Electra Protocol vs Bitcoin

Electra Protocol vs Bitcoin Scalability

Real-time TPS

Chainspect

Electra Protocol has no data, while Bitcoin TPS is 8.53 tx/s

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8.53 tx/s

Max TPS (100 blocks)

Chainspect

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

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13.2 tx/s

Max Theoretical TPS

Chainspect

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

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7 tx/s

Transaction Volume

Chainspect

Electra Protocol has no data, while Bitcoin transaction volume is 30,692 txns

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30,692 txns

Block Time

Chainspect

Electra Protocol has no data, while Bitcoin block time is 4m 43s

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4m 43s

Finality

Chainspect

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

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1h

Type

Chainspect

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

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Layer 1 blockchain

Launch Date

Chainspect

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

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Jan 3, 2009

Electra Protocol vs Bitcoin Decentralization New

Nakamoto Coefficient

Chainspect

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

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3

Validators/Miners

Chainspect

Electra Protocol has no data, while Bitcoin has 95 miners

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95

Stake/Hashrate

Chainspect

Electra Protocol has no data, while Bitcoin hashrate is 898 EH/s

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898 EH/s

Consensus Mechanism

Chainspect

Electra Protocol has no data, while Bitcoin is PoW

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Proof of Work (PoW)

Governance

Chainspect

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

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Off-chain

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