Compare Bitcoin vs IoTeX

Bitcoin vs IoTeX Scalability

Real-time TPS (1H)

Bitcoin TPS is 1.35X higher than IoTeX TPS

Bitcoin logo
5.83 tx/s
IoTeX logo
4.33 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 1.35X higher than IoTeX transaction volume

Bitcoin logo
21K txns
IoTeX logo
15.6K txns

Data from Chainspect

Block Time (1H)

Bitcoin block time is 355X longer than IoTeX block time

Bitcoin logo
14m 47s
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

New

Total Transactions

Bitcoin has 3.62X more total transactions than IoTeX

Bitcoin logo
1.25B txns
IoTeX logo
345M 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 66.66% lower than IoTeX Nakamoto Coefficient

Bitcoin logo
3
IoTeX logo
9

Data from Chainspect

Validators/Miners

Bitcoin has 1.5X more miners than IoTeX has validators

Bitcoin logo
105
IoTeX logo
70

Data from Chainspect

Stake/Hashrate

Bitcoin hashrate is 1.15K EH/s, while IoTeX stake is $102M

Bitcoin logo
1.15K EH/s
IoTeX logo
$102M

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 New

Developers

Bitcoin has 5.08X more developers than IoTeX

Bitcoin logo
1,879
IoTeX logo
370

Data from Chainspect

Repos

Bitcoin has 83.2% fewer repos than IoTeX

Bitcoin logo
22
IoTeX logo
131

Data from Chainspect

Commits

Bitcoin has 5.65X more commits than IoTeX

Bitcoin logo
114,073
IoTeX logo
20,206

Data from Chainspect

Stars

Bitcoin has 39X more stars than IoTeX

Bitcoin logo
102,669
IoTeX logo
2,607

Data from Chainspect

Watchers

Bitcoin has 6.65X more watchers than IoTeX

Bitcoin logo
5,573
IoTeX logo
838

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