Compare IOTA vs Algorand
Open in ChatGPTIOTA vs Algorand Scalability
Real-time TPS (1H)
IOTA has no data, while Algorand TPS is 8.02 tx/s
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Max TPS (100 blocks)
IOTA has no data, while Algorand max TPS is 5,716 tx/s
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Max Theoretical TPS
IOTA has no data, while Algorand max theoretical TPS is 9,384 tx/s
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Transaction Volume (1H)
IOTA has no data, while Algorand transaction volume is 28.9K txns
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Block Time (1H)
IOTA has no data, while Algorand block time is 2.81s
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Finality
IOTA has no data, while Algorand finality is 0s
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Type
IOTA has no data, while Algorand is a layer 1 blockchain
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Total Transactions (All time)
IOTA has no data, while Algorand has 3.33B total transactions
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Launch Date
IOTA has no data, while Algorand was launched on Jun 12, 2019
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IOTA vs Algorand Decentralization
Nakamoto Coefficient
IOTA has no data, while Algorand Nakamoto Coefficient is 12
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Validators/Miners
IOTA has no data, while Algorand has 1,692 validators
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Stake/Hashrate
IOTA has no data, while Algorand stake is $272.5M
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Consensus Mechanism
IOTA has no data, while Algorand is Pure Proof of Stake
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Governance
IOTA has no data, while Algorand governance is on-chain
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IOTA vs Algorand Developer Activity
Developers
IOTA has no data, while Algorand has 546 developers
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Commits
IOTA has no data, while Algorand has 39,473 commits
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Repos
IOTA has no data, while Algorand has 172 repos
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Stars
IOTA has no data, while Algorand has 5,129 stars
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Watchers
IOTA has no data, while Algorand has 925 watchers
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IOTA vs Algorand Financials New
Chain Revenue
IOTA has no data, while Algorand chain revenue is $252.2
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Average Transaction Fee
IOTA has no data, while Algorand average transaction fee is $0.0002636
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Market Cap
IOTA has no data, while Algorand market cap is $1.23B
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FDV
IOTA has no data, while Algorand FDV is $1.39B
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Market Cap / FDV
IOTA has no data, while Algorand Market Cap to FDV ratio is 88.52%
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Price
IOTA has no data, while Algorand price is $0.139
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.