Bitcoin vs Litentry Scalability
Real-time TPS
Bitcoin TPS is 5.76 tx/s, while Litentry has no data
Max TPS (100 blocks)
Bitcoin max TPS is 13.2 tx/s, while Litentry has no data
Max Theoretical TPS
Bitcoin max theoretical TPS is 7 tx/s, while Litentry has no data
Transaction Volume
Bitcoin transaction volume is 20,726 txns, while Litentry has no data
Block Time
Bitcoin block time is 10m 59s, while Litentry has no data
Finality
Bitcoin finality is 1h, while Litentry has no data
Type
Bitcoin is a layer 1 blockchain, while Litentry has no data
Launch Date
Bitcoin was launched on Jan 3, 2009, while the Litentry has no data
Bitcoin vs Litentry Decentralization New
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 3, while Litentry has no data
Validators/Miners
Bitcoin has 95 miners, while Litentry has no data
Stake/Hashrate
Bitcoin hashrate is 898 EH/s, while Litentry has no data
Consensus Mechanism
Bitcoin is PoW, while Litentry has no data
Governance
Bitcoin governance is off-chain, while Litentry has no data
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 Litentry
Litentry is a Decentralized Identity Aggregation protocol across multiple networks. It features a DID indexing mechanism and a Substrate-based credit computation network. The protocol provides a decentralized, interoperable identity aggregation service that mitigates the difficulty of resolving agnostic DID mechanisms.