Real-time TPS
IoTeX TPS is 16.63% less than Bitcoin TPS
Max Recorded TPS
IoTeX max TPS is 63X more than Bitcoin max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 143X more than Bitcoin max theoretical TPS
Block Time
IoTeX block time is 99.36% less than Bitcoin block time
Finality
IoTeX finality is 100% less than Bitcoin finality
Type
IoTeX and Bitcoin are both layer 1 blockchains
Governance
IoTeX on-chain governance is better than Bitcoin off-chain governance
Launch Date
IoTeX was launched 10 years after Bitcoin
Other Comparisons
IoTeX Comparisons
About Blockchains
About IoTeX
IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.
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.