Bitcoin

Chain stats


Real-Time TPS

4.66 tx/s

Max Recorded TPS

12.36 tx/s

Max Theoretical TPS

7 tx/s

Block Time

5m 27s

TTF

1h

Type

Layer 1

Governance Model

Off-chain

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What is 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.

Token symbol:
BTC

Metrics Overview:
Bitcoin TPS is 4.66 transactions per second
Bitcoin Max TPS is 12.36 transactions per second
Bitcoin Max Theoretical TPS is 7 transactions per second
Bitcoin block time is 5m 27s
Bitcoin TTF is 1h
Bitcoin is a Layer 1 blockchain
Bitcoin governance model is off-chain

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