Compare Bitcoin vs Polkadot

Open in ChatGPT

Bitcoin vs Polkadot Scalability

Real-time TPS (1H)

Bitcoin TPS is 100% higher than Polkadot TPS

9.25 tx/s

0 tx/s

Data from Chainspect

Max TPS (100 blocks)

Bitcoin max TPS is 97.08% lower than Polkadot max TPS

13.48 tx/s

462.7 tx/s

Data from Chainspect

Theoretical TPS

Bitcoin max theoretical TPS is 99.3% lower than Polkadot max theoretical TPS

7 tx/s

1,000 tx/s

Data from Chainspect

Transaction Volume (1H)

Bitcoin transaction volume is 100% higher than Polkadot transaction volume

20.8K txns

0 txns

Data from Chainspect

Block Time (1H)

Bitcoin block time is 75X longer than Polkadot block time

7m 29s

5.99s

Data from Chainspect

Finality Time

Bitcoin finality is 120X longer than Polkadot finality

30s

Data from Chainspect

Type

Bitcoin and Polkadot are both layer 1 blockchains

Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

Bitcoin has 31X more total transactions than Polkadot

1.41B txns

46M txns

Data from Chainspect

Launch Date

Bitcoin was launched 11 years before Polkadot

Jan 3, 2009

Data from Chainspect

Bitcoin vs Polkadot Decentralization

Nakamoto Coefficient

Bitcoin Nakamoto Coefficient is 97.66% lower than Polkadot Nakamoto Coefficient

171

Data from Chainspect

Validators/Miners

Bitcoin has 76.16% fewer miners than Polkadot has validators

143

600

Data from Chainspect

Stake/Hashrate

Bitcoin hashrate is 1.08K EH/s, while Polkadot stake is $772.9M

1.08K EH/s

Data from Chainspect

Consensus Mechanism

Bitcoin is PoW, while Polkadot is Nominated Proof of Stake

Proof of Work (PoW)

Data from Chainspect

Governance

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

Off-chain

Data from Chainspect

Bitcoin vs Polkadot Developer Activity

Developers

Bitcoin has 77.94% fewer developers than Polkadot

2,002

9,076

Data from Chainspect

Commits

Bitcoin has 82.23% fewer commits than Polkadot

124,537

701,200

Data from Chainspect

Repos

Bitcoin has 95.82% fewer repos than Polkadot

551

Data from Chainspect

Stars

Bitcoin has 3.03X more stars than Polkadot

107,739

35,581

Data from Chainspect

Watchers

Bitcoin has 2.56X more watchers than Polkadot

5,575

2,178

Data from Chainspect

Bitcoin vs Polkadot Financials

On-Chain Revenue

Bitcoin on-chain revenue is 4,001,490X higher than Polkadot on-chain revenue

$211K

$0.05274

Data from Chainspect

Average Transaction Fee

Bitcoin average transaction fee is 26X higher than Polkadot average transaction fee

$0.339

$0.01319

Data from Chainspect

Market Cap

Bitcoin market cap is 884X higher than Polkadot market cap

$1.287T

$1.455B

Data from Chainspect

FDV

Bitcoin FDV is 748X higher than Polkadot FDV

$1.347T

$1.802B

Data from Chainspect

Market Cap / FDV

Bitcoin Market Cap to FDV ratio is 1.18X higher than Polkadot Market Cap to FDV ratio

95.55%

80.79%

Data from Chainspect

Price

Bitcoin price is 74,780X higher than Polkadot price

$64,150

$0.8579

Data from Chainspect

Bitcoin vs Polkadot Real-time TPS Chart

Other Comparisons

Bitcoin Comparisons

Polkadot 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 Polkadot

Polkadot stands out among other blockchain projects for its focus on enhancing the foundational infrastructure of dApps. It aims to enable interoperability between blockchain ecosystems, facilitating seamless communication without intermediaries. Functioning as a "network of networks," Polkadot utilizes parachains — specialized blockchains with unique functionalities and tokens — to enable interaction between diverse blockchain architectures. Powered by the nominated proof-of-stake (PoS) consensus algorithm and drawing inspiration from the Ouroboros protocol, Polkadot offers a robust framework for building interconnected and scalable decentralized systems.

Compare Bitcoin vs Polkadot

Bitcoin vs Polkadot Scalability

Real-time TPS (1H)

Max TPS (100 blocks)

Theoretical TPS

Transaction Volume (1H)

Block Time (1H)

Finality Time

Type

Total Transactions (All time)

Launch Date

Bitcoin vs Polkadot Decentralization

Nakamoto Coefficient

Validators/Miners

Stake/Hashrate

Consensus Mechanism

Governance

Bitcoin vs Polkadot Developer Activity

Developers

Commits

Repos

Stars

Watchers

Bitcoin vs Polkadot Financials

On-Chain Revenue

Average Transaction Fee

Market Cap

FDV

Market Cap / FDV

Price

Bitcoin vs Polkadot Real-time TPS Chart

Other Comparisons

Bitcoin Comparisons

Polkadot Comparisons

About Blockchains

About Bitcoin

About Polkadot

Blockchains Socials

Bitcoin Socials

Polkadot Socials