Gnosis Chain vs Algorand

Real-time TPS

Chainspect

Gnosis Chain TPS is 91.07% less than Algorand TPS

Gnosis Chain logo
2.05 tx/s
Algorand logo
22.96 tx/s

Max TPS (100 blocks)

Chainspect

Gnosis Chain max TPS is 98.58% less 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% less than Algorand max theoretical TPS

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

Block Time

Chainspect

Gnosis Chain block time is 1.82X more than Algorand block time

Gnosis Chain logo
5.13s
Algorand logo
2.82s

Finality

Chainspect

Gnosis Chain finality is 100% more than Algorand finality

Gnosis Chain logo
4m
Algorand logo
0s

Type

Chainspect

Gnosis Chain is a layer 2 blockchain, while Algorand is a layer 1 blockchain

Gnosis Chain logo
Layer 2 blockchain
Algorand logo
Layer 1 blockchain

Governance

Chainspect

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

Gnosis Chain logo
Multisig
Algorand logo
On-chain

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 Real-Time TPS Chart

Loading Data

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