Bitcoin vs Taraxa

Bitcoin vs Taraxa Scalability

Real-time TPS

Chainspect

Bitcoin TPS is 99.18% lower than Taraxa TPS

Bitcoin logo
5.91 tx/s
Taraxa logo
723.7 tx/s

Max TPS (100 blocks)

Chainspect

Bitcoin max TPS is 99.73% lower than Taraxa max TPS

Bitcoin logo
13.2 tx/s
Taraxa logo
4,906 tx/s

Max Theoretical TPS

Chainspect

Bitcoin max theoretical TPS is 99.98% lower than Taraxa max theoretical TPS

Bitcoin logo
7 tx/s
Taraxa logo
50,000 tx/s

Transaction Volume

Chainspect

Bitcoin transaction volume is 99.18% lower than Taraxa transaction volume

Bitcoin logo
21,265 txns
Taraxa logo
2,605,192 txns

Block Time

Chainspect

Bitcoin block time is 137X longer than Taraxa block time

Bitcoin logo
8m 13s
Taraxa logo
3.6s

Finality

Chainspect

Bitcoin finality is 100% longer than Taraxa finality

Bitcoin logo
1h
Taraxa logo
0s

Type

Chainspect

Bitcoin and Taraxa are both layer 1 blockchains

Bitcoin logo
Layer 1 blockchain
Taraxa logo
Layer 1 blockchain

Launch Date

Chainspect

Bitcoin was launched 14 years before Taraxa

Bitcoin logo
Jan 3, 2009
Taraxa logo
Apr 3, 2023

Bitcoin vs Taraxa Decentralization New

Nakamoto Coefficient

Chainspect

Bitcoin Nakamoto Coefficient is 76.92% lower than Taraxa Nakamoto Coefficient

Bitcoin logo
3
Taraxa logo
13

Validators/Miners

Chainspect

Bitcoin has 1.09X more miners than Taraxa has validators

Bitcoin logo
95
Taraxa logo
87

Stake/Hashrate

Chainspect

Bitcoin hashrate is 898 EH/s, while Taraxa stake is $5.626M

Bitcoin logo
898 EH/s
Taraxa logo
$5.626M

Consensus Mechanism

Chainspect

Bitcoin is PoW, while Taraxa is PoS

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

Governance

Chainspect

Bitcoin off-chain governance is better than Taraxa council governance

Bitcoin logo
Off-chain
Taraxa logo
Council

Bitcoin vs Taraxa 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 Taraxa

Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.

Blockchains Socials

Bitcoin Socials

Taraxa Socials