Real-time TPS
IoTeX TPS is 73.96% less than Algorand TPS
Max TPS (100 blocks)
IoTeX max TPS is 85.48% less than Algorand max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 89.34% less than Algorand max theoretical TPS
Total Transactions
IoTeX total txns is 73.96% less than Algorand total txns
Block Time
IoTeX block time is 1.78X more than Algorand block time
Finality
IoTeX finality is the same as Algorand finality
Type
IoTeX and Algorand are both layer 1 blockchains
Governance
IoTeX and Algorand governance are both coming soon
Launch Date
IoTeX was launched 2 months before Algorand
IoTeX vs Algorand Real-Time TPS Chart
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Other Comparisons
IoTeX 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.