Real-time TPS
Bitlayer TPS is coming soon, while Algorand TPS is 8.18 tx/s
Max TPS (100 blocks)
Bitlayer max TPS is coming soon, while Algorand max TPS is 5,716 tx/s
Max Theoretical TPS
Bitlayer max theoretical TPS is coming soon, while Algorand max theoretical TPS is 9,384 tx/s
Transaction Volume
Bitlayer transaction volume is coming soon, while Algorand transaction volume is 29,457 txns
Block Time
Bitlayer block time is coming soon, while Algorand block time is 2.78s
Finality
Bitlayer finality is coming soon, while Algorand finality is 0s
Nakamoto Coefficient
Bitlayer and Algorand nakamoto coefficient are both coming soon
Active Addresses
Bitlayer and Algorand active addresses are both coming soon
Governance
Bitlayer governance is coming soon, while Algorand governance is on-chain
Type
Bitlayer type is unknown, while Algorand is a layer 1 blockchain
Launch Date
The Bitlayer launch date is unknown, while Algorand was launched on Jun 12, 2019
Other Comparisons
Bitlayer Comparisons
About Blockchains
About Bitlayer
Bitlayer is an innovative Layer-2 solution specifically developed for the Bitcoin network. The core innovation lies in its utilization of the BitVM paradigm, which allows for the execution of smart contracts and decentralized applications (dApps) on the Bitcoin network.
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.