Bitcoin vs Bitlayer Scalability
Real-time TPS
Bitcoin TPS is 5.91 tx/s, while Bitlayer has no data
Max TPS (100 blocks)
Bitcoin max TPS is 13.2 tx/s, while Bitlayer has no data
Max Theoretical TPS
Bitcoin max theoretical TPS is 7 tx/s, while Bitlayer has no data
Transaction Volume
Bitcoin transaction volume is 21,265 txns, while Bitlayer has no data
Block Time
Bitcoin block time is 8m 13s, while Bitlayer has no data
Finality
Bitcoin finality is 1h, while Bitlayer has no data
Type
Bitcoin is a layer 1 blockchain, while Bitlayer has no data
Launch Date
Bitcoin was launched on Jan 3, 2009, while the Bitlayer has no data
Bitcoin vs Bitlayer Decentralization New
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 3, while Bitlayer has no data
Validators/Miners
Bitcoin has 95 miners, while Bitlayer has no data
Stake/Hashrate
Bitcoin hashrate is 898 EH/s, while Bitlayer has no data
Consensus Mechanism
Bitcoin is PoW, while Bitlayer has no data
Governance
Bitcoin governance is off-chain, while Bitlayer has no data
Other Comparisons
Bitcoin 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 Bitlayer
Bitlayer is an innovative Layer-2 solution specifically developed for the Bitcoin network. The core innovation lies in its utilization of the BitVM paradigm, which allows for the execution of smart contracts and decentralized applications (dApps) on the Bitcoin network.