Bitcoin vs IoTeX Scalability

Real-time TPS (1H)

Bitcoin TPS is 215X higher than IoTeX TPS

Bitcoin logo
6.69 tx/s
IoTeX logo
0.03 tx/s

Data from Chainspect

Max TPS (100 blocks)

Bitcoin max TPS is 98.4% lower than IoTeX max TPS

Bitcoin logo
13.2 tx/s
IoTeX logo
829.7 tx/s

Data from Chainspect

Max Theoretical TPS

Bitcoin max theoretical TPS is 99.65% lower than IoTeX max theoretical TPS

Bitcoin logo
7 tx/s
IoTeX logo
2,000 tx/s

Data from Chainspect

Transaction Volume (1H)

Bitcoin transaction volume is 215X higher than IoTeX transaction volume

Bitcoin logo
24.1K txns
IoTeX logo
112 txns

Data from Chainspect

Block Time (1H)

Bitcoin block time is 177X longer than IoTeX block time

Bitcoin logo
7m 22s
IoTeX logo
2.5s

Data from Chainspect

Finality

Bitcoin finality is 100% longer than IoTeX finality

Bitcoin logo
1h
IoTeX logo
0s

Data from Chainspect

Type

Bitcoin and IoTeX are both layer 1 blockchains

Bitcoin logo
Layer 1 blockchain
IoTeX logo
Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

Bitcoin has 3.13X more total transactions than IoTeX

Bitcoin logo
1.32B txns
IoTeX logo
421M txns

Data from Chainspect

Launch Date

Bitcoin was launched 10 years before IoTeX

Bitcoin logo
Jan 3, 2009
IoTeX logo
Apr 22, 2019

Data from Chainspect

Bitcoin vs IoTeX Decentralization

Nakamoto Coefficient

Bitcoin Nakamoto Coefficient is 62.5% lower than IoTeX Nakamoto Coefficient

Bitcoin logo
3
IoTeX logo
8

Data from Chainspect

Validators/Miners

Bitcoin has 1.69X more miners than IoTeX has validators

Bitcoin logo
122
IoTeX logo
72

Data from Chainspect

Stake/Hashrate

Bitcoin hashrate is 1.18K EH/s, while IoTeX stake is $22.4M

Bitcoin logo
1.18K EH/s
IoTeX logo
$22.4M

Data from Chainspect

Consensus Mechanism

Bitcoin is PoW, while IoTeX is PoS

Bitcoin logo
Proof of Work (PoW)
IoTeX logo
Proof of Stake (PoS)

Data from Chainspect

Governance

Bitcoin off-chain governance is worse than IoTeX on-chain governance

Bitcoin logo
Off-chain
IoTeX logo
On-chain

Data from Chainspect

Bitcoin vs IoTeX Developer Activity

Developers

Bitcoin has 5.1X more developers than IoTeX

Bitcoin logo
1,934
IoTeX logo
379

Data from Chainspect

Commits

Bitcoin has 5.86X more commits than IoTeX

Bitcoin logo
119,138
IoTeX logo
20,339

Data from Chainspect

Repos

Bitcoin has 82.7% fewer repos than IoTeX

Bitcoin logo
23
IoTeX logo
133

Data from Chainspect

Stars

Bitcoin has 40X more stars than IoTeX

Bitcoin logo
105,877
IoTeX logo
2,642

Data from Chainspect

Watchers

Bitcoin has 6.77X more watchers than IoTeX

Bitcoin logo
5,603
IoTeX logo
828

Data from Chainspect

Bitcoin vs IoTeX Financials New

Chain Revenue

Bitcoin chain revenue is 30,359X higher than IoTeX chain revenue

Bitcoin logo
$199.7K
IoTeX logo
$6.578

Data from Chainspect

Average Transaction Fee

Bitcoin average transaction fee is 221X higher than IoTeX average transaction fee

Bitcoin logo
$0.55
IoTeX logo
$0.002487

Data from Chainspect

Market Cap

Bitcoin market cap is 28,799X higher than IoTeX market cap

Bitcoin logo
$1.422T
IoTeX logo
$49.38M

Data from Chainspect

FDV

Bitcoin FDV is 28,550X higher than IoTeX FDV

Bitcoin logo
$1.493T
IoTeX logo
$52.31M

Data from Chainspect

Market Cap / FDV

Bitcoin Market Cap to FDV ratio is 1.01X higher than IoTeX Market Cap to FDV ratio

Bitcoin logo
95.24%
IoTeX logo
94.41%

Data from Chainspect

Price

Bitcoin price is 13,595,025X higher than IoTeX price

Bitcoin logo
$71,110
IoTeX logo
$0.005231

Data from Chainspect

Bitcoin vs IoTeX Real-time TPS Chart

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Other 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 IoTeX

IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.

Blockchains Socials

Bitcoin Socials

IoTeX Socials