Polkadex vs Bitcoin

Polkadex vs Bitcoin Scalability

Real-time TPS

Chainspect

Polkadex TPS is 99.98% lower than Bitcoin TPS

Polkadex logo
0.0006 tx/s
Bitcoin logo
5.35 tx/s

Max TPS (100 blocks)

Chainspect

Polkadex max TPS is 94.02% lower than Bitcoin max TPS

Polkadex logo
0.79 tx/s
Bitcoin logo
13.2 tx/s

Max Theoretical TPS

Chainspect

Polkadex max theoretical TPS is 214X higher than Bitcoin max theoretical TPS

Polkadex logo
1,500 tx/s
Bitcoin logo
7 tx/s

Transaction Volume

Chainspect

Polkadex transaction volume is 99.98% lower than Bitcoin transaction volume

Polkadex logo
2 txns
Bitcoin logo
19,273 txns

Block Time

Chainspect

Polkadex block time is 97.86% shorter than Bitcoin block time

Polkadex logo
12s
Bitcoin logo
9m 23s

Finality

Chainspect

Polkadex finality is 99.16% shorter than Bitcoin finality

Polkadex logo
30s
Bitcoin logo
1h

Type

Chainspect

Polkadex and Bitcoin are both layer 1 blockchains

Polkadex logo
Layer 1 blockchain
Bitcoin logo
Layer 1 blockchain

Launch Date

Chainspect

Polkadex was launched 13 years after Bitcoin

Polkadex logo
Sep 26, 2021
Bitcoin logo
Jan 3, 2009

Polkadex vs Bitcoin Decentralization New

Nakamoto Coefficient

Chainspect

Polkadex has no data, while Bitcoin Nakamoto Coefficient is 3

Polkadex logo
Bitcoin logo
3

Validators/Miners

Chainspect

Polkadex has no data, while Bitcoin has 96 miners

Polkadex logo
Bitcoin logo
96

Stake/Hashrate

Chainspect

Polkadex has no data, while Bitcoin hashrate is 1.1K EH/s

Polkadex logo
Bitcoin logo
1.1K EH/s

Consensus Mechanism

Chainspect

Polkadex is PoS, while Bitcoin is PoW

Polkadex logo
Proof of Stake (PoS)
Bitcoin logo
Proof of Work (PoW)

Governance

Chainspect

Polkadex on-chain governance is better than Bitcoin off-chain governance

Polkadex logo
On-chain
Bitcoin logo
Off-chain

Polkadex vs Bitcoin Real-Time TPS Chart

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Other Comparisons

About Blockchains

About Polkadex

Polkadex is a decentralized exchange (DEX) built on the Polkadot network. It offers high-performance, low-latency trading with a fully decentralized order book. Users can trade assets across different parachains within the Polkadot ecosystem and external blockchains connected via bridges. Polkadex uses L2 scaling solutions for fast, efficient trading and operates on a non-custodial model, allowing users to retain control of their funds at all times.

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

Polkadex Socials

Bitcoin Socials