BINANCE CHAIN: 

Binance has a dual-chain architecture of the Binance chain and Binance smart chain which enables its users to build their decentralized apps and digital assets both on one blockchain. All this can be done while also having the advantage of fast trading performance that Binance provides on its Binance Decentralized Exchange (DEX). Some features of the Binance smart chain are as follows:

• Independent Blockchain
• EVM-compatible
• Cross-chain interoperability
• Decentralized governance

Binance Chain is a blockchain software system which is developed by Binance and its community. Binance DEX brings decentralized exchange features developed on the Binance chain which is very beneficial for users. The digital assets can be exchanged or issued on this decentralized chain and works as an alternate marketplace for this purpose.

CARDANO: 

Cardano brings a new standard in technology and as a great platform for changemakers and innovators. This blockchain protocol provides great tools and technologies that are required to make a positive change globally. Cardano is the first proof-of-stake blockchain platform that was built after thorough research and review of peers and developed through evidence-based methods. 

It provides with high-level of security and sustainability to decentralized apps, systems, and societies. Cardano did a test on its speed back in 2017 and found out to be having 257 TPS and according to regular users official transaction times averages between 5-7 minutes. This number is expected to get increased in the coming time.  Block time for Cardano is approximately 20 seconds while for Algorand it is just 4.5 seconds. Cardano uses the Ouroboros model which is different from other proof-of-stake blockchains as there is no minimum amount users have to stake and because of this it is very scalable. This platform builds trust and opens new opportunities in the market place and the security of the platform is through the Ouroboros. Every transaction and exchange is secured and is immutably and transparently recovered and it is a third-generation blockchain. Algorand has the features of instant finality while Cardano does not but Cardano aims to be interoperable with other blockchains soon though not implemented yet.

Cardano serves a decentralized and common community for different people like scientist, engineers, and thought leaders all from different aspects of life and bring them together on one platform to create positive impact and bring new creative ideas and technology for innovation. They will provide solutions to global problems and has open and inclusive technology. Cardano’s used programming languages are Haskell and Plutus and both of them are functional programming languages. Cardano is split into 2 layers which account for its privacy and the layer separates the account value ledger. This way the value can be transferred from one account to the other. 

ETHEREUM:

Ethereum is a distributed public blockchain that is used to run different programming codes of any decentralized application. It is a Layer-1 protocol blockchain and on Ethereum blockchain information can be shared across the globe without getting changed or manipulated. Ethereum is called a second-generation blockchain and Ether is a decentralized digital currency, also known as ETH. Ether powers the Ethereum network by paying for transaction fees and computational services. Ethereum until August 3rd, 2020 was planning to move from a proof-of-work network to a faster proof-of-stake network which is more efficient while Algorand is already a pure proof-of-stake network which makes it more efficient.

Ethereum blockchain is entirely decentralized which means no central authority is involved and it also like Cardano specializes in smart contract technology. The smart technology that Ethereum utilizes is slower, unsecure, and built into layer-2 while Algorand utilizes special smart contract technology built into layer-1. The transaction time on Ethereum is 16 seconds which is fast when compared to the traditional payment system but Algorand’s transaction time is less which makes it more efficient. Ethereum’s primary programming language is Solidity which is helpful in building smart contracts on Ethereum virtual machine but this language is complex and time-consuming.

Currently, Ethereum consists of one layer but for second layer solutions work is in process. Ethereum is working to bring sharding to improve the scalability problems. Ethereum is surely one of the largest and active developer communities in crypto. Ethereum has slower interoperability thus takes longer engagement time as the actions must be coded via smart contracts. The transaction fee of Ethereum is $0.03 which is expensive as compared to that of Algorand. Ethereum has very limited control over the issuance of the token, unlike Algorand which has additional control. There is less regulatory compliance, because of decentralization that is difficult to control.

ALGORAND: 

Algorand is the first pure proof-of-stake, permissionless, and scalable blockchain that provides solutions to all the problems related to existing blockchain. Because of the decentralized nature of Algorand blockchain, it is open to everyone to participate in. Algorand blockchain platform provides with fast speed for the transaction. It allows more than 1000 TPS in less than 5 seconds which is perfect for a blockchain platform. Algorand is a decentralized blockchain platform but still, it is cost-efficient. It has minimal participation costs and lower costs for transactions of just $0.001- x900 cheaper than Ethereum. 

The digital assets of users are not stored in a central place nor is run by a central authority but it is decentralized and assets are distributed across a global ledger utilizing high-level cryptography. Algorand provides additional control when issuing any token and it uses TEAL as its coding programming language and it is easy for developers. Alogrand has built advanced smart contracts in a layer-1 that is faster and secure and fully integrated. 

Algorand is highly scalable when compared to other blockchains like Ethereum and Cardano with 250-500TPS and Ethereum with only 10-15TPS. It also maintains a high-level standard of regulatory compliance. Has a feature of Algorand standard assets which allows interoperability of all assets which means that assets can be sent without conversion issues.