Compare IoTeX vs Bitcoin
Open in ChatGPTIoTeX vs Bitcoin Scalability
Real-time TPS (1H)
IoTeX TPS is 1.05% lower than Bitcoin TPS
Data from Chainspect
Max TPS (100 blocks)
IoTeX max TPS is 63X higher than Bitcoin max TPS
Data from Chainspect
Max Theoretical TPS
IoTeX max theoretical TPS is 286X higher than Bitcoin max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
IoTeX transaction volume is 1.05% lower than Bitcoin transaction volume
Data from Chainspect
Block Time (1H)
IoTeX block time is 99.19% shorter than Bitcoin block time
Data from Chainspect
Finality
IoTeX finality is 100% shorter than Bitcoin finality
Data from Chainspect
Type
IoTeX and Bitcoin are both layer 1 blockchains
Data from Chainspect
Total Transactions
IoTeX has 70.1% fewer total transactions than Bitcoin
Data from Chainspect
Launch Date
IoTeX was launched 10 years after Bitcoin
Data from Chainspect
IoTeX vs Bitcoin Decentralization
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 2X higher than Bitcoin Nakamoto Coefficient
Data from Chainspect
Validators/Miners
IoTeX has 43.3% fewer validators than Bitcoin has miners
Data from Chainspect
Stake/Hashrate
IoTeX stake is $37.19M, while Bitcoin hashrate is 1.02K EH/s
Data from Chainspect
Consensus Mechanism
IoTeX is PoS, while Bitcoin is PoW
Data from Chainspect
Governance
IoTeX on-chain governance is better than Bitcoin off-chain governance
Data from Chainspect
IoTeX vs Bitcoin Developer Activity
Developers
IoTeX has 80.08% fewer developers than Bitcoin
Data from Chainspect
Commits
IoTeX has 82.54% fewer commits than Bitcoin
Data from Chainspect
Repos
IoTeX has 5.95X more repos than Bitcoin
Data from Chainspect
Stars
IoTeX has 97.47% fewer stars than Bitcoin
Data from Chainspect
Watchers
IoTeX has 85.09% fewer watchers than Bitcoin
Data from Chainspect
IoTeX vs Bitcoin Financials New
Chain Revenue
IoTeX chain revenue is 99.9% lower than Bitcoin chain revenue
Data from Chainspect
Average Transaction Fee
IoTeX average transaction fee is 99.92% lower than Bitcoin average transaction fee
Data from Chainspect
Market Cap
IoTeX market cap is 99.99% lower than Bitcoin market cap
Data from Chainspect
FDV
IoTeX FDV is 99.99% lower than Bitcoin FDV
Data from Chainspect
Market Cap / FDV
IoTeX Market Cap to FDV ratio is 0.66% lower than Bitcoin Market Cap to FDV ratio
Data from Chainspect
Price
IoTeX price is 99.99% lower than Bitcoin price
Data from Chainspect
IoTeX vs Bitcoin Real-time TPS Chart
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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.