Secret Network vs Bitcoin
Secret Network vs Bitcoin Scalability
Real-time TPS
Secret Network has no data, while Bitcoin TPS is 8.35 tx/s
Max TPS (100 blocks)
Secret Network has no data, while Bitcoin max TPS is 13.2 tx/s
Max Theoretical TPS
Secret Network has no data, while Bitcoin max theoretical TPS is 7 tx/s
Transaction Volume
Secret Network has no data, while Bitcoin transaction volume is 30,057 txns
Block Time
Secret Network has no data, while Bitcoin block time is 5m 23s
Finality
Secret Network has no data, while Bitcoin finality is 1h
Type
Secret Network has no data, while Bitcoin is a layer 1 blockchain
Launch Date
Secret Network has no data, while Bitcoin was launched on Jan 3, 2009
Secret Network vs Bitcoin Decentralization New
Nakamoto Coefficient
Secret Network has no data, while Bitcoin Nakamoto Coefficient is 3
Validators/Miners
Secret Network has no data, while Bitcoin has 95 miners
Stake/Hashrate
Secret Network has no data, while Bitcoin hashrate is 898 EH/s
Consensus Mechanism
Secret Network has no data, while Bitcoin is PoW
Governance
Secret Network has no data, while Bitcoin governance is off-chain
Other Comparisons
Secret Network Comparisons
About Blockchains
About Secret Network
Secret Network is the first mainnet blockchain with privacy- preserving smart contracts, launched in 2020. This makes it possible to build apps that are decentralized and permissionless—yet private. Privacy-preserving smart contracts with end-to- end encryption.
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.