Taraxa vs Bitcoin Scalability
Real-time TPS
Taraxa TPS is 60X higher than Bitcoin TPS
Max TPS (100 blocks)
Taraxa max TPS is 372X higher than Bitcoin max TPS
Max Theoretical TPS
Taraxa max theoretical TPS is 7,143X higher than Bitcoin max theoretical TPS
Transaction Volume
Taraxa transaction volume is 60X higher than Bitcoin transaction volume
Block Time
Taraxa block time is 99.01% shorter than Bitcoin block time
Finality
Taraxa finality is 100% shorter than Bitcoin finality
Type
Taraxa and Bitcoin are both layer 1 blockchains
Launch Date
Taraxa was launched 14 years after Bitcoin
Taraxa vs Bitcoin Decentralization New
Nakamoto Coefficient
Taraxa Nakamoto Coefficient is 4.33X higher than Bitcoin Nakamoto Coefficient
Validators/Miners
Taraxa has 8.42% fewer validators than Bitcoin has miners
Stake/Hashrate
Taraxa stake is $5.626M, while Bitcoin hashrate is 898 EH/s
Consensus Mechanism
Taraxa is PoS, while Bitcoin is PoW
Governance
Taraxa council governance is worse than Bitcoin off-chain governance
Taraxa vs Bitcoin Real-Time TPS Chart
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Other Comparisons
Taraxa Comparisons
About Blockchains
About Taraxa
Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.
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.