Gnosis Chain vs Algorand

Gnosis Chain vs Algorand Scalability

Real-time TPS

Chainspect

Gnosis Chain TPS is 45.83% lower than Algorand TPS

Gnosis Chain logo
2.88 tx/s
Algorand logo
5.32 tx/s

Max TPS (100 blocks)

Chainspect

Gnosis Chain max TPS is 98.58% lower than Algorand max TPS

Gnosis Chain logo
80.9 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Gnosis Chain max theoretical TPS is 98.27% lower than Algorand max theoretical TPS

Gnosis Chain logo
161.9 tx/s
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Gnosis Chain transaction volume is 45.83% lower than Algorand transaction volume

Gnosis Chain logo
10,367 txns
Algorand logo
19,141 txns

Block Time

Chainspect

Gnosis Chain block time is 1.81X longer than Algorand block time

Gnosis Chain logo
5.16s
Algorand logo
2.86s

Finality

Chainspect

Gnosis Chain finality is 100% longer than Algorand finality

Gnosis Chain logo
2m 40s
Algorand logo
0s

Type

Chainspect

Gnosis Chain is a sidechain, while Algorand is a layer 1 blockchain

Gnosis Chain logo
Sidechain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Gnosis Chain was launched 8 months before Algorand

Gnosis Chain logo
Oct 8, 2018
Algorand logo
Jun 12, 2019

Gnosis Chain vs Algorand Decentralization

Nakamoto Coefficient

Chainspect

Gnosis Chain has no data, while Algorand Nakamoto Coefficient is 12

Gnosis Chain logo
—
Algorand logo
12

Validators

Chainspect

Gnosis Chain has 167X more validators than Algorand

Gnosis Chain logo
312,700
Algorand logo
1,874

Stake

Chainspect

Gnosis Chain stake is 88.74% lower than Algorand stake

Gnosis Chain logo
$53.37M
Algorand logo
$474.3M

Consensus Mechanism

Chainspect

Gnosis Chain is PoS, while Algorand is Pure Proof of Stake

Gnosis Chain logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Governance

Chainspect

Gnosis Chain multisig governance is worse than Algorand on-chain governance

Gnosis Chain logo
Multisig
Algorand logo
On-chain

Gnosis Chain vs Algorand Developer Activity New

Developers

Chainspect

Gnosis Chain has 65.48% fewer developers than Algorand

Gnosis Chain logo
185
Algorand logo
536

Repos

Chainspect

Gnosis Chain has 62.5% fewer repos than Algorand

Gnosis Chain logo
60
Algorand logo
160

Commits

Chainspect

Gnosis Chain has 1.27X more commits than Algorand

Gnosis Chain logo
44,956
Algorand logo
35,349

Stars

Chainspect

Gnosis Chain has 94.37% fewer stars than Algorand

Gnosis Chain logo
285
Algorand logo
5,063

Watchers

Chainspect

Gnosis Chain has 86.02% fewer watchers than Algorand

Gnosis Chain logo
137
Algorand logo
980

Gnosis Chain vs Algorand Real-Time TPS Chart

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Other Comparisons

About Blockchains

About Gnosis Chain

Gnosis Chain operates as an execution-layer Ethereum Virtual Machine (EVM) chain, utilizing the xDAI stablecoin for transactions and fee payments. Its security is ensured by the Gnosis Beacon Chain (GBC), which employs a Proof-of-Stake consensus mechanism akin to Cardano and Solana. Users stake GNO tokens to participate in transaction validation, earning additional GNO rewards for contributing to network security.

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

Gnosis Chain Socials

Algorand Socials