IoTeX vs Algorand Scalability

Real-time TPS (1H)

IoTeX TPS is 99.87% lower than Algorand TPS

IoTeX logo
0.01 tx/s
Algorand logo
10.75 tx/s

Data from Chainspect

Max TPS (100 blocks)

IoTeX max TPS is 85.48% lower than Algorand max TPS

IoTeX logo
829.7 tx/s
Algorand logo
5,716 tx/s

Data from Chainspect

Max Theoretical TPS

IoTeX max theoretical TPS is 78.68% lower than Algorand max theoretical TPS

IoTeX logo
2,000 tx/s
Algorand logo
9,384 tx/s

Data from Chainspect

Transaction Volume (1H)

IoTeX transaction volume is 99.87% lower than Algorand transaction volume

IoTeX logo
50 txns
Algorand logo
38.7K txns

Data from Chainspect

Block Time (1H)

IoTeX block time is 6.87% shorter than Algorand block time

IoTeX logo
2.55s
Algorand logo
2.74s

Data from Chainspect

Finality

IoTeX finality is the same as Algorand finality

IoTeX logo
0s
Algorand logo
0s

Data from Chainspect

Type

IoTeX and Algorand are both layer 1 blockchains

IoTeX logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

IoTeX has 87.69% fewer total transactions than Algorand

IoTeX logo
424M txns
Algorand logo
3.45B txns

Data from Chainspect

Launch Date

IoTeX was launched 2 months before Algorand

IoTeX logo
Apr 22, 2019
Algorand logo
Jun 12, 2019

Data from Chainspect

IoTeX vs Algorand Decentralization

Nakamoto Coefficient

IoTeX Nakamoto Coefficient is 30.76% lower than Algorand Nakamoto Coefficient

IoTeX logo
9
Algorand logo
13

Data from Chainspect

Validators

IoTeX has 95.38% fewer validators than Algorand

IoTeX logo
72
Algorand logo
1,561

Data from Chainspect

Stake

IoTeX stake is 92.24% lower than Algorand stake

IoTeX logo
$13.93M
Algorand logo
$179.7M

Data from Chainspect

Consensus Mechanism

IoTeX is PoS, while Algorand is Pure Proof of Stake

IoTeX logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Data from Chainspect

Governance

IoTeX and Algorand governance are both on-chain

IoTeX logo
On-chain
Algorand logo
On-chain

Data from Chainspect

IoTeX vs Algorand Developer Activity

Developers

IoTeX has 29.07% fewer developers than Algorand

IoTeX logo
383
Algorand logo
540

Data from Chainspect

Commits

IoTeX has 50.33% fewer commits than Algorand

IoTeX logo
21,329
Algorand logo
42,948

Data from Chainspect

Repos

IoTeX has 25.54% fewer repos than Algorand

IoTeX logo
137
Algorand logo
184

Data from Chainspect

Stars

IoTeX has 47.27% fewer stars than Algorand

IoTeX logo
2,683
Algorand logo
5,089

Data from Chainspect

Watchers

IoTeX has 1.05X more watchers than Algorand

IoTeX logo
764
Algorand logo
728

Data from Chainspect

IoTeX vs Algorand Financials New

Chain Revenue

IoTeX chain revenue is 93.21% lower than Algorand chain revenue

IoTeX logo
$6.824
Algorand logo
$100.6

Data from Chainspect

Average Transaction Fee

IoTeX average transaction fee is 9.69X higher than Algorand average transaction fee

IoTeX logo
$0.001218
Algorand logo
$0.0001257

Data from Chainspect

Market Cap

IoTeX market cap is 95.91% lower than Algorand market cap

IoTeX logo
$31.87M
Algorand logo
$780.9M

Data from Chainspect

FDV

IoTeX FDV is 96.14% lower than Algorand FDV

IoTeX logo
$33.75M
Algorand logo
$875M

Data from Chainspect

Market Cap / FDV

IoTeX Market Cap to FDV ratio is 1.06X higher than Algorand Market Cap to FDV ratio

IoTeX logo
94.41%
Algorand logo
89.25%

Data from Chainspect

Price

IoTeX price is 96.14% lower than Algorand price

IoTeX logo
$0.003375
Algorand logo
$0.0875

Data from Chainspect

IoTeX vs Algorand Real-time TPS Chart

Other Comparisons

About Blockchains

About IoTeX

IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.

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

IoTeX Socials

Algorand Socials

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