Bitlayer vs Taraxa

Bitlayer vs Taraxa Scalability

Real-time TPS

Chainspect

Bitlayer has no data, while Taraxa TPS is 660.6 tx/s

B
Taraxa logo
660.6 tx/s

Max TPS (100 blocks)

Chainspect

Bitlayer has no data, while Taraxa max TPS is 4,906 tx/s

B
Taraxa logo
4,906 tx/s

Max Theoretical TPS

Chainspect

Bitlayer has no data, while Taraxa max theoretical TPS is 50,000 tx/s

B
Taraxa logo
50,000 tx/s

Transaction Volume

Chainspect

Bitlayer has no data, while Taraxa transaction volume is 2,378,016 txns

B
Taraxa logo
2,378,016 txns

Block Time

Chainspect

Bitlayer has no data, while Taraxa block time is 3.77s

B
Taraxa logo
3.77s

Finality

Chainspect

Bitlayer has no data, while Taraxa finality is 0s

B
Taraxa logo
0s

Type

Chainspect

Bitlayer has no data, while Taraxa is a layer 1 blockchain

B
Taraxa logo
Layer 1 blockchain

Launch Date

Chainspect

Bitlayer has no data, while Taraxa was launched on Apr 3, 2023

B
Taraxa logo
Apr 3, 2023

Bitlayer vs Taraxa Decentralization New

Nakamoto Coefficient

Chainspect

Bitlayer has no data, while Taraxa Nakamoto Coefficient is 13

B
Taraxa logo
13

Validators/Miners

Chainspect

Bitlayer has no data, while Taraxa has 87 validators

B
Taraxa logo
87

Stake/Hashrate

Chainspect

Bitlayer has no data, while Taraxa stake is $5.626M

B
Taraxa logo
$5.626M

Consensus Mechanism

Chainspect

Bitlayer has no data, while Taraxa is PoS

B
Taraxa logo
Proof of Stake (PoS)

Governance

Chainspect

Bitlayer has no data, while Taraxa governance is council

B
Taraxa logo
Council

Other Comparisons

About Blockchains

About Bitlayer

Bitlayer is an innovative Layer-2 solution specifically developed for the Bitcoin network. The core innovation lies in its utilization of the BitVM paradigm, which allows for the execution of smart contracts and decentralized applications (dApps) on the Bitcoin network.

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

Bitlayer Socials

Taraxa Socials