Bitcoin vs IoTeX
Bitcoin vs IoTeX Scalability
Real-time TPS
Bitcoin TPS is 3.05X higher than IoTeX TPS
Max TPS (100 blocks)
Bitcoin max TPS is 98.4% lower than IoTeX max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.65% lower than IoTeX max theoretical TPS
Transaction Volume
Bitcoin transaction volume is 3.05X higher than IoTeX transaction volume
Block Time
Bitcoin block time is 271X longer than IoTeX block time
Finality
Bitcoin finality is 100% longer than IoTeX finality
Type
Bitcoin and IoTeX are both layer 1 blockchains
Launch Date
Bitcoin was launched 10 years before IoTeX
Bitcoin vs IoTeX Decentralization
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 66.66% lower than IoTeX Nakamoto Coefficient
Validators/Miners
Bitcoin has 1.51X more miners than IoTeX has validators
Stake/Hashrate
Bitcoin hashrate is 986 EH/s, while IoTeX stake is $118.6M
Consensus Mechanism
Bitcoin is PoW, while IoTeX is PoS
Governance
Bitcoin off-chain governance is worse than IoTeX on-chain governance
Bitcoin vs IoTeX Developer Activity New
Developers
Bitcoin has 5.06X more developers than IoTeX
Repos
Bitcoin has 83.07% fewer repos than IoTeX
Commits
Bitcoin has 5.62X more commits than IoTeX
Stars
Bitcoin has 39X more stars than IoTeX
Watchers
Bitcoin has 5.95X more watchers than IoTeX
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.