Compare Trac Network vs Bitcoin
Open in ChatGPTTrac Network vs Bitcoin Scalability
Real-time TPS (1H)
Trac Network has no data, while Bitcoin TPS is 4.36 tx/s
Data from Chainspect
Max TPS (100 blocks)
Trac Network has no data, while Bitcoin max TPS is 13.2 tx/s
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Max Theoretical TPS
Trac Network has no data, while Bitcoin max theoretical TPS is 7 tx/s
Data from Chainspect
Transaction Volume (1H)
Trac Network has no data, while Bitcoin transaction volume is 15.7K txns
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Block Time (1H)
Trac Network has no data, while Bitcoin block time is 8m 42s
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Finality
Trac Network has no data, while Bitcoin finality is 1h
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Type
Trac Network has no data, while Bitcoin is a layer 1 blockchain
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Total Transactions
Trac Network has no data, while Bitcoin has 1.28B total transactions
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Launch Date
Trac Network has no data, while Bitcoin was launched on Jan 3, 2009
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Trac Network vs Bitcoin Decentralization
Nakamoto Coefficient
Trac Network has no data, while Bitcoin Nakamoto Coefficient is 4
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Validators/Miners
Trac Network has no data, while Bitcoin has 127 miners
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Stake/Hashrate
Trac Network has no data, while Bitcoin hashrate is 1.18K EH/s
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Consensus Mechanism
Trac Network has no data, while Bitcoin is PoW
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Governance
Trac Network has no data, while Bitcoin governance is off-chain
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Trac Network vs Bitcoin Developer Activity
Developers
Trac Network has no data, while Bitcoin has 1,899 developers
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Commits
Trac Network has no data, while Bitcoin has 116,085 commits
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Repos
Trac Network has no data, while Bitcoin has 22 repos
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Stars
Trac Network has no data, while Bitcoin has 104,241 stars
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Watchers
Trac Network has no data, while Bitcoin has 5,580 watchers
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Trac Network vs Bitcoin Financials New
Chain Revenue
Trac Network has no data, while Bitcoin chain revenue is $246.1K
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Average Transaction Fee
Trac Network has no data, while Bitcoin average transaction fee is $0.5169
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Market Cap
Trac Network has no data, while Bitcoin market cap is $1.839T
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FDV
Trac Network has no data, while Bitcoin FDV is $1.935T
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Market Cap / FDV
Trac Network has no data, while Bitcoin Market Cap to FDV ratio is 95.05%
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Price
Trac Network has no data, while Bitcoin price is $92,150
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Other Comparisons
Trac Network Comparisons
About Blockchains
About Trac Network
Trac Network — unlike traditional blockchains — does not utilize blocks to process transactions. Instead it operates in favor of a constant stream of transactions that are peer-to-peer-validated and settled on decentralized ledgers. The topology of Trac Network allows for near-instant transaction settlement and a better user-experience. Trac Network uses DAGs as well as distributed clocks to maintain linearized and causal order of network messages.
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.