Difference between revisions of "L1 comparison"

From Internet Computer Wiki
Jump to: navigation, search
Line 12: Line 12:
 
| Finality || 1-2secs || 5-10mins || 2.3secs || 3.5secs || 15mins || 2.4secs || 5-12.8secs
 
| Finality || 1-2secs || 5-10mins || 2.3secs || 3.5secs || 15mins || 2.4secs || 5-12.8secs
 
|-
 
|-
−
| Tx Cost || 0.0004 || 0.33 || y || 0.0003 || 0.57 || 0.0002 || 0.00025
+
| Tx Cost || 0.0004 || 0.33 || 0.01 || 0.0003 || 0.57 || 0.0002 || 0.00025
 
|-
 
|-
 
| Energy Consumption || 0.008 || 51.59 || 4.76 || 2.7 || n || n || 0.166
 
| Energy Consumption || 0.008 || 51.59 || 4.76 || 2.7 || n || n || 0.166
Line 18: Line 18:
 
| On-Chain Storage || $5 (3.95T cycles x 1XDR) || $17,035 - $113,507 (53,236 – 354708ADA) || $206,875 (15,62 5AVAX) || n || 15,494,409 (12,643.75 ETH) || n || 48,625 (3,477.69 SOL)
 
| On-Chain Storage || $5 (3.95T cycles x 1XDR) || $17,035 - $113,507 (53,236 – 354708ADA) || $206,875 (15,62 5AVAX) || n || 15,494,409 (12,643.75 ETH) || n || 48,625 (3,477.69 SOL)
 
|-
 
|-
−
| Nodes / Validators || 549 || 1050 || y || 1530 || n || 798 || y
+
| Nodes / Validators || 549 || 1050 || 1195 || 1530 || n || 798 || y
 
|-
 
|-
 
| Nakamoto coefficient ||  || 22 ||  ||  ||  ||  ||  
 
| Nakamoto coefficient ||  || 22 ||  ||  ||  ||  ||  
 
|-
 
|-
−
| Market Cap ||  || $10,729,261,999 USD || y || n || y || n || n
+
| Market Cap ||  || $10,729,261,999 || $4,111,497,102 || n || y || n || n
 
|-
 
|-
−
| Price ||  || $0.3167 || y || n || y || n || y
+
| Price ||  || $0.3167 || $13.24 || n || y || n || y
 
|-
 
|-
−
| Circulating supply || 274,411,339 ICP || n || n || n || n || n || y
+
| Circulating supply || 274,411,339 ICP || || || n || n || n || y
 
|-
 
|-
−
| Volume || 35.85 Blocks/s || n || n || n || n || n || y
+
| Volume || 35.85 Blocks/s || || || n || n || n || y
 
|-
 
|-
−
| Users ||  || y || n || y || n || y || n
+
| Users ||  || y || || y || n || y || n
 
|-
 
|-
−
| repos, DAOs, dapps, tokens || [https://internetcomputer.org/showcase full web3] || [https://cexplorer.io/dapps nft & defi] || n || y || n || y || n
+
| repos, DAOs, dapps, tokens || [https://internetcomputer.org/showcase full web3] || [https://cexplorer.io/dapps nft & defi] || || y || n || y || n
 
|-
 
|-
−
| Safety threshold ||  || 51% || n || n || n || n || n
+
| Safety threshold ||  || 51% || || n || n || n || n
 
|-
 
|-
−
| Burnt fees || 443ICP || n || y || n || n || n || n
+
| Burnt fees || 443ICP || || 2,047,382.09AVAX || n || n || n || n
 
|}
 
|}
  
Line 59: Line 59:
 
* '''ICP''' : [https://dashboard.internetcomputer.org IC Dashboard]
 
* '''ICP''' : [https://dashboard.internetcomputer.org IC Dashboard]
 
* '''ADA''' : [https://explorer.cardano.org/en Cardano explorer] and [https://cexplorer.io/ cexplorer]
 
* '''ADA''' : [https://explorer.cardano.org/en Cardano explorer] and [https://cexplorer.io/ cexplorer]
−
* '''AVAX''' : [https://snowtrace.io/ Snowtrace]
+
* '''AVAX''' : [https://snowtrace.io/ Snowtrace] and [https://subnets.avax.network/ Avalanche explorer]
 
* '''ALGO''' : [https://www.algorand.com/ Algorand website] and [https://metrics.algorand.org/ Algorand metrics site]
 
* '''ALGO''' : [https://www.algorand.com/ Algorand website] and [https://metrics.algorand.org/ Algorand metrics site]
 
* '''ETH''' : [https://etherscan.io/ Etherscan]
 
* '''ETH''' : [https://etherscan.io/ Etherscan]
 
* '''NEAR''' : [https://explorer.near.org/ Near explorer]
 
* '''NEAR''' : [https://explorer.near.org/ Near explorer]
 
* '''SOL''' : [https://solana.com/ Solana website] and [https://solanabeach.io/ Solana beach]
 
* '''SOL''' : [https://solana.com/ Solana website] and [https://solanabeach.io/ Solana beach]

Revision as of 14:53, 7 December 2022

To get a view of the top performers in the blockchain industry, it's useful to compare across common metrics. Here we build a table that does such a comparison. All data correct as of December 2022.

Metrics explanations and references are given below.

L1 Comparisons
Metrics / L1 ICP ADA AVAX ALGO ETH NEAR SOL
TPS 9’720 2.37 49.52 15.5 11.1 6 3000+ (381 excluding votes)
Finality 1-2secs 5-10mins 2.3secs 3.5secs 15mins 2.4secs 5-12.8secs
Tx Cost 0.0004 0.33 0.01 0.0003 0.57 0.0002 0.00025
Energy Consumption 0.008 51.59 4.76 2.7 n n 0.166
On-Chain Storage $5 (3.95T cycles x 1XDR) $17,035 - $113,507 (53,236 – 354708ADA) $206,875 (15,62 5AVAX) n 15,494,409 (12,643.75 ETH) n 48,625 (3,477.69 SOL)
Nodes / Validators 549 1050 1195 1530 n 798 y
Nakamoto coefficient 22
Market Cap $10,729,261,999 $4,111,497,102 n y n n
Price $0.3167 $13.24 n y n y
Circulating supply 274,411,339 ICP n n n y
Volume 35.85 Blocks/s n n n y
Users y y n y n
repos, DAOs, dapps, tokens full web3 nft & defi y n y n
Safety threshold 51% n n n n
Burnt fees 443ICP 2,047,382.09AVAX n n n n

Metrics

  • TPS measures the transactions processed per second
  • Finality measures the time taken for a block to be finalised
  • Tx Cost measures the cost of a transaction
  • Energy Consumption measures the energy consumption
  • On-Chain Storage measures the cost of storing data on-chain
  • Nodes/Validators measures the number of nodes
  • Nakamoto Coefficient is the count of malicious nodes needed to collude to prevent a blockchain from functioning properly
  • Market Cap is the price of the coin times the number of coins
  • Price denotes the dollar price of the coin
  • Circulating Supply is the count of coins in circulation
  • Volume is the amount transferred in a given period
  • Users counts the users on the network
  • Repos, DAOs, Dapps, Tokens showcases the leading applications supported by the network
  • Safety Threshold is the assumption underlying the safety property of a blockchain
  • Burnt Fees counts the amount of tokens burnt by fees

References

Retrieved from "https://wiki.internetcomputer.org/w/index.php?title=L1_comparison&oldid=3935"