Real-Time TPS
Algorand TPS is 2.27X more than Bitcoin TPS
Max Recorded TPS
Algorand max TPS is 462X more than Bitcoin max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 1,341X more than Bitcoin max theoretical TPS
Block Time
Algorand block time is 99.74% less than Bitcoin block time
Time to Finality (TTF)
Algorand TTF is 100% less than Bitcoin TTF
Type
Algorand and Bitcoin are both layer 1 blockchains
Governance Model
Algorand on-chain governance is better than Bitcoin off-chain governance
Other Comparisons
Algorand Comparisons
About Blockchains
What is 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.
What is 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.