Bitcoin vs Algorand Scalability

Real-time TPS (1H)

Bitcoin TPS is 1.8X higher than Algorand TPS

Bitcoin logo
16.64 tx/s
Algorand logo
9.25 tx/s

Data from Chainspect

Max TPS (100 blocks)

Bitcoin max TPS is 99.76% lower than Algorand max TPS

Bitcoin logo
13.2 tx/s
Algorand logo
5,716 tx/s

Data from Chainspect

Max Theoretical TPS

Bitcoin max theoretical TPS is 99.92% lower than Algorand max theoretical TPS

Bitcoin logo
7 tx/s
Algorand logo
9,384 tx/s

Data from Chainspect

Transaction Volume (1H)

Bitcoin transaction volume is 1.36X higher than Algorand transaction volume

Bitcoin logo
45.4K txns
Algorand logo
33.3K txns

Data from Chainspect

Block Time (1H)

Bitcoin block time is 111X longer than Algorand block time

Bitcoin logo
5m 3s
Algorand logo
2.74s

Data from Chainspect

Finality

Bitcoin finality is 100% longer than Algorand finality

Bitcoin logo
1h
Algorand logo
0s

Data from Chainspect

Type

Bitcoin and Algorand are both layer 1 blockchains

Bitcoin logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

Bitcoin has 60.21% fewer total transactions than Algorand

Bitcoin logo
1.37B txns
Algorand logo
3.45B txns

Data from Chainspect

Launch Date

Bitcoin was launched 10 years before Algorand

Bitcoin logo
Jan 3, 2009
Algorand logo
Jun 12, 2019

Data from Chainspect

Bitcoin vs Algorand Decentralization

Nakamoto Coefficient

Bitcoin Nakamoto Coefficient is 66.66% lower than Algorand Nakamoto Coefficient

Bitcoin logo
4
Algorand logo
12

Data from Chainspect

Validators/Miners

Bitcoin has 90.23% fewer miners than Algorand has validators

Bitcoin logo
151
Algorand logo
1,546

Data from Chainspect

Stake/Hashrate

Bitcoin hashrate is 1.14K EH/s, while Algorand stake is $196.4M

Bitcoin logo
1.14K EH/s
Algorand logo
$196.4M

Data from Chainspect

Consensus Mechanism

Bitcoin is PoW, while Algorand is Pure Proof of Stake

Bitcoin logo
Proof of Work (PoW)
Algorand logo
Pure Proof of Stake

Data from Chainspect

Governance

Bitcoin off-chain governance is worse than Algorand on-chain governance

Bitcoin logo
Off-chain
Algorand logo
On-chain

Data from Chainspect

Bitcoin vs Algorand Developer Activity

Developers

Bitcoin has 3.67X more developers than Algorand

Bitcoin logo
1,984
Algorand logo
540

Data from Chainspect

Commits

Bitcoin has 2.85X more commits than Algorand

Bitcoin logo
122,535
Algorand logo
42,981

Data from Chainspect

Repos

Bitcoin has 87.5% fewer repos than Algorand

Bitcoin logo
23
Algorand logo
184

Data from Chainspect

Stars

Bitcoin has 21X more stars than Algorand

Bitcoin logo
107,253
Algorand logo
5,085

Data from Chainspect

Watchers

Bitcoin has 7.63X more watchers than Algorand

Bitcoin logo
5,545
Algorand logo
727

Data from Chainspect

Bitcoin vs Algorand Financials New

Chain Revenue

Bitcoin chain revenue is 1,471X higher than Algorand chain revenue

Bitcoin logo
$217.8K
Algorand logo
$148.1

Data from Chainspect

Average Transaction Fee

Bitcoin average transaction fee is 1,769X higher than Algorand average transaction fee

Bitcoin logo
$0.2671
Algorand logo
$0.000151

Data from Chainspect

Market Cap

Bitcoin market cap is 1,465X higher than Algorand market cap

Bitcoin logo
$1.262T
Algorand logo
$861.4M

Data from Chainspect

FDV

Bitcoin FDV is 1,370X higher than Algorand FDV

Bitcoin logo
$1.322T
Algorand logo
$965M

Data from Chainspect

Market Cap / FDV

Bitcoin Market Cap to FDV ratio is 1.07X higher than Algorand Market Cap to FDV ratio

Bitcoin logo
95.45%
Algorand logo
89.26%

Data from Chainspect

Price

Bitcoin price is 652,605X higher than Algorand price

Bitcoin logo
$62,980
Algorand logo
$0.0965

Data from Chainspect

Bitcoin vs Algorand Real-time TPS Chart

Other Comparisons

About Blockchains

About Bitcoin

Bitcoin stands as a leading cryptocurrency and payment network, utilizing peer-to-peer technology to operate without central authorities. It embraces global participation as an open-source platform. A notable advancement in Bitcoin is the introduction of ordinals and inscriptions. Launched in January 2023, the Bitcoin ordinals protocol enables the embedding of digital content like art, text, or video directly onto the Bitcoin blockchain. This innovation allows for the creation of exclusive digital collectibles, giving each satoshi a unique identity and purpose, broadening Bitcoin's utility beyond its role as a store of value.

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.

Blockchains Socials

Bitcoin Socials

Algorand Socials

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