Bitcoin vs Algorand
Bitcoin vs Algorand Scalability
Real-time TPS
Bitcoin TPS is 1.36X higher than Algorand TPS
Max TPS (100 blocks)
Bitcoin max TPS is 99.76% lower than Algorand max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.92% lower than Algorand max theoretical TPS
Transaction Volume
Bitcoin transaction volume is 1.36X higher than Algorand transaction volume
Block Time
Bitcoin block time is 159X longer than Algorand block time
Finality
Bitcoin finality is 100% longer than Algorand finality
Type
Bitcoin and Algorand are both layer 1 blockchains
Launch Date
Bitcoin was launched 10 years before Algorand
Bitcoin vs Algorand Decentralization
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 75% lower than Algorand Nakamoto Coefficient
Validators/Miners
Bitcoin has 94.2% fewer miners than Algorand has validators
Stake/Hashrate
Bitcoin hashrate is 861 EH/s, while Algorand stake is $492M
Consensus Mechanism
Bitcoin is PoW, while Algorand is Pure Proof of Stake
Governance
Bitcoin off-chain governance is worse than Algorand on-chain governance
Bitcoin vs Algorand Developer Activity New
Developers
Bitcoin has 3.5X more developers than Algorand
Repos
Bitcoin has 86.25% fewer repos than Algorand
Commits
Bitcoin has 3.22X more commits than Algorand
Stars
Bitcoin has 20X more stars than Algorand
Watchers
Bitcoin has 5.7X more watchers than Algorand
Bitcoin vs Algorand Real-Time TPS Chart
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Other Comparisons
Bitcoin 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.