IOTA vs Algorand

Real-time TPS

Chainspect

IOTA TPS is coming soon, while Algorand TPS is 7.95 tx/s

IOTA logo
Soon
Algorand logo
7.95 tx/s

Max TPS (100 blocks)

Chainspect

IOTA max TPS is coming soon, while Algorand max TPS is 5,716 tx/s

IOTA logo
Soon
Algorand logo
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

IOTA logo
Soon
Algorand logo
9,384 tx/s
New

Transaction Volume

Chainspect

IOTA transaction volume is coming soon, while Algorand transaction volume is 28,621 txns

IOTA logo
Soon
Algorand logo
28,621 txns

Block Time

Chainspect

IOTA block time is coming soon, while Algorand block time is 2.81s

IOTA logo
Soon
Algorand logo
2.81s

Finality

Chainspect

IOTA finality is coming soon, while Algorand finality is 0s

IOTA logo
Soon
Algorand logo
0s

Nakamoto Coefficient

Chainspect

IOTA and Algorand nakamoto coefficient are both coming soon

IOTA logo
Soon
Algorand logo
Soon

Active Addresses

Chainspect

IOTA and Algorand active addresses are both coming soon

IOTA logo
Soon
Algorand logo
Soon

Governance

Chainspect

IOTA governance is coming soon, while Algorand governance is on-chain

IOTA logo
Soon
Algorand logo
On-chain

Type

Chainspect

IOTA type is unknown, while Algorand is a layer 1 blockchain

IOTA logo
Soon
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

The IOTA launch date is unknown, while Algorand was launched on Jun 12, 2019

IOTA logo
Soon
Algorand logo
Jun 12, 2019

Other 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.

Blockchains Socials

IOTA Socials

Algorand Socials