Compare Phala Network vs Bitcoin
Phala Network vs Bitcoin Scalability
Real-time TPS (1H)
Phala Network has no data, while Bitcoin TPS is 12.58 tx/s
Data from Chainspect
Max TPS (100 blocks)
Phala Network has no data, while Bitcoin max TPS is 13.2 tx/s
Data from Chainspect
Max Theoretical TPS
Phala Network has no data, while Bitcoin max theoretical TPS is 7 tx/s
Data from Chainspect
Transaction Volume (1H)
Phala Network has no data, while Bitcoin transaction volume is 45.3K txns
Data from Chainspect
Block Time (1H)
Phala Network has no data, while Bitcoin block time is 4m 24s
Data from Chainspect
Finality
Phala Network has no data, while Bitcoin finality is 1h
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Type
Phala Network has no data, while Bitcoin is a layer 1 blockchain
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Total Transactions
Phala Network has no data, while Bitcoin has 1.26B total transactions
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Launch Date
Phala Network has no data, while Bitcoin was launched on Jan 3, 2009
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Phala Network vs Bitcoin Decentralization
Nakamoto Coefficient
Phala Network has no data, while Bitcoin Nakamoto Coefficient is 3
Data from Chainspect
Validators/Miners
Phala Network has no data, while Bitcoin has 108 miners
Data from Chainspect
Stake/Hashrate
Phala Network has no data, while Bitcoin hashrate is 1.13K EH/s
Data from Chainspect
Consensus Mechanism
Phala Network has no data, while Bitcoin is PoW
Data from Chainspect
Governance
Phala Network has no data, while Bitcoin governance is off-chain
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Phala Network vs Bitcoin Developer Activity New
Developers
Phala Network has no data, while Bitcoin has 1,891 developers
Data from Chainspect
Repos
Phala Network has no data, while Bitcoin has 22 repos
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Commits
Phala Network has no data, while Bitcoin has 114,868 commits
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Stars
Phala Network has no data, while Bitcoin has 103,347 stars
Data from Chainspect
Watchers
Phala Network has no data, while Bitcoin has 5,566 watchers
Data from Chainspect
Other Comparisons
Phala Network 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.