Compare Phala Network vs Bitcoin

Phala Network vs Bitcoin Scalability

Real-time TPS (1H)

Phala Network has no data, while Bitcoin TPS is 8.15 tx/s

Phala Network logo
Bitcoin logo
8.15 tx/s

Data from Chainspect

Max TPS (100 blocks)

Phala Network has no data, while Bitcoin max TPS is 13.2 tx/s

Phala Network logo
Bitcoin logo
13.2 tx/s

Data from Chainspect

Max Theoretical TPS

Phala Network has no data, while Bitcoin max theoretical TPS is 7 tx/s

Phala Network logo
Bitcoin logo
7 tx/s

Data from Chainspect

Transaction Volume (1H)

Phala Network has no data, while Bitcoin transaction volume is 29.3K txns

Phala Network logo
Bitcoin logo
29.3K txns

Data from Chainspect

Block Time (1H)

Phala Network has no data, while Bitcoin block time is 7m 7s

Phala Network logo
Bitcoin logo
7m 7s

Data from Chainspect

Finality

Phala Network has no data, while Bitcoin finality is 1h

Phala Network logo
Bitcoin logo
1h

Data from Chainspect

Type

Phala Network has no data, while Bitcoin is a layer 1 blockchain

Phala Network logo
Bitcoin logo
Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Phala Network has no data, while Bitcoin has 1.25B total transactions

Phala Network logo
Bitcoin logo
1.25B txns

Data from Chainspect

Launch Date

Phala Network has no data, while Bitcoin was launched on Jan 3, 2009

Phala Network logo
Bitcoin logo
Jan 3, 2009

Data from Chainspect

Phala Network vs Bitcoin Decentralization

Nakamoto Coefficient

Phala Network has no data, while Bitcoin Nakamoto Coefficient is 3

Phala Network logo
Bitcoin logo
3

Data from Chainspect

Validators/Miners

Phala Network has no data, while Bitcoin has 104 miners

Phala Network logo
Bitcoin logo
104

Data from Chainspect

Stake/Hashrate

Phala Network has no data, while Bitcoin hashrate is 1.01K EH/s

Phala Network logo
Bitcoin logo
1.01K EH/s

Data from Chainspect

Consensus Mechanism

Phala Network has no data, while Bitcoin is PoW

Phala Network logo
Bitcoin logo
Proof of Work (PoW)

Data from Chainspect

Governance

Phala Network has no data, while Bitcoin governance is off-chain

Phala Network logo
Bitcoin logo
Off-chain

Data from Chainspect

Phala Network vs Bitcoin Developer Activity New

Developers

Phala Network has no data, while Bitcoin has 1,883 developers

Phala Network logo
Bitcoin logo
1,883

Data from Chainspect

Repos

Phala Network has no data, while Bitcoin has 22 repos

Phala Network logo
Bitcoin logo
22

Data from Chainspect

Commits

Phala Network has no data, while Bitcoin has 114,193 commits

Phala Network logo
Bitcoin logo
114,193

Data from Chainspect

Stars

Phala Network has no data, while Bitcoin has 102,699 stars

Phala Network logo
Bitcoin logo
102,699

Data from Chainspect

Watchers

Phala Network has no data, while Bitcoin has 5,573 watchers

Phala Network logo
Bitcoin logo
5,573

Data from Chainspect

Other Comparisons

About Blockchains

About Phala Network

Phala Network tackles the issue of trust in the computation cloud.

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

Phala Network Socials

Bitcoin Socials