ICP vs Algorand

ICP vs Algorand Scalability

Real-time TPS

Chainspect

ICP TPS is 218X higher than Algorand TPS

ICP logo
1,106 tx/s
Algorand logo
5.07 tx/s

Max TPS (100 blocks)

Chainspect

ICP max TPS is 4.48X higher than Algorand max TPS

ICP logo
25,621 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

ICP max theoretical TPS is 22X higher than Algorand max theoretical TPS

ICP logo
209,708 tx/s
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

ICP transaction volume is 218X higher than Algorand transaction volume

ICP logo
3,982,706 txns
Algorand logo
18,267 txns

Block Time

Chainspect

ICP block time is 82.93% shorter than Algorand block time

ICP logo
0.48s
Algorand logo
2.81s

Finality

Chainspect

ICP finality is the same as Algorand finality

ICP logo
0s
Algorand logo
0s

Type

Chainspect

ICP and Algorand are both layer 1 blockchains

ICP logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

ICP was launched 2 years after Algorand

ICP logo
May 10, 2021
Algorand logo
Jun 12, 2019

ICP vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

ICP Nakamoto Coefficient is 35X higher than Algorand Nakamoto Coefficient

ICP logo
415
Algorand logo
12

Validators

Chainspect

ICP has 23.9% fewer validators than Algorand

ICP logo
1,448
Algorand logo
1,903

Stake

Chainspect

ICP stake is 2.46X higher than Algorand stake

ICP logo
$1.181B
Algorand logo
$481.1M

Consensus Mechanism

Chainspect

ICP is Proof of Useful Work, while Algorand is Pure Proof of Stake

ICP logo
Proof of Useful Work
Algorand logo
Pure Proof of Stake

Governance

Chainspect

ICP and Algorand governance are both on-chain

ICP logo
On-chain
Algorand logo
On-chain

ICP vs Algorand Real-Time TPS Chart

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Other 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.

Blockchains Socials

ICP Socials

Algorand Socials