Areon vs Bitcoin

Areon vs Bitcoin Scalability

Real-time TPS

Chainspect

Areon has no data, while Bitcoin TPS is 7.97 tx/s

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7.97 tx/s

Max TPS (100 blocks)

Chainspect

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

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13.2 tx/s

Max Theoretical TPS

Chainspect

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

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7 tx/s

Transaction Volume

Chainspect

Areon has no data, while Bitcoin transaction volume is 28,705 txns

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28,705 txns

Block Time

Chainspect

Areon has no data, while Bitcoin block time is 7m 17s

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7m 17s

Finality

Chainspect

Areon has no data, while Bitcoin finality is 1h

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1h

Type

Chainspect

Areon has no data, while Bitcoin is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

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

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Jan 3, 2009

Areon vs Bitcoin Decentralization New

Nakamoto Coefficient

Chainspect

Areon has no data, while Bitcoin Nakamoto Coefficient is 4

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4

Validators/Miners

Chainspect

Areon has no data, while Bitcoin has 89 miners

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89

Stake/Hashrate

Chainspect

Areon has no data, while Bitcoin hashrate is 693 EH/s

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693 EH/s

Consensus Mechanism

Chainspect

Areon has no data, while Bitcoin is PoW

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Proof of Work (PoW)

Governance

Chainspect

Areon has no data, while Bitcoin governance is off-chain

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Off-chain

Other Comparisons

About Blockchains

About Areon

Areon Chain is a revolutionary Layer-1 blockchain that sets new standards in the crypto world with its groundbreaking speed and security. Utilizing the unique "Proof of AREA" algorithm, Areon Chain successfully merges security and speed. Within the system, validator and delegator mechanisms exist, encouraging wider community participation and enhancing the overall robustness of the network.

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

Areon Socials

Bitcoin Socials