Compare Reef vs Bitcoin
Reef vs Bitcoin Scalability
Real-time TPS (1H)
Reef has no data, while Bitcoin TPS is 10.1 tx/s
Data from Chainspect
Max TPS (100 blocks)
Reef has no data, while Bitcoin max TPS is 13.2 tx/s
Data from Chainspect
Max Theoretical TPS
Reef has no data, while Bitcoin max theoretical TPS is 7 tx/s
Data from Chainspect
Transaction Volume (1H)
Reef has no data, while Bitcoin transaction volume is 36.3K txns
Data from Chainspect
Block Time (1H)
Reef has no data, while Bitcoin block time is 5m 17s
Data from Chainspect
Finality
Reef has no data, while Bitcoin finality is 1h
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Type
Reef has no data, while Bitcoin is a layer 1 blockchain
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Total Transactions
Reef has no data, while Bitcoin has 1.25B total transactions
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Launch Date
Reef has no data, while Bitcoin was launched on Jan 3, 2009
Data from Chainspect
Reef vs Bitcoin Decentralization
Nakamoto Coefficient
Reef has no data, while Bitcoin Nakamoto Coefficient is 4
Data from Chainspect
Validators/Miners
Reef has no data, while Bitcoin has 106 miners
Data from Chainspect
Stake/Hashrate
Reef has no data, while Bitcoin hashrate is 1.05K EH/s
Data from Chainspect
Consensus Mechanism
Reef has no data, while Bitcoin is PoW
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Governance
Reef has no data, while Bitcoin governance is off-chain
Data from Chainspect
Reef vs Bitcoin Developer Activity New
Developers
Reef has no data, while Bitcoin has 1,886 developers
Data from Chainspect
Repos
Reef has no data, while Bitcoin has 22 repos
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Commits
Reef has no data, while Bitcoin has 114,396 commits
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Stars
Reef has no data, while Bitcoin has 102,937 stars
Data from Chainspect
Watchers
Reef has no data, while Bitcoin has 5,573 watchers
Data from Chainspect
Other Comparisons
Reef Comparisons
About Blockchains
About Reef
Reef chain is a layer 1 blockchain for the world’s decentralized applications. Built with Substrate Framework, Reef is fast, scalable, affordable, and easy to 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.