Compare Gnosis Chain vs Algorand

Gnosis Chain vs Algorand Scalability

Real-time TPS (1H)

Gnosis Chain TPS is 67.47% lower than Algorand TPS

Gnosis Chain logo
2.84 tx/s
Algorand logo
8.72 tx/s

Data from Chainspect

Max TPS (100 blocks)

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

Data from Chainspect

Max Theoretical TPS

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

Data from Chainspect

Transaction Volume (1H)

Gnosis Chain transaction volume is 67.47% lower than Algorand transaction volume

Gnosis Chain logo
10.2K txns
Algorand logo
31.4K txns

Data from Chainspect

Block Time (1H)

Gnosis Chain block time is 1.85X longer than Algorand block time

Gnosis Chain logo
5.19s
Algorand logo
2.81s

Data from Chainspect

Finality

Gnosis Chain finality is 100% longer than Algorand finality

Gnosis Chain logo
2m 40s
Algorand logo
0s

Data from Chainspect

Type

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

Gnosis Chain logo
Sidechain
Algorand logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Gnosis Chain has 90.25% fewer total transactions than Algorand

Gnosis Chain logo
320M txns
Algorand logo
3.29B txns

Data from Chainspect

Launch Date

Gnosis Chain was launched 8 months before Algorand

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

Data from Chainspect

Gnosis Chain vs Algorand Decentralization

Nakamoto Coefficient

Gnosis Chain has no data, while Algorand Nakamoto Coefficient is 11

Gnosis Chain logo
—
Algorand logo
11

Data from Chainspect

Validators

Gnosis Chain has 139X more validators than Algorand

Gnosis Chain logo
247,800
Algorand logo
1,785

Data from Chainspect

Stake

Gnosis Chain stake is 85.09% lower than Algorand stake

Gnosis Chain logo
$47.92M
Algorand logo
$321.6M

Data from Chainspect

Consensus Mechanism

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

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

Data from Chainspect

Governance

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

Gnosis Chain logo
Multisig
Algorand logo
On-chain

Data from Chainspect

Gnosis Chain vs Algorand Developer Activity

Developers

Gnosis Chain has 64.37% fewer developers than Algorand

Gnosis Chain logo
192
Algorand logo
539

Data from Chainspect

Repos

Gnosis Chain has 62.65% fewer repos than Algorand

Gnosis Chain logo
62
Algorand logo
166

Data from Chainspect

Commits

Gnosis Chain has 1.2X more commits than Algorand

Gnosis Chain logo
45,293
Algorand logo
37,758

Data from Chainspect

Stars

Gnosis Chain has 94.33% fewer stars than Algorand

Gnosis Chain logo
289
Algorand logo
5,106

Data from Chainspect

Watchers

Gnosis Chain has 89.04% fewer watchers than Algorand

Gnosis Chain logo
101
Algorand logo
922

Data from Chainspect

Gnosis Chain vs Algorand Financials New

Chain Revenue

Gnosis Chain chain revenue is 17.67% lower than Algorand chain revenue

Gnosis Chain logo
$143.3
Algorand logo
$174

Data from Chainspect

Average Transaction Fee

Gnosis Chain average transaction fee is 3.09X higher than Algorand average transaction fee

Gnosis Chain logo
$0.0007795
Algorand logo
$0.000252

Data from Chainspect

Price

Gnosis Chain price is 758X higher than Algorand price

Gnosis Chain logo
$123.2
Algorand logo
$0.1625

Data from Chainspect

Market Cap

Gnosis Chain market cap is 77.24% lower than Algorand market cap

Gnosis Chain logo
$325.2M
Algorand logo
$1.429B

Data from Chainspect

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