Compare Bitcoin vs IoTeX
Open in ChatGPTBitcoin vs IoTeX Scalability
Real-time TPS (1H)
Bitcoin TPS is 78.57% lower 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 78.57% lower than IoTeX transaction volume
Data from Chainspect
Block Time (1H)
Bitcoin block time is 1,329X 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 (All time)
Bitcoin has 3.22X 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 62.5% lower than IoTeX Nakamoto Coefficient
Data from Chainspect
Validators/Miners
Bitcoin has 1.71X more miners than IoTeX has validators
Data from Chainspect
Stake/Hashrate
Bitcoin hashrate is 1.12K EH/s, while IoTeX stake is $31.32M
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
Developers
Bitcoin has 5.04X more developers than IoTeX
Data from Chainspect
Commits
Bitcoin has 5.75X more commits than IoTeX
Data from Chainspect
Repos
Bitcoin has 83.33% fewer repos than IoTeX
Data from Chainspect
Stars
Bitcoin has 40X more stars than IoTeX
Data from Chainspect
Watchers
Bitcoin has 6.72X more watchers than IoTeX
Data from Chainspect
Bitcoin vs IoTeX Financials New
Chain Revenue
Bitcoin chain revenue is 997X higher than IoTeX chain revenue
Data from Chainspect
Average Transaction Fee
Bitcoin average transaction fee is 2,320X higher than IoTeX average transaction fee
Data from Chainspect
Market Cap
Bitcoin market cap is 26,198X higher than IoTeX market cap
Data from Chainspect
FDV
Bitcoin FDV is 26,011X higher than IoTeX FDV
Data from Chainspect
Market Cap / FDV
Bitcoin Market Cap to FDV ratio is 1.01X higher than IoTeX Market Cap to FDV ratio
Data from Chainspect
Price
Bitcoin price is 12,386,348X higher than IoTeX price
Data from Chainspect
Bitcoin vs IoTeX Real-time TPS Chart
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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.