Algorand vs Gnosis Chain Scalability
Real-time TPS
Algorand TPS is 1.75X higher than Gnosis Chain TPS
Max TPS (100 blocks)
Algorand max TPS is 71X higher than Gnosis Chain max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 58X higher than Gnosis Chain max theoretical TPS
Transaction Volume
Algorand transaction volume is 1.75X higher than Gnosis Chain transaction volume
Block Time
Algorand block time is 46.34% shorter than Gnosis Chain block time
Finality
Algorand finality is 100% shorter than Gnosis Chain finality
Type
Algorand is a layer 1 blockchain, while Gnosis Chain is a sidechain
Launch Date
Algorand was launched 8 months after Gnosis Chain
Algorand vs Gnosis Chain Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12, while Gnosis Chain has no data
Validators
Algorand has 99.42% fewer validators than Gnosis Chain
Stake
Algorand stake is 10X higher than Gnosis Chain stake
Consensus Mechanism
Algorand is Pure Proof of Stake, while Gnosis Chain is PoS
Governance
Algorand on-chain governance is better than Gnosis Chain multisig governance
Algorand vs Gnosis Chain Real-Time TPS Chart
Loading Data
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.