Real-time TPS
Bitcoin TPS is 91.01% less than Algorand TPS
Max Recorded TPS
Bitcoin max TPS is 99.76% less than Algorand max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.92% less than Algorand max theoretical TPS
Block Time
Bitcoin block time is 411X more than Algorand block time
Type
Bitcoin and Algorand are both layer 1 blockchains
Governance
Bitcoin off-chain governance is worse than Algorand on-chain governance
Launch Date
Bitcoin was launched 10 years before Algorand
Other Comparisons
Bitcoin Comparisons
Algorand Comparisons
About Blockchains
About Blockchains
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 Blockchains
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.