Arbitrum Nova vs Bitcoin

Arbitrum Nova vs Bitcoin Scalability

Real-time TPS

Chainspect

Arbitrum Nova has no data, while Bitcoin TPS is 7.94 tx/s

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7.94 tx/s

Max TPS (100 blocks)

Chainspect

Arbitrum Nova has no data, while Bitcoin max TPS is 13.2 tx/s

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13.2 tx/s

Max Theoretical TPS

Chainspect

Arbitrum Nova has no data, while Bitcoin max theoretical TPS is 7 tx/s

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7 tx/s

Transaction Volume

Chainspect

Arbitrum Nova has no data, while Bitcoin transaction volume is 28,594 txns

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28,594 txns

Block Time

Chainspect

Arbitrum Nova has no data, while Bitcoin block time is 9m 55s

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9m 55s

Finality

Chainspect

Arbitrum Nova has no data, while Bitcoin finality is 1h

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1h

Type

Chainspect

Arbitrum Nova has no data, while Bitcoin is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

Arbitrum Nova has no data, while Bitcoin was launched on Jan 3, 2009

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Jan 3, 2009

Arbitrum Nova vs Bitcoin Decentralization New

Nakamoto Coefficient

Chainspect

Arbitrum Nova has no data, while Bitcoin Nakamoto Coefficient is 3

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3

Validators/Miners

Chainspect

Arbitrum Nova has no data, while Bitcoin has 95 miners

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95

Stake/Hashrate

Chainspect

Arbitrum Nova has no data, while Bitcoin hashrate is 898 EH/s

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898 EH/s

Consensus Mechanism

Chainspect

Arbitrum Nova has no data, while Bitcoin is PoW

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Proof of Work (PoW)

Governance

Chainspect

Arbitrum Nova has no data, while Bitcoin governance is off-chain

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Off-chain

Other Comparisons

About Blockchains

About Arbitrum Nova

Arbitrum Nova is a high-performance alternative to Arbitrum One's chain. While Arbitrum One implements the purely trustless Rollup protocol, Arbitrum Nova implements the mostly trustless AnyTrust protocol. The key difference between Rollup and AnyTrust is that the AnyTrust protocol introduces an additional trust assumption in the form of a Data Availability Committee (DAC). This committee (detailed below) is responsible for expediting the process of storing, batching, and posting child chain transaction data to Ethereum's parent chain. This lets you use Arbitrum in scenarios that demand performance and affordability, while Arbitrum One is optimal for scenarios that demand Ethereum's pure trustlessness.

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.

Blockchains Socials

Arbitrum Nova Socials

Bitcoin Socials