Compare Bitcoin vs IoTeX
Bitcoin vs IoTeX Scalability
Real-time TPS (1H)
Bitcoin TPS is 1.68X higher than IoTeX TPS
Data from Chainspect
Max TPS (100 blocks)
Bitcoin max TPS is 98.4% lower than IoTeX max TPS
Data from Chainspect
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.65% lower than IoTeX max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Bitcoin transaction volume is 1.68X higher than IoTeX transaction volume
Data from Chainspect
Block Time (1H)
Bitcoin block time is 212X longer than IoTeX block time
Data from Chainspect
Finality
Bitcoin finality is 100% longer than IoTeX finality
Data from Chainspect
Type
Bitcoin and IoTeX are both layer 1 blockchains
Data from Chainspect
Total Transactions
Bitcoin has 3.59X more total transactions than IoTeX
Data from Chainspect
Launch Date
Bitcoin was launched 10 years before IoTeX
Data from Chainspect
Bitcoin vs IoTeX Decentralization
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 66.66% lower than IoTeX Nakamoto Coefficient
Data from Chainspect
Validators/Miners
Bitcoin has 1.46X more miners than IoTeX has validators
Data from Chainspect
Stake/Hashrate
Bitcoin hashrate is 1.08K EH/s, while IoTeX stake is $52.06M
Data from Chainspect
Consensus Mechanism
Bitcoin is PoW, while IoTeX is PoS
Data from Chainspect
Governance
Bitcoin off-chain governance is worse than IoTeX on-chain governance
Data from Chainspect
Bitcoin vs IoTeX Developer Activity New
Developers
Bitcoin has 5.1X more developers than IoTeX
Data from Chainspect
Repos
Bitcoin has 83.2% fewer repos than IoTeX
Data from Chainspect
Commits
Bitcoin has 5.67X more commits than IoTeX
Data from Chainspect
Stars
Bitcoin has 39X more stars than IoTeX
Data from Chainspect
Watchers
Bitcoin has 6.65X more watchers than IoTeX
Data from Chainspect
Bitcoin vs IoTeX 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 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.