Bitcoin vs Algorand

Bitcoin vs Algorand Scalability

Real-time TPS

Chainspect

Bitcoin TPS is 78.27% lower than Algorand TPS

Bitcoin logo
2.56 tx/s
Algorand logo
11.8 tx/s

Max TPS (100 blocks)

Chainspect

Bitcoin max TPS is 99.76% lower than Algorand max TPS

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

Max Theoretical TPS

Chainspect

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

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

Transaction Volume

Chainspect

Bitcoin transaction volume is 78.27% lower than Algorand transaction volume

Bitcoin logo
9,225 txns
Algorand logo
42,466 txns

Block Time

Chainspect

Bitcoin block time is 628X longer than Algorand block time

Bitcoin logo
29m 40s
Algorand logo
2.83s

Finality

Chainspect

Bitcoin finality is 100% longer than Algorand finality

Bitcoin logo
1h
Algorand logo
0s

Type

Chainspect

Bitcoin and Algorand are both layer 1 blockchains

Bitcoin logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Bitcoin was launched 10 years before Algorand

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

Bitcoin vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Bitcoin Nakamoto Coefficient is 66.66% lower than Algorand Nakamoto Coefficient

Bitcoin logo
4
Algorand logo
12

Validators/Miners

Chainspect

Bitcoin has 95.25% fewer miners than Algorand has validators

Bitcoin logo
91
Algorand logo
1,917

Stake/Hashrate

Chainspect

Bitcoin hashrate is 883 EH/s, while Algorand stake is 1.881B ALGO

Bitcoin logo
883 EH/s
Algorand logo
1.881B ALGO

Consensus Mechanism

Chainspect

Bitcoin is PoW, while Algorand is Pure Proof of Stake

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

Governance

Chainspect

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

Bitcoin logo
Off-chain
Algorand logo
On-chain

Bitcoin vs Algorand Real-Time TPS Chart

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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