Compare PayProtocol vs Bitcoin
PayProtocol vs Bitcoin Scalability
Real-time TPS (1H)
PayProtocol has no data, while Bitcoin TPS is 3.53 tx/s
Data from Chainspect
Max TPS (100 blocks)
PayProtocol has no data, while Bitcoin max TPS is 13.2 tx/s
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Max Theoretical TPS
PayProtocol has no data, while Bitcoin max theoretical TPS is 7 tx/s
Data from Chainspect
Transaction Volume (1H)
PayProtocol has no data, while Bitcoin transaction volume is 12.7K txns
Data from Chainspect
Block Time (1H)
PayProtocol has no data, while Bitcoin block time is 17m 34s
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Finality
PayProtocol has no data, while Bitcoin finality is 1h
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Type
PayProtocol has no data, while Bitcoin is a layer 1 blockchain
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Total Transactions
PayProtocol has no data, while Bitcoin has 1.25B total transactions
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Launch Date
PayProtocol has no data, while Bitcoin was launched on Jan 3, 2009
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PayProtocol vs Bitcoin Decentralization
Nakamoto Coefficient
PayProtocol has no data, while Bitcoin Nakamoto Coefficient is 3
Data from Chainspect
Validators/Miners
PayProtocol has no data, while Bitcoin has 105 miners
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Stake/Hashrate
PayProtocol has no data, while Bitcoin hashrate is 974 EH/s
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Consensus Mechanism
PayProtocol has no data, while Bitcoin is PoW
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Governance
PayProtocol has no data, while Bitcoin governance is off-chain
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PayProtocol vs Bitcoin Developer Activity New
Developers
PayProtocol has no data, while Bitcoin has 1,884 developers
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Repos
PayProtocol has no data, while Bitcoin has 22 repos
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Commits
PayProtocol has no data, while Bitcoin has 114,227 commits
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Stars
PayProtocol has no data, while Bitcoin has 102,780 stars
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Watchers
PayProtocol has no data, while Bitcoin has 5,573 watchers
Data from Chainspect
Other Comparisons
PayProtocol Comparisons
About Blockchains
About PayProtocol
PayProtocol is a simple and convenient cryptocurrency payment platform for both e-commerce and retail use.
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.