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- Bitcoin vs ICP
Bitcoin vs ICP Scalability
Real-time TPS
Bitcoin TPS is 99.47% lower than ICP TPS
Max TPS (100 blocks)
Bitcoin max TPS is 99.94% lower than ICP max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.99% lower than ICP max theoretical TPS
Transaction Volume
Bitcoin transaction volume is 99.47% lower than ICP transaction volume
Block Time
Bitcoin block time is 1,374X longer than ICP block time
Finality
Bitcoin finality is 100% longer than ICP finality
Type
Bitcoin and ICP are both layer 1 blockchains
Launch Date
Bitcoin was launched 12 years before ICP
Bitcoin vs ICP Decentralization New
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 99.27% lower than ICP Nakamoto Coefficient
Validators/Miners
Bitcoin has 93.43% fewer miners than ICP has validators
Stake/Hashrate
Bitcoin hashrate is 898 EH/s, while ICP stake is $1.181B
Consensus Mechanism
Bitcoin is PoW, while ICP is Proof of Useful Work
Governance
Bitcoin off-chain governance is worse than ICP on-chain governance
Bitcoin vs ICP 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 ICP
The Internet Computer enables you to build anything without traditional IT and Big Tech. It hosts decentralized serverless compute that’s simpler, immune to cyber attack, unstoppable, and controllable by DAOs. Next-generation smart contracts (named Canisters) that hold both code and state enable truly Decentralized AI. Canisters use Chain Fusion technology to write transctions directly to other chains without centralized bridges, enabling secure multi-chain dapps. Build social, defi, games, e-commerce, enterprise or any kind of application or service on ICP. The internet is evolving.