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- ICP vs Algorand
ICP vs Algorand Scalability
Real-time TPS
ICP TPS is 218X higher than Algorand TPS
Max TPS (100 blocks)
ICP max TPS is 4.48X higher than Algorand max TPS
Max Theoretical TPS
ICP max theoretical TPS is 22X higher than Algorand max theoretical TPS
Transaction Volume
ICP transaction volume is 218X higher than Algorand transaction volume
Block Time
ICP block time is 82.93% shorter than Algorand block time
Finality
ICP finality is the same as Algorand finality
Type
ICP and Algorand are both layer 1 blockchains
Launch Date
ICP was launched 2 years after Algorand
ICP vs Algorand Decentralization New
Nakamoto Coefficient
ICP Nakamoto Coefficient is 35X higher than Algorand Nakamoto Coefficient
Validators
ICP has 23.9% fewer validators than Algorand
Stake
ICP stake is 2.46X higher than Algorand stake
Consensus Mechanism
ICP is Proof of Useful Work, while Algorand is Pure Proof of Stake
Governance
ICP and Algorand governance are both on-chain
ICP vs Algorand Real-Time TPS Chart
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ICP Comparisons
About Blockchains
About ICP
The Internet Computer enables you to build anything without traditional IT and Big Tech. It hosts decentralized serverless compute that’s simpler, immune to cyber attack, unstoppable, and controllable by DAOs. Next-generation smart contracts (named Canisters) that hold both code and state enable truly Decentralized AI. Canisters use Chain Fusion technology to write transctions directly to other chains without centralized bridges, enabling secure multi-chain dapps. Build social, defi, games, e-commerce, enterprise or any kind of application or service on ICP. The internet is evolving.
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.