Algorand vs BNB Chain

Algorand vs BNB Chain Scalability

Real-time TPS

Chainspect

Algorand TPS is 93.29% lower than BNB Chain TPS

Algorand logo
9.29 tx/s
BNB Chain logo
138.6 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 3.3X higher than BNB Chain max TPS

Algorand logo
5,716 tx/s
BNB Chain logo
1,731 tx/s

Max Theoretical TPS

Chainspect

Algorand max theoretical TPS is 4.22X higher than BNB Chain max theoretical TPS

Algorand logo
9,384 tx/s
BNB Chain logo
2,222 tx/s

Transaction Volume

Chainspect

Algorand transaction volume is 93.29% lower than BNB Chain transaction volume

Algorand logo
33,452 txns
BNB Chain logo
499,055 txns

Block Time

Chainspect

Algorand block time is 3.75X longer than BNB Chain block time

Algorand logo
2.81s
BNB Chain logo
0.75s

Finality

Chainspect

Algorand finality is 100% shorter than BNB Chain finality

Algorand logo
0s
BNB Chain logo
2s

Type

Chainspect

Algorand and BNB Chain are both layer 1 blockchains

Algorand logo
Layer 1 blockchain
BNB Chain logo
Layer 1 blockchain

Launch Date

Chainspect

Algorand was launched 1 year before BNB Chain

Algorand logo
Jun 12, 2019
BNB Chain logo
Sep 1, 2020

Algorand vs BNB Chain Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 1.71X higher than BNB Chain Nakamoto Coefficient

Algorand logo
12
BNB Chain logo
7

Validators

Chainspect

Algorand has 43X more validators than BNB Chain

Algorand logo
1,916
BNB Chain logo
45

Stake

Chainspect

Algorand stake is 1.929B ALGO, while BNB Chain stake is 27.77M BNB

Algorand logo
1.929B ALGO
BNB Chain logo
27.77M BNB

Consensus Mechanism

Chainspect

Algorand is Pure Proof of Stake, while BNB Chain is Proof of Staked Authority

Algorand logo
Pure Proof of Stake
BNB Chain logo
Proof of Staked Authority

Governance

Chainspect

Algorand and BNB Chain governance are both on-chain

Algorand logo
On-chain
BNB Chain logo
On-chain

Algorand vs BNB Chain 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 BNB Chain

The BNB Chain, formerly known as Binance Smart Chain (BSC), is a blockchain platform introduced by the cryptocurrency exchange Binance. Its native token, BNB, serves various roles within the ecosystem. BNB acts as the network's transaction fuel, similar to gas on Ethereum, and grants users governance rights to participate in on-chain decision-making. In September 2020, Binance introduced the BNB Smart Chain alongside the BNB Beacon Chain, extending BNB's functionality. The BNB Smart Chain supports smart contracts and staking, offering an Ethereum Virtual Machine (EVM)-compatible infrastructure. This dual-chain design aims to provide a high-performance, cost-effective environment for the blockchain community, ensuring compatibility with existing Ethereum tools and dApps while improving scalability and user experience.

Blockchains Socials

Algorand Socials

BNB Chain Socials