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- Cronos vs Bitcoin
Cronos vs Bitcoin Scalability
Real-time TPS
Cronos TPS is 50.24% lower than Bitcoin TPS
Max TPS (100 blocks)
Cronos max TPS is 11X higher than Bitcoin max TPS
Max Theoretical TPS
Cronos max theoretical TPS is 770X higher than Bitcoin max theoretical TPS
Transaction Volume
Cronos transaction volume is 50.24% lower than Bitcoin transaction volume
Block Time
Cronos block time is 99.88% shorter than Bitcoin block time
Finality
Cronos finality is 100% shorter than Bitcoin finality
Type
Cronos and Bitcoin are both layer 1 blockchains
Launch Date
Cronos was launched 13 years after Bitcoin
Cronos vs Bitcoin Decentralization New
Nakamoto Coefficient
Cronos Nakamoto Coefficient is 1.33X higher than Bitcoin Nakamoto Coefficient
Validators/Miners
Cronos has 1.09X more validators than Bitcoin has miners
Stake/Hashrate
Cronos stake is 11.99B CRO, while Bitcoin hashrate is 949 EH/s
Consensus Mechanism
Cronos is PoS, while Bitcoin is PoW
Governance
Cronos on-chain governance is better than Bitcoin off-chain governance
Cronos vs Bitcoin Real-Time TPS Chart
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Cronos Comparisons
About Blockchains
About Cronos
Cronos emerges as an interoperable blockchain, streamlining the migration of applications and crypto assets from various chains while prioritizing low transaction costs, rapid throughput, and fast finalization times. It operates as an Ethereum Virtual Machine (EVM)-compatible chain, augmented with support for Inter-Blockchain Communications (IBC) networks based on the Cosmos SDK. This integration empowers developers to create and launch dApps atop the EVM infrastructure.
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.