Cronos vs Bitlayer Scalability
Real-time TPS
Cronos TPS is 1.53 tx/s, while Bitlayer has no data
Max TPS (100 blocks)
Cronos max TPS is 141.7 tx/s, while Bitlayer has no data
Max Theoretical TPS
Cronos max theoretical TPS is 5,390 tx/s, while Bitlayer has no data
Transaction Volume
Cronos transaction volume is 5,517 txns, while Bitlayer has no data
Block Time
Cronos block time is 0.55s, while Bitlayer has no data
Finality
Cronos finality is 0s, while Bitlayer has no data
Type
Cronos is a layer 1 blockchain, while Bitlayer has no data
Launch Date
Cronos was launched on Nov 8, 2021, while the Bitlayer has no data
Cronos vs Bitlayer Decentralization New
Nakamoto Coefficient
Cronos Nakamoto Coefficient is 4, while Bitlayer has no data
Validators/Miners
Cronos has 100 validators, while Bitlayer has no data
Stake/Hashrate
Cronos stake is $1.74B, while Bitlayer has no data
Consensus Mechanism
Cronos is PoS, while Bitlayer has no data
Governance
Cronos governance is on-chain, while Bitlayer has no data
Other Comparisons
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 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.