Celo vs Bitcoin
Celo vs Bitcoin Scalability
Real-time TPS
Celo TPS is 1.37X higher than Bitcoin TPS
Max TPS (100 blocks)
Celo max TPS is 20X higher than Bitcoin max TPS
Max Theoretical TPS
Celo max theoretical TPS is 68X higher than Bitcoin max theoretical TPS
Transaction Volume
Celo transaction volume is 1.37X higher than Bitcoin transaction volume
Block Time
Celo block time is 99.83% shorter than Bitcoin block time
Finality
Celo finality is 58.66% shorter than Bitcoin finality
Type
Celo is a layer 2 blockchain, while Bitcoin is a layer 1 blockchain
Launch Date
Celo was launched 11 years after Bitcoin
Celo vs Bitcoin Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 66.66% lower than Bitcoin Nakamoto Coefficient
Validators/Miners
Celo has 98.94% fewer validators than Bitcoin has miners
Stake/Hashrate
Celo has no data, while Bitcoin hashrate is 898 EH/s
Consensus Mechanism
Celo is Rollup (Optimistic), while Bitcoin is PoW
Governance
Celo on-chain governance is better than Bitcoin off-chain governance
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.