Compare Celo vs Bitcoin
Celo vs Bitcoin Scalability
Real-time TPS (1H)
Celo TPS is 2.77X higher than Bitcoin TPS
Data from Chainspect
Max TPS (100 blocks)
Celo max TPS is 20X higher than Bitcoin max TPS
Data from Chainspect
Max Theoretical TPS
Celo max theoretical TPS is 68X higher than Bitcoin max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Celo transaction volume is 2.77X higher than Bitcoin transaction volume
Data from Chainspect
Block Time (1H)
Celo block time is 99.74% shorter than Bitcoin block time
Data from Chainspect
Finality
Celo finality is 58.66% shorter than Bitcoin finality
Data from Chainspect
Type
Celo is a layer 2 blockchain, while Bitcoin is a layer 1 blockchain
Data from Chainspect
Total Transactions
Celo has 19% fewer total transactions than Bitcoin
Data from Chainspect
Launch Date
Celo was launched 11 years after Bitcoin
Data from Chainspect
Celo vs Bitcoin Decentralization
Nakamoto Coefficient
Celo Nakamoto Coefficient is 66.66% lower than Bitcoin Nakamoto Coefficient
Data from Chainspect
Validators/Miners
Celo has 99.07% fewer validators than Bitcoin has miners
Data from Chainspect
Stake/Hashrate
Celo has no data, while Bitcoin hashrate is 1.06K EH/s
Data from Chainspect
Consensus Mechanism
Celo is Rollup (Optimistic), while Bitcoin is PoW
Data from Chainspect
Governance
Celo on-chain governance is better than Bitcoin off-chain governance
Data from Chainspect
Celo vs Bitcoin Developer Activity
Developers
Celo has 16.73% fewer developers than Bitcoin
Data from Chainspect
Repos
Celo has 8.05X more repos than Bitcoin
Data from Chainspect
Commits
Celo has 38.21% fewer commits than Bitcoin
Data from Chainspect
Stars
Celo has 97.01% fewer stars than Bitcoin
Data from Chainspect
Watchers
Celo has 73.17% fewer watchers than Bitcoin
Data from Chainspect
Celo vs Bitcoin Financials New
Chain Revenue
Celo chain revenue is 99.74% lower than Bitcoin chain revenue
Data from Chainspect
Average Transaction Fee
Celo average transaction fee is 99.93% lower than Bitcoin average transaction fee
Data from Chainspect
Price
Celo price is 99.99% lower than Bitcoin price
Data from Chainspect
Market Cap
Celo market cap is 99.99% lower than Bitcoin market cap
Data from Chainspect
Celo vs Bitcoin Real-Time TPS Chart
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Other Comparisons
Celo Comparisons
About Blockchains
About Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.
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.