# ICP vs Waterfall

Side-by-side fundamentals for ICP and Waterfall tracked by Chainspect.

| Metric                       | ICP                  | Waterfall            |
| ---------------------------- | -------------------- | -------------------- |
| Real-time TPS (1H)           | 5.13K tx/s           | 0 tx/s               |
| Max TPS (100 blocks)         | 25.6K tx/s           | 83.3K tx/s           |
| Theoretical TPS              | 210K tx/s            | 41.7K tx/s           |
| Transaction Volume (1H)      | 18.5M txns           | 0 txns               |
| Block Time (1H)              | 480ms                | 0s                   |
| Finality Time                | Instant              | 24s                  |
| Total Transactions           | 315B txns            | 34.1M txns           |
| Launch Date                  | May 10, 2021         | Jul 17, 2024         |
| Nakamoto Coefficient         | 14                   | 1                    |
| Validators/Miners            | 618                  | 4                    |
| Stake/Hashrate               | $581M                | —                    |
| Consensus Mechanism          | Proof of Useful Work | Proof of Stake (PoS) |
| Governance                   | On-chain             | Council              |
| On-Chain Revenue (1D)        | $9.62K               | —                    |
| Average Transaction Fee (1D) | $0.0₄207             | —                    |
| Price                        | $2.38                | —                    |
| Market Cap                   | $1.33B               | —                    |
| FDV                          | $1.33B               | —                    |
| Market Cap / FDV             | 100.00%              | —                    |
| Developers                   | 802                  | 790                  |
| Commits                      | 122,984              | 23,574               |
| Repos                        | 183                  | 14                   |
| Stars                        | 8,542                | 3                    |

Source: https://chainspect.app/compare/icp-vs-waterfall