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- Bitcoin vs Electra Protocol
Bitcoin vs Electra Protocol Scalability
Real-time TPS
Bitcoin TPS is 5.76 tx/s, while Electra Protocol has no data
Max TPS (100 blocks)
Bitcoin max TPS is 13.2 tx/s, while Electra Protocol has no data
Max Theoretical TPS
Bitcoin max theoretical TPS is 7 tx/s, while Electra Protocol has no data
Transaction Volume
Bitcoin transaction volume is 20,726 txns, while Electra Protocol has no data
Block Time
Bitcoin block time is 10m 59s, while Electra Protocol has no data
Finality
Bitcoin finality is 1h, while Electra Protocol has no data
Type
Bitcoin is a layer 1 blockchain, while Electra Protocol has no data
Launch Date
Bitcoin was launched on Jan 3, 2009, while the Electra Protocol has no data
Bitcoin vs Electra Protocol Decentralization New
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 3, while Electra Protocol has no data
Validators/Miners
Bitcoin has 95 miners, while Electra Protocol has no data
Stake/Hashrate
Bitcoin hashrate is 898 EH/s, while Electra Protocol has no data
Consensus Mechanism
Bitcoin is PoW, while Electra Protocol has no data
Governance
Bitcoin governance is off-chain, while Electra Protocol 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 Electra Protocol
Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.