Gnosis Chain vs Bitcoin Scalability
Real-time TPS
Gnosis Chain TPS is 11.71% lower than Bitcoin TPS
Max TPS (100 blocks)
Gnosis Chain max TPS is 6.13X higher than Bitcoin max TPS
Max Theoretical TPS
Gnosis Chain max theoretical TPS is 23X higher than Bitcoin max theoretical TPS
Transaction Volume
Gnosis Chain transaction volume is 11.71% lower than Bitcoin transaction volume
Block Time
Gnosis Chain block time is 99.09% shorter than Bitcoin block time
Finality
Gnosis Chain finality is 95.55% shorter than Bitcoin finality
Type
Gnosis Chain is a sidechain, while Bitcoin is a layer 1 blockchain
Launch Date
Gnosis Chain was launched 10 years after Bitcoin
Gnosis Chain vs Bitcoin Decentralization New
Nakamoto Coefficient
Gnosis Chain has no data, while Bitcoin Nakamoto Coefficient is 4
Validators/Miners
Gnosis Chain has no data, while Bitcoin has 89 miners
Stake/Hashrate
Gnosis Chain has no data, while Bitcoin hashrate is 693 EH/s
Consensus Mechanism
Gnosis Chain is PoS, while Bitcoin is PoW
Governance
Gnosis Chain multisig governance is worse than Bitcoin off-chain governance
Gnosis Chain vs Bitcoin Real-Time TPS Chart
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Other Comparisons
Gnosis Chain Comparisons
About Blockchains
About Gnosis Chain
Gnosis Chain operates as an execution-layer Ethereum Virtual Machine (EVM) chain, utilizing the xDAI stablecoin for transactions and fee payments. Its security is ensured by the Gnosis Beacon Chain (GBC), which employs a Proof-of-Stake consensus mechanism akin to Cardano and Solana. Users stake GNO tokens to participate in transaction validation, earning additional GNO rewards for contributing to network security.
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.