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Bitcoin vs IoTeX Scalability

Real-time TPS (1H)

Bitcoin TPS is 100% lower than IoTeX TPS

Bitcoin logo
0 tx/s
IoTeX logo
0.02 tx/s

Data from Chainspect

Max TPS (100 blocks)

Bitcoin max TPS is 98.37% lower than IoTeX max TPS

Bitcoin logo
13.48 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 51X higher than IoTeX transaction volume

Bitcoin logo
3.77K txns
IoTeX logo
74 txns

Data from Chainspect

Block Time (1H)

Bitcoin block time is 100% shorter than IoTeX block time

Bitcoin logo
0s
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 3.29X more total transactions than IoTeX

Bitcoin logo
1.4B txns
IoTeX logo
425M 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 70% lower than IoTeX Nakamoto Coefficient

Bitcoin logo
3
IoTeX logo
10

Data from Chainspect

Validators/Miners

Bitcoin has 2.06X more miners than IoTeX has validators

Bitcoin logo
146
IoTeX logo
71

Data from Chainspect

Stake/Hashrate

Bitcoin hashrate is 1.13K EH/s, while IoTeX stake is $9.31M

Bitcoin logo
1.13K EH/s
IoTeX logo
$9.31M

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 5.16X more developers than IoTeX

Bitcoin logo
1,991
IoTeX logo
386

Data from Chainspect

Commits

Bitcoin has 5.78X more commits than IoTeX

Bitcoin logo
123,845
IoTeX logo
21,420

Data from Chainspect

Repos

Bitcoin has 83.21% fewer repos than IoTeX

Bitcoin logo
23
IoTeX logo
137

Data from Chainspect

Stars

Bitcoin has 40X more stars than IoTeX

Bitcoin logo
107,537
IoTeX logo
2,685

Data from Chainspect

Watchers

Bitcoin has 7.63X more watchers than IoTeX

Bitcoin logo
5,564
IoTeX logo
729

Data from Chainspect

Bitcoin vs IoTeX Financials New

Chain Revenue

Bitcoin chain revenue is 45,966X higher than IoTeX chain revenue

Bitcoin logo
$168.2K
IoTeX logo
$3.659

Data from Chainspect

Average Transaction Fee

Bitcoin average transaction fee is 265X higher than IoTeX average transaction fee

Bitcoin logo
$0.1961
IoTeX logo
$0.0007388

Data from Chainspect

Market Cap

Bitcoin market cap is 57,572X higher than IoTeX market cap

Bitcoin logo
$1.299T
IoTeX logo
$22.55M

Data from Chainspect

FDV

Bitcoin FDV is 56,908X higher than IoTeX FDV

Bitcoin logo
$1.359T
IoTeX logo
$23.89M

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
95.52%
IoTeX logo
94.41%

Data from Chainspect

Price

Bitcoin price is 27,099,000X higher than IoTeX price

Bitcoin logo
$64,740
IoTeX logo
$0.002389

Data from Chainspect

Bitcoin vs IoTeX Real-time TPS Chart

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

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