
Data from Chainspect
Stake/Hashrate
IOTA has no data, while Algorand stake is $232.3M
Data from Chainspect
Consensus Mechanism
IOTA has no data, while Algorand is Pure Proof of Stake
Data from Chainspect
Governance
IOTA has no data, while Algorand governance is on-chain
Data from Chainspect
IOTA vs Algorand Developer Activity
Developers
IOTA has no data, while Algorand has 545 developers
Data from Chainspect
Commits
IOTA has no data, while Algorand has 39,429 commits
Data from Chainspect
Repos
IOTA has no data, while Algorand has 172 repos
Data from Chainspect
Stars
IOTA has no data, while Algorand has 5,130 stars
Data from Chainspect
Watchers
IOTA has no data, while Algorand has 925 watchers
Data from Chainspect
IOTA vs Algorand Financials New
Chain Revenue
IOTA has no data, while Algorand chain revenue is $159.9
Data from Chainspect
Average Transaction Fee
IOTA has no data, while Algorand average transaction fee is $0.0002181
Data from Chainspect
Market Cap
IOTA has no data, while Algorand market cap is $1.182B
Data from Chainspect
FDV
IOTA has no data, while Algorand FDV is $1.337B
Data from Chainspect
Market Cap / FDV
IOTA has no data, while Algorand Market Cap to FDV ratio is 88.46%
Data from Chainspect
Price
IOTA has no data, while Algorand price is $0.1337
Data from Chainspect
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.