Compare Bitcoin vs Algorand

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Bitcoin vs Algorand Scalability

Real-time TPS (1H)

Bitcoin TPS is 1.56X higher than Algorand TPS

14.22 tx/s

9.13 tx/s

Data from Chainspect

Max TPS (100 blocks)

Bitcoin max TPS is 99.76% lower than Algorand max TPS

13.48 tx/s

5,716 tx/s

Data from Chainspect

Max Theoretical TPS

Bitcoin max theoretical TPS is 99.92% lower than Algorand max theoretical TPS

7 tx/s

9,384 tx/s

Data from Chainspect

Transaction Volume (1H)

Bitcoin transaction volume is 1.4X higher than Algorand transaction volume

46K txns

32.8K txns

Data from Chainspect

Block Time (1H)

Bitcoin block time is 117X longer than Algorand block time

5m 23s

2.76s

Data from Chainspect

Finality

Bitcoin finality is 100% longer than Algorand finality

Data from Chainspect

Type

Bitcoin and Algorand are both layer 1 blockchains

Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

Bitcoin has 59.84% fewer total transactions than Algorand

1.4B txns

3.48B txns

Data from Chainspect

Launch Date

Bitcoin was launched 10 years before Algorand

Jan 3, 2009

Jun 12, 2019

Data from Chainspect

Bitcoin vs Algorand Decentralization

Nakamoto Coefficient

Bitcoin Nakamoto Coefficient is 75% lower than Algorand Nakamoto Coefficient

Data from Chainspect

Validators/Miners

Bitcoin has 90.43% fewer miners than Algorand has validators

146

1,526

Data from Chainspect

Stake/Hashrate

Bitcoin hashrate is 1.08K EH/s, while Algorand stake is $165.9M

1.08K EH/s

$165.9M

Data from Chainspect

Consensus Mechanism

Bitcoin is PoW, while Algorand is Pure Proof of Stake

Proof of Work (PoW)

Pure Proof of Stake

Data from Chainspect

Governance

Bitcoin off-chain governance is worse than Algorand on-chain governance

Off-chain

On-chain

Data from Chainspect

Bitcoin vs Algorand Developer Activity

Developers

Bitcoin has 3.67X more developers than Algorand

1,991

542

Data from Chainspect

Commits

Bitcoin has 2.85X more commits than Algorand

123,849

43,482

Data from Chainspect

Repos

Bitcoin has 87.56% fewer repos than Algorand

185

Data from Chainspect

Stars

Bitcoin has 21X more stars than Algorand

107,542

5,102

Data from Chainspect

Watchers

Bitcoin has 7.67X more watchers than Algorand

5,566

726

Data from Chainspect

Bitcoin vs Algorand Financials New

Chain Revenue

Bitcoin chain revenue is 1,872X higher than Algorand chain revenue

$149.8K

$80.03

Data from Chainspect

Average Transaction Fee

Bitcoin average transaction fee is 1,511X higher than Algorand average transaction fee

$0.1667

$0.0001103

Data from Chainspect

Market Cap

Bitcoin market cap is 1,743X higher than Algorand market cap

$1.3T

$746M

Data from Chainspect

FDV

Bitcoin FDV is 1,636X higher than Algorand FDV

$1.361T

$831.7M

Data from Chainspect

Market Cap / FDV

Bitcoin Market Cap to FDV ratio is 1.06X higher than Algorand Market Cap to FDV ratio

95.52%

89.69%

Data from Chainspect

Price

Bitcoin price is 779,148X higher than Algorand price

$64,810

$0.08317

Data from Chainspect

Bitcoin vs Algorand Real-time TPS Chart

Other Comparisons

Bitcoin Comparisons

Algorand Comparisons

About Blockchains

About Bitcoin

Bitcoin stands as a leading cryptocurrency and payment network, utilizing peer-to-peer technology to operate without central authorities. It embraces global participation as an open-source platform. A notable advancement in Bitcoin is the introduction of ordinals and inscriptions. Launched in January 2023, the Bitcoin ordinals protocol enables the embedding of digital content like art, text, or video directly onto the Bitcoin blockchain. This innovation allows for the creation of exclusive digital collectibles, giving each satoshi a unique identity and purpose, broadening Bitcoin's utility beyond its role as a store of value.

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.

Compare Bitcoin vs Algorand

Bitcoin vs Algorand Scalability

Real-time TPS (1H)

Max TPS (100 blocks)

Max Theoretical TPS

Transaction Volume (1H)

Block Time (1H)

Finality

Type

Total Transactions (All time)

Launch Date

Bitcoin vs Algorand Decentralization

Nakamoto Coefficient

Validators/Miners

Stake/Hashrate

Consensus Mechanism

Governance

Bitcoin vs Algorand Developer Activity

Developers

Commits

Repos

Stars

Watchers

Bitcoin vs Algorand Financials New

Chain Revenue

Average Transaction Fee

Market Cap

FDV

Market Cap / FDV

Price

Bitcoin vs Algorand Real-time TPS Chart

Other Comparisons

Bitcoin Comparisons

Algorand Comparisons

About Blockchains

About Bitcoin

About Algorand

Blockchains Socials

Bitcoin Socials

Algorand Socials