Compare Algorand vs Bitlayer
Algorand vs Bitlayer Scalability
Real-time TPS (1H)
Algorand TPS is 7.83 tx/s, while Bitlayer has no data
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 5,716 tx/s, while Bitlayer has no data
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 9,384 tx/s, while Bitlayer has no data
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 28.2K txns, while Bitlayer has no data
Data from Chainspect
Block Time (1H)
Algorand block time is 2.82s, while Bitlayer has no data
Data from Chainspect
Finality
Algorand finality is 0s, while Bitlayer has no data
Data from Chainspect
Type
Algorand is a layer 1 blockchain, while Bitlayer has no data
Data from Chainspect
Total Transactions
Algorand has 3.29B total transactions, while Bitlayer has no data
Data from Chainspect
Launch Date
Algorand was launched on Jun 12, 2019, while the Bitlayer has no data
Data from Chainspect
Algorand vs Bitlayer Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Bitlayer has no data
Data from Chainspect
Validators/Miners
Algorand has 1,802 validators, while Bitlayer has no data
Data from Chainspect
Stake/Hashrate
Algorand stake is $349M, while Bitlayer has no data
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Bitlayer has no data
Data from Chainspect
Governance
Algorand governance is on-chain, while Bitlayer has no data
Data from Chainspect
Algorand vs Bitlayer Developer Activity
Developers
Algorand has 539 developers, while Bitlayer has no data
Data from Chainspect
Repos
Algorand has 166 repos, while Bitlayer has no data
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Commits
Algorand has 37,743 commits, while Bitlayer has no data
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Stars
Algorand has 5,106 stars, while Bitlayer has no data
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Watchers
Algorand has 922 watchers, while Bitlayer has no data
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Algorand vs Bitlayer Financials New
Chain Revenue
Algorand chain revenue is $217, while Bitlayer has no data
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is $0.0002934, while Bitlayer has no data
Data from Chainspect
Price
Algorand price is $0.1793, while Bitlayer has no data
Data from Chainspect
Market Cap
Algorand market cap is $1.577B, while Bitlayer has no data
Data from Chainspect
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.