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- Bitcoin vs Polkadex
Bitcoin vs Polkadex Scalability
Real-time TPS
Bitcoin TPS is 7,384X higher than Polkadex TPS
Max TPS (100 blocks)
Bitcoin max TPS is 17X higher than Polkadex max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.53% lower than Polkadex max theoretical TPS
Transaction Volume
Bitcoin transaction volume is 7,088X higher than Polkadex transaction volume
Block Time
Bitcoin block time is 41X longer than Polkadex block time
Finality
Bitcoin finality is 120X longer than Polkadex finality
Type
Bitcoin and Polkadex are both layer 1 blockchains
Launch Date
Bitcoin was launched 13 years before Polkadex
Bitcoin vs Polkadex Decentralization New
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 3, while Polkadex has no data
Validators/Miners
Bitcoin has 95 miners, while Polkadex has no data
Stake/Hashrate
Bitcoin hashrate is 898 EH/s, while Polkadex has no data
Consensus Mechanism
Bitcoin is PoW, while Polkadex is PoS
Governance
Bitcoin off-chain governance is worse than Polkadex on-chain governance
Bitcoin vs Polkadex 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 Polkadex
Polkadex is a decentralized exchange (DEX) built on the Polkadot network. It offers high-performance, low-latency trading with a fully decentralized order book. Users can trade assets across different parachains within the Polkadot ecosystem and external blockchains connected via bridges. Polkadex uses L2 scaling solutions for fast, efficient trading and operates on a non-custodial model, allowing users to retain control of their funds at all times.