Bitcoin vs Taraxa
Bitcoin vs Taraxa Scalability
Real-time TPS
Bitcoin TPS is 94.34% lower than Taraxa TPS
Max TPS (100 blocks)
Bitcoin max TPS is 99.73% lower than Taraxa max TPS
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.98% lower than Taraxa max theoretical TPS
Transaction Volume
Bitcoin transaction volume is 94.34% lower than Taraxa transaction volume
Block Time
Bitcoin block time is 144X longer than Taraxa block time
Finality
Bitcoin finality is 100% longer than Taraxa finality
Type
Bitcoin and Taraxa are both layer 1 blockchains
Launch Date
Bitcoin was launched 14 years before Taraxa
Bitcoin vs Taraxa Decentralization
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 78.57% lower than Taraxa Nakamoto Coefficient
Validators/Miners
Bitcoin has 1.25X more miners than Taraxa has validators
Stake/Hashrate
Bitcoin hashrate is 1.06K EH/s, while Taraxa stake is $5.421M
Consensus Mechanism
Bitcoin is PoW, while Taraxa is PoS
Governance
Bitcoin off-chain governance is better than Taraxa council governance
Bitcoin vs Taraxa Developer Activity New
Developers
Bitcoin has 3.83X more developers than Taraxa
Repos
Bitcoin has 37.14% fewer repos than Taraxa
Commits
Bitcoin has 4.84X more commits than Taraxa
Stars
Bitcoin has 1,294X more stars than Taraxa
Watchers
Bitcoin has 25X more watchers than Taraxa
Bitcoin vs Taraxa 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 Taraxa
Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.