Compare Ethereum vs Algorand

Ethereum vs Algorand Scalability

Real-time TPS (1H)

Ethereum TPS is 2.53X higher than Algorand TPS

Ethereum logo
19.5 tx/s
Algorand logo
7.7 tx/s

Data from Chainspect

Max TPS (100 blocks)

Ethereum max TPS is 98.9% lower than Algorand max TPS

Ethereum logo
62.34 tx/s
Algorand logo
5,716 tx/s

Data from Chainspect

Max Theoretical TPS

Ethereum max theoretical TPS is 98.09% lower than Algorand max theoretical TPS

Ethereum logo
178.6 tx/s
Algorand logo
9,384 tx/s

Data from Chainspect

Transaction Volume (1H)

Ethereum transaction volume is 2.53X higher than Algorand transaction volume

Ethereum logo
70.2K txns
Algorand logo
27.7K txns

Data from Chainspect

Block Time (1H)

Ethereum block time is 4.33X longer than Algorand block time

Ethereum logo
12.04s
Algorand logo
2.78s

Data from Chainspect

Finality

Ethereum finality is 100% longer than Algorand finality

Ethereum logo
12m 48s
Algorand logo
0s

Data from Chainspect

Type

Ethereum and Algorand are both layer 1 blockchains

Ethereum logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Ethereum has 6.88% fewer total transactions than Algorand

Ethereum logo
3.05B txns
Algorand logo
3.28B txns

Data from Chainspect

Launch Date

Ethereum was launched 4 years before Algorand

Ethereum logo
Jul 30, 2015
Algorand logo
Jun 12, 2019

Data from Chainspect

Ethereum vs Algorand Decentralization

Nakamoto Coefficient

Ethereum Nakamoto Coefficient is 83.33% lower than Algorand Nakamoto Coefficient

Ethereum logo
2
Algorand logo
12

Data from Chainspect

Validators

Ethereum has 551X more validators than Algorand

Ethereum logo
997,000
Algorand logo
1,811

Data from Chainspect

Stake

Ethereum stake is 410X higher than Algorand stake

Ethereum logo
$137.9B
Algorand logo
$336.2M

Data from Chainspect

Consensus Mechanism

Ethereum is PoS, while Algorand is Pure Proof of Stake

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

Data from Chainspect

Governance

Ethereum off-chain governance is worse than Algorand on-chain governance

Ethereum logo
Off-chain
Algorand logo
On-chain

Data from Chainspect

Ethereum vs Algorand Developer Activity

Developers

Ethereum has 11X more developers than Algorand

Ethereum logo
6,050
Algorand logo
537

Data from Chainspect

Repos

Ethereum has 1.58X more repos than Algorand

Ethereum logo
258
Algorand logo
163

Data from Chainspect

Commits

Ethereum has 9.01X more commits than Algorand

Ethereum logo
336,725
Algorand logo
37,393

Data from Chainspect

Stars

Ethereum has 26X more stars than Algorand

Ethereum logo
131,907
Algorand logo
5,096

Data from Chainspect

Watchers

Ethereum has 11X more watchers than Algorand

Ethereum logo
10,064
Algorand logo
920

Data from Chainspect

Ethereum vs Algorand Financials New

Chain Revenue

Ethereum chain revenue is 2,578X higher than Algorand chain revenue

Ethereum logo
$457K
Algorand logo
$177.3

Data from Chainspect

Average Transaction Fee

Ethereum average transaction fee is 1,265X higher than Algorand average transaction fee

Ethereum logo
$0.3259
Algorand logo
$0.0002575

Data from Chainspect

Price

Ethereum price is 22,030X higher than Algorand price

Ethereum logo
$3,858
Algorand logo
$0.1751

Data from Chainspect

Market Cap

Ethereum market cap is 302X higher than Algorand market cap

Ethereum logo
$465.7B
Algorand logo
$1.539B

Data from Chainspect

Ethereum vs Algorand Real-Time TPS Chart

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Other Comparisons

About Blockchains

About Ethereum

Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.

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

Ethereum Socials

Algorand Socials