Compare ICP vs Algorand
Open in ChatGPTICP vs Algorand Scalability
Real-time TPS (1H)
ICP TPS is 264X higher than Algorand TPS
Data from Chainspect
Max TPS (100 blocks)
ICP max TPS is 4.48X higher than Algorand max TPS
Data from Chainspect
Max Theoretical TPS
ICP max theoretical TPS is 22X higher than Algorand max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
ICP transaction volume is 265X higher than Algorand transaction volume
Data from Chainspect
Block Time (1H)
ICP block time is 82.52% shorter than Algorand block time
Data from Chainspect
Finality
ICP finality is the same as Algorand finality
Data from Chainspect
Type
ICP and Algorand are both layer 1 blockchains
Data from Chainspect
Total Transactions (All time)
ICP has 84X more total transactions than Algorand
Data from Chainspect
Launch Date
ICP was launched 2 years after Algorand
Data from Chainspect
ICP vs Algorand Decentralization
Nakamoto Coefficient
ICP Nakamoto Coefficient is 1.08X higher than Algorand Nakamoto Coefficient
Data from Chainspect
Validators
ICP has 57.45% fewer validators than Algorand
Data from Chainspect
Stake
ICP stake is 2.42X higher than Algorand stake
Data from Chainspect
Consensus Mechanism
ICP is Proof of Useful Work, while Algorand is Pure Proof of Stake
Data from Chainspect
Governance
ICP and Algorand governance are both on-chain
Data from Chainspect
ICP vs Algorand Developer Activity
Developers
ICP has 1.44X more developers than Algorand
Data from Chainspect
Commits
ICP has 2.73X more commits than Algorand
Data from Chainspect
Repos
ICP has 4.37% fewer repos than Algorand
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Stars
ICP has 1.65X more stars than Algorand
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Watchers
ICP has 2.38X more watchers than Algorand
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ICP vs Algorand Financials New
Chain Revenue
ICP chain revenue is 26X higher than Algorand chain revenue
Data from Chainspect
Average Transaction Fee
ICP average transaction fee is 88.55% lower than Algorand average transaction fee
Data from Chainspect
Market Cap
ICP market cap is 1.32X higher than Algorand market cap
Data from Chainspect
FDV
ICP FDV is 1.18X higher than Algorand FDV
Data from Chainspect
Market Cap / FDV
ICP Market Cap to FDV ratio is 1.12X higher than Algorand Market Cap to FDV ratio
Data from Chainspect
Price
ICP price is 21X higher than Algorand price
Data from Chainspect
ICP vs Algorand Real-time TPS Chart
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ICP Comparisons
About Blockchains
About ICP
The Internet Computer is a decentralized cloud blockchain that pursues the $1+ trillion cloud market — hosting apps, websites and enterprise systems, fully onchain, where they benefit from extraordinary security and resilience, can do multi-chain token processing, and can be administered in a decentralized way for safety.
A core purpose is “self-writing cloud”, where AI creates apps for mass market users, which are sophisticated and secure, in response to instructions they provide over chat.
The ICP token is burned powering onchain apps, and is a cryptocurrency used in network governance staking.
It’s easy to try — use AI to create onchain apps (e.g. caffeine.ai) or use an online IDE to write serverless code yourself (e.g. icp.ninja)!
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.