Algorand vs Bitcoin

Algorand vs Bitcoin Scalability

Real-time TPS

Chainspect

Algorand TPS is 20.64% lower than Bitcoin TPS

Algorand logo
6.18 tx/s
Bitcoin logo
7.78 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 433X higher than Bitcoin max TPS

Algorand logo
5,716 tx/s
Bitcoin logo
13.2 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 1,341X higher than Bitcoin max theoretical TPS

Algorand logo
9,384 tx/s
Bitcoin logo
7 tx/s

Transaction Volume

Chainspect

Algorand transaction volume is 20.64% lower than Bitcoin transaction volume

Algorand logo
22,231 txns
Bitcoin logo
28,015 txns

Block Time

Chainspect

Algorand block time is 99.16% shorter than Bitcoin block time

Algorand logo
2.8s
Bitcoin logo
5m 33s

Finality

Chainspect

Algorand finality is 100% shorter than Bitcoin finality

Algorand logo
0s
Bitcoin logo
1h

Type

Chainspect

Algorand and Bitcoin are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
Bitcoin logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 10 years after Bitcoin

Algorand logo
Jun 12, 2019
Bitcoin logo
Jan 3, 2009

Algorand vs Bitcoin Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 4X higher than Bitcoin Nakamoto Coefficient

Algorand logo
12
Bitcoin logo
3

Validators/Miners

Chainspect

Algorand has 20X more validators than Bitcoin has miners

Algorand logo
1,903
Bitcoin logo
95

Stake/Hashrate

Chainspect

Algorand stake is $481.1M, while Bitcoin hashrate is 898 EH/s

Algorand logo
$481.1M
Bitcoin logo
898 EH/s

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while Bitcoin is PoW

Algorand logo
Pure Proof of Stake
Bitcoin logo
Proof of Work (PoW)

Governance

Chainspect

Algorand on-chain governance is better than Bitcoin off-chain governance

Algorand logo
On-chain
Bitcoin logo
Off-chain

Algorand vs Bitcoin Real-Time TPS Chart

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Other Comparisons

About Blockchains

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.

About Bitcoin

Bitcoin stands as a leading cryptocurrency and payment network, utilizing peer-to-peer technology to operate without central authorities. It embraces global participation as an open-source platform. A notable advancement in Bitcoin is the introduction of ordinals and inscriptions. Launched in January 2023, the Bitcoin ordinals protocol enables the embedding of digital content like art, text, or video directly onto the Bitcoin blockchain. This innovation allows for the creation of exclusive digital collectibles, giving each satoshi a unique identity and purpose, broadening Bitcoin's utility beyond its role as a store of value.

Blockchains Socials

Algorand Socials

Bitcoin Socials