Electra Protocol vs Bitcoin

Electra Protocol vs Bitcoin Scalability

Real-time TPS

Chainspect

Electra Protocol has no data, while Bitcoin TPS is 6.28 tx/s

Electra Protocol logo
Bitcoin logo
6.28 tx/s

Max TPS (100 blocks)

Chainspect

Electra Protocol has no data, while Bitcoin max TPS is 13.2 tx/s

Electra Protocol logo
Bitcoin logo
13.2 tx/s

Max Theoretical TPS

Chainspect

Electra Protocol has no data, while Bitcoin max theoretical TPS is 7 tx/s

Electra Protocol logo
Bitcoin logo
7 tx/s

Transaction Volume

Chainspect

Electra Protocol has no data, while Bitcoin transaction volume is 22,613 txns

Electra Protocol logo
Bitcoin logo
22,613 txns

Block Time

Chainspect

Electra Protocol has no data, while Bitcoin block time is 7m 8s

Electra Protocol logo
Bitcoin logo
7m 8s

Finality

Chainspect

Electra Protocol has no data, while Bitcoin finality is 1h

Electra Protocol logo
Bitcoin logo
1h

Type

Chainspect

Electra Protocol has no data, while Bitcoin is a layer 1 blockchain

Electra Protocol logo
Bitcoin logo
Layer 1 blockchain

Launch Date

Chainspect

Electra Protocol has no data, while Bitcoin was launched on Jan 3, 2009

Electra Protocol logo
Bitcoin logo
Jan 3, 2009

Electra Protocol vs Bitcoin Decentralization

Nakamoto Coefficient

Chainspect

Electra Protocol has no data, while Bitcoin Nakamoto Coefficient is 3

Electra Protocol logo
Bitcoin logo
3

Validators/Miners

Chainspect

Electra Protocol has no data, while Bitcoin has 109 miners

Electra Protocol logo
Bitcoin logo
109

Stake/Hashrate

Chainspect

Electra Protocol has no data, while Bitcoin hashrate is 986 EH/s

Electra Protocol logo
Bitcoin logo
986 EH/s

Consensus Mechanism

Chainspect

Electra Protocol has no data, while Bitcoin is PoW

Electra Protocol logo
Bitcoin logo
Proof of Work (PoW)

Governance

Chainspect

Electra Protocol has no data, while Bitcoin governance is off-chain

Electra Protocol logo
Bitcoin logo
Off-chain

Electra Protocol vs Bitcoin Developer Activity New

Developers

Chainspect

Electra Protocol has no data, while Bitcoin has 1,874 developers

Electra Protocol logo
Bitcoin logo
1,874

Repos

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Electra Protocol has no data, while Bitcoin has 22 repos

Electra Protocol logo
Bitcoin logo
22

Commits

Chainspect

Electra Protocol has no data, while Bitcoin has 113,587 commits

Electra Protocol logo
Bitcoin logo
113,587

Stars

Chainspect

Electra Protocol has no data, while Bitcoin has 102,208 stars

Electra Protocol logo
Bitcoin logo
102,208

Watchers

Chainspect

Electra Protocol has no data, while Bitcoin has 5,591 watchers

Electra Protocol logo
Bitcoin logo
5,591

Other Comparisons

About Blockchains

About Electra Protocol

Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.

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.

Blockchains Socials

Electra Protocol Socials

Bitcoin Socials