Real-time TPS
Algorand TPS is 8.18 tx/s, while Bitlayer TPS is coming soon
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Bitlayer max TPS is coming soon
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Bitlayer max theoretical TPS is coming soon
Transaction Volume
Algorand transaction volume is 29,433 txns, while Bitlayer transaction volume is coming soon
Block Time
Algorand block time is 2.81s, while Bitlayer block time is coming soon
Finality
Algorand finality is 0s, while Bitlayer finality is coming soon
Nakamoto Coefficient
Algorand and Bitlayer nakamoto coefficient are both coming soon
Active Addresses
Algorand and Bitlayer active addresses are both coming soon
Governance
Algorand governance is on-chain, while Bitlayer governance is coming soon
Type
Algorand is a layer 1 blockchain, while Bitlayer type is unknown
Launch Date
Algorand was launched on Jun 12, 2019, while the Bitlayer launch date is unknown
Other Comparisons
Algorand 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 Bitlayer
Bitlayer is an innovative Layer-2 solution specifically developed for the Bitcoin network. The core innovation lies in its utilization of the BitVM paradigm, which allows for the execution of smart contracts and decentralized applications (dApps) on the Bitcoin network.