Best Resources about Algorand Vs Cardano

Both Cardano and Algorand provide developers with an alternative to Ethereum’s high gas fees and congestion. As such, they both have seen considerable adoption since their introduction to the market. Here’s some insight into Cardano (ADA) vs Algorand (ALGO).

To ensure the system code is secure and always audited, the Cardano blockchain utilises an academic peer review. The system also aims to be more scalable through the use of side chains. On the part of Algorand, it employs other technologies with the Pure-Proof of Stake to deal with the issues of scalability. They include;

One of the main differentiators between the two blockchain projects is the fact that Cardano believes that cryptocurrency will be regulated one day and has made efforts to be at the forefront of regulatory processes. However, it also promises to retain its seclusion while being regulatory compliant.

While referring to Algorand, Cardano chief Hoskinson voiced similar opinion — “… they are another one of the science coins and we all kind of support each other. Even though we get academically competitive, we’re able to reference each other’s work and learn from each other and grow from each other.”