Compare Algorand vs Gnosis Chain
Open in ChatGPTAlgorand vs Gnosis Chain Scalability
Real-time TPS (1H)
Algorand TPS is 3.37X higher than Gnosis Chain TPS
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 71X higher than Gnosis Chain max TPS
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 58X higher than Gnosis Chain max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 3.37X higher than Gnosis Chain transaction volume
Data from Chainspect
Block Time (1H)
Algorand block time is 46.16% shorter than Gnosis Chain block time
Data from Chainspect
Finality
Algorand finality is 100% shorter than Gnosis Chain finality
Data from Chainspect
Type
Algorand is a layer 1 blockchain, while Gnosis Chain is a sidechain
Data from Chainspect
Total Transactions
Algorand has 10X more total transactions than Gnosis Chain
Data from Chainspect
Launch Date
Algorand was launched 8 months after Gnosis Chain
Data from Chainspect
Algorand vs Gnosis Chain Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Gnosis Chain has no data
Data from Chainspect
Validators
Algorand has 99.11% fewer validators than Gnosis Chain
Data from Chainspect
Stake
Algorand stake is 5.55X higher than Gnosis Chain stake
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Gnosis Chain is PoS
Data from Chainspect
Governance
Algorand on-chain governance is better than Gnosis Chain multisig governance
Data from Chainspect
Algorand vs Gnosis Chain Developer Activity
Developers
Algorand has 2.81X more developers than Gnosis Chain
Data from Chainspect
Repos
Algorand has 2.69X more repos than Gnosis Chain
Data from Chainspect
Commits
Algorand has 15.61% fewer commits than Gnosis Chain
Data from Chainspect
Stars
Algorand has 18X more stars than Gnosis Chain
Data from Chainspect
Watchers
Algorand has 9.15X more watchers than Gnosis Chain
Data from Chainspect
Algorand vs Gnosis Chain Financials New
Chain Revenue
Algorand chain revenue is 1.7X higher than Gnosis Chain chain revenue
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is 61.92% lower than Gnosis Chain average transaction fee
Data from Chainspect
Price
Algorand price is 99.89% lower than Gnosis Chain price
Data from Chainspect
Market Cap
Algorand market cap is 3.57X higher than Gnosis Chain market cap
Data from Chainspect
Algorand vs Gnosis Chain Real-Time TPS Chart
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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 Gnosis Chain
Gnosis Chain operates as an execution-layer Ethereum Virtual Machine (EVM) chain, utilizing the xDAI stablecoin for transactions and fee payments. Its security is ensured by the Gnosis Beacon Chain (GBC), which employs a Proof-of-Stake consensus mechanism akin to Cardano and Solana. Users stake GNO tokens to participate in transaction validation, earning additional GNO rewards for contributing to network security.