Secret Network vs Bitcoin

Secret Network vs Bitcoin Scalability

Real-time TPS (1H)

Secret Network has no data, while Bitcoin TPS is 7.63 tx/s

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7.63 tx/s

Data from Chainspect

Max TPS (100 blocks)

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

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13.2 tx/s

Data from Chainspect

Max Theoretical TPS

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

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7 tx/s

Data from Chainspect

Transaction Volume (1H)

Secret Network has no data, while Bitcoin transaction volume is 27.5K txns

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27.5K txns

Data from Chainspect

Block Time (1H)

Secret Network has no data, while Bitcoin block time is 6m 43s

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6m 43s

Data from Chainspect

Finality

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

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1h

Data from Chainspect

Type

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

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Layer 1 blockchain

Data from Chainspect

New

Total Transactions

Secret Network has no data, while Bitcoin has 1.24B total transactions

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1.24B txns

Data from Chainspect

Launch Date

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

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Jan 3, 2009

Data from Chainspect

Secret Network vs Bitcoin Decentralization

Nakamoto Coefficient

Secret Network has no data, while Bitcoin Nakamoto Coefficient is 4

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4

Data from Chainspect

Validators/Miners

Secret Network has no data, while Bitcoin has 109 miners

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109

Data from Chainspect

Stake/Hashrate

Secret Network has no data, while Bitcoin hashrate is 1.06K EH/s

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1.06K EH/s

Data from Chainspect

Consensus Mechanism

Secret Network has no data, while Bitcoin is PoW

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Proof of Work (PoW)

Data from Chainspect

Governance

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

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Off-chain

Data from Chainspect

Secret Network vs Bitcoin Developer Activity New

Developers

Secret Network has no data, while Bitcoin has 1,876 developers

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1,876

Data from Chainspect

Repos

Secret Network has no data, while Bitcoin has 22 repos

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22

Data from Chainspect

Commits

Secret Network has no data, while Bitcoin has 113,862 commits

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113,862

Data from Chainspect

Stars

Secret Network has no data, while Bitcoin has 102,472 stars

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102,472

Data from Chainspect

Watchers

Secret Network has no data, while Bitcoin has 5,602 watchers

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5,602

Data from Chainspect

Other 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.

Blockchains Socials

Secret Network Socials

Bitcoin Socials