Bitcoin vs Polkadex

Bitcoin vs Polkadex Scalability

Real-time TPS

Chainspect

Bitcoin TPS is 7,384X higher than Polkadex TPS

Bitcoin logo
5.91 tx/s
Polkadex logo
0.0008 tx/s

Max TPS (100 blocks)

Chainspect

Bitcoin max TPS is 17X higher than Polkadex max TPS

Bitcoin logo
13.2 tx/s
Polkadex logo
0.79 tx/s

Max Theoretical TPS

Chainspect

Bitcoin max theoretical TPS is 99.53% lower than Polkadex max theoretical TPS

Bitcoin logo
7 tx/s
Polkadex logo
1,500 tx/s

Transaction Volume

Chainspect

Bitcoin transaction volume is 7,088X higher than Polkadex transaction volume

Bitcoin logo
21,265 txns
Polkadex logo
3 txns

Block Time

Chainspect

Bitcoin block time is 41X longer than Polkadex block time

Bitcoin logo
8m 13s
Polkadex logo
12s

Finality

Chainspect

Bitcoin finality is 120X longer than Polkadex finality

Bitcoin logo
1h
Polkadex logo
30s

Type

Chainspect

Bitcoin and Polkadex are both layer 1 blockchains

Bitcoin logo
Layer 1 blockchain
Polkadex logo
Layer 1 blockchain

Launch Date

Chainspect

Bitcoin was launched 13 years before Polkadex

Bitcoin logo
Jan 3, 2009
Polkadex logo
Sep 26, 2021

Bitcoin vs Polkadex Decentralization New

Nakamoto Coefficient

Chainspect

Bitcoin Nakamoto Coefficient is 3, while Polkadex has no data

Bitcoin logo
3
Polkadex logo

Validators/Miners

Chainspect

Bitcoin has 95 miners, while Polkadex has no data

Bitcoin logo
95
Polkadex logo

Stake/Hashrate

Chainspect

Bitcoin hashrate is 898 EH/s, while Polkadex has no data

Bitcoin logo
898 EH/s
Polkadex logo

Consensus Mechanism

Chainspect

Bitcoin is PoW, while Polkadex is PoS

Bitcoin logo
Proof of Work (PoW)
Polkadex logo
Proof of Stake (PoS)

Governance

Chainspect

Bitcoin off-chain governance is worse than Polkadex on-chain governance

Bitcoin logo
Off-chain
Polkadex logo
On-chain

Bitcoin vs Polkadex 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 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.

Blockchains Socials

Bitcoin Socials

Polkadex Socials