Moonbeam vs Algorand

Moonbeam vs Algorand Scalability

Real-time TPS

Chainspect

Moonbeam TPS is 77.3% lower than Algorand TPS

Moonbeam logo
1.06 tx/s
Algorand logo
4.67 tx/s

Max TPS (100 blocks)

Chainspect

Moonbeam max TPS is 99.48% lower than Algorand max TPS

Moonbeam logo
29.3 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Moonbeam max theoretical TPS is 99.37% lower than Algorand max theoretical TPS

Moonbeam logo
58.4 tx/s
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Moonbeam transaction volume is 77.3% lower than Algorand transaction volume

Moonbeam logo
3,816 txns
Algorand logo
16,812 txns

Block Time

Chainspect

Moonbeam block time is 2.2X longer than Algorand block time

Moonbeam logo
6.12s
Algorand logo
2.78s

Finality

Chainspect

Moonbeam finality is 100% longer than Algorand finality

Moonbeam logo
30s
Algorand logo
0s

Type

Chainspect

Moonbeam is a parachain, while Algorand is a layer 1 blockchain

Moonbeam logo
Parachain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Moonbeam was launched 3 years after Algorand

Moonbeam logo
Jan 11, 2022
Algorand logo
Jun 12, 2019

Moonbeam vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Moonbeam Nakamoto Coefficient is 15X higher than Algorand Nakamoto Coefficient

Moonbeam logo
174
Algorand logo
12

Validators

Chainspect

Moonbeam has 68.47% fewer validators than Algorand

Moonbeam logo
600
Algorand logo
1,903

Stake

Chainspect

Moonbeam stake is 6.12X higher than Algorand stake

Moonbeam logo
$2.947B
Algorand logo
$481.1M

Consensus Mechanism

Chainspect

Moonbeam is Nominated Proof of Stake, while Algorand is Pure Proof of Stake

Moonbeam logo
Nominated Proof of Stake
Algorand logo
Pure Proof of Stake

Governance

Chainspect

Moonbeam and Algorand governance are both on-chain

Moonbeam logo
On-chain
Algorand logo
On-chain

Moonbeam vs Algorand Real-Time TPS Chart

Loading Data

Other Comparisons

About Blockchains

About Moonbeam

Moonbeam is an EVM-compatible smart contracts platform built in the Polkadot ecosystem. It's designed for seamless compatibility with Ethereum tooling to provide a user-friendly environment for porting existing and developing new dApps. Also, as the biggest Polkadot parachain Moonbeam encourages cross-chain communication with other parachains.

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

Moonbeam Socials

Algorand Socials