BNB Chain vs Algorand
BNB Chain vs Algorand Scalability
Real-time TPS
BNB Chain TPS is 34X higher than Algorand TPS
Max TPS (100 blocks)
BNB Chain max TPS is 61.84% lower than Algorand max TPS
Max Theoretical TPS
BNB Chain max theoretical TPS is 76.31% lower than Algorand max theoretical TPS
Transaction Volume
BNB Chain transaction volume is 34X higher than Algorand transaction volume
Block Time
BNB Chain block time is 73.14% shorter than Algorand block time
Finality
BNB Chain finality is 100% longer than Algorand finality
Type
BNB Chain and Algorand are both layer 1 blockchains
Launch Date
BNB Chain was launched 1 year after Algorand
BNB Chain vs Algorand Decentralization
Nakamoto Coefficient
BNB Chain Nakamoto Coefficient is 41.66% lower than Algorand Nakamoto Coefficient
Validators
BNB Chain has 97.58% fewer validators than Algorand
Stake
BNB Chain stake is 53X higher than Algorand stake
Consensus Mechanism
BNB Chain is Proof of Staked Authority, while Algorand is Pure Proof of Stake
Governance
BNB Chain and Algorand governance are both on-chain
BNB Chain vs Algorand Developer Activity New
Developers
BNB Chain has 7.06X more developers than Algorand
Repos
BNB Chain has 9.99% fewer repos than Algorand
Commits
BNB Chain has 4.7X more commits than Algorand
Stars
BNB Chain has 2.64X more stars than Algorand
Watchers
BNB Chain has 1.83X more watchers than Algorand
BNB Chain vs Algorand Real-Time TPS Chart
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Other Comparisons
BNB Chain Comparisons
About Blockchains
About BNB Chain
The BNB Chain, formerly known as Binance Smart Chain (BSC), is a blockchain platform introduced by the cryptocurrency exchange Binance. Its native token, BNB, serves various roles within the ecosystem. BNB acts as the network's transaction fuel, similar to gas on Ethereum, and grants users governance rights to participate in on-chain decision-making. In September 2020, Binance introduced the BNB Smart Chain alongside the BNB Beacon Chain, extending BNB's functionality. The BNB Smart Chain supports smart contracts and staking, offering an Ethereum Virtual Machine (EVM)-compatible infrastructure. This dual-chain design aims to provide a high-performance, cost-effective environment for the blockchain community, ensuring compatibility with existing Ethereum tools and dApps while improving scalability and user experience.
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.