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- Algorand vs ICP
Algorand vs ICP Scalability
Real-time TPS
Algorand TPS is 99.54% lower than ICP TPS
Max TPS (100 blocks)
Algorand max TPS is 77.69% lower than ICP max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 95.52% lower than ICP max theoretical TPS
Transaction Volume
Algorand transaction volume is 99.54% lower than ICP transaction volume
Block Time
Algorand block time is 5.86X longer than ICP block time
Finality
Algorand finality is the same as ICP finality
Type
Algorand and ICP are both layer 1 blockchains
Launch Date
Algorand was launched 2 years before ICP
Algorand vs ICP Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 97.1% lower than ICP Nakamoto Coefficient
Validators
Algorand has 1.31X more validators than ICP
Stake
Algorand stake is 59.26% lower than ICP stake
Consensus Mechanism
Algorand is Pure Proof of Stake, while ICP is Proof of Useful Work
Governance
Algorand and ICP governance are both on-chain
Algorand vs ICP 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 ICP
The Internet Computer enables you to build anything without traditional IT and Big Tech. It hosts decentralized serverless compute that’s simpler, immune to cyber attack, unstoppable, and controllable by DAOs. Next-generation smart contracts (named Canisters) that hold both code and state enable truly Decentralized AI. Canisters use Chain Fusion technology to write transctions directly to other chains without centralized bridges, enabling secure multi-chain dapps. Build social, defi, games, e-commerce, enterprise or any kind of application or service on ICP. The internet is evolving.