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- Bitcoin vs Gnosis Chain
Bitcoin vs Gnosis Chain Scalability
Real-time TPS
Bitcoin TPS is 2.64X higher than Gnosis Chain TPS
Max TPS (100 blocks)
Bitcoin max TPS is 83.68% lower than Gnosis Chain max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 95.67% lower than Gnosis Chain max theoretical TPS
Transaction Volume
Bitcoin transaction volume is 2.64X higher than Gnosis Chain transaction volume
Block Time
Bitcoin block time is 128X longer than Gnosis Chain block time
Finality
Bitcoin finality is 23X longer than Gnosis Chain finality
Type
Bitcoin is a layer 1 blockchain, while Gnosis Chain is a sidechain
Launch Date
Bitcoin was launched 10 years before Gnosis Chain
Bitcoin vs Gnosis Chain Decentralization New
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 3, while Gnosis Chain has no data
Validators/Miners
Bitcoin has 99.97% fewer miners than Gnosis Chain has validators
Stake/Hashrate
Bitcoin hashrate is 898 EH/s, while Gnosis Chain stake is $47.93M
Consensus Mechanism
Bitcoin is PoW, while Gnosis Chain is PoS
Governance
Bitcoin off-chain governance is better than Gnosis Chain multisig governance
Bitcoin vs Gnosis Chain Real-Time TPS Chart
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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 Gnosis Chain
Gnosis Chain operates as an execution-layer Ethereum Virtual Machine (EVM) chain, utilizing the xDAI stablecoin for transactions and fee payments. Its security is ensured by the Gnosis Beacon Chain (GBC), which employs a Proof-of-Stake consensus mechanism akin to Cardano and Solana. Users stake GNO tokens to participate in transaction validation, earning additional GNO rewards for contributing to network security.