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- Trac Network vs Bitcoin
Trac Network vs Bitcoin Scalability
Real-time TPS
Trac Network has no data, while Bitcoin TPS is 7.31 tx/s
Max TPS (100 blocks)
Trac Network has no data, while Bitcoin max TPS is 13.2 tx/s
Max Theoretical TPS
Trac Network has no data, while Bitcoin max theoretical TPS is 7 tx/s
Transaction Volume
Trac Network has no data, while Bitcoin transaction volume is 26,323 txns
Block Time
Trac Network has no data, while Bitcoin block time is 8m 36s
Finality
Trac Network has no data, while Bitcoin finality is 1h
Type
Trac Network has no data, while Bitcoin is a layer 1 blockchain
Launch Date
Trac Network has no data, while Bitcoin was launched on Jan 3, 2009
Trac Network vs Bitcoin Decentralization New
Nakamoto Coefficient
Trac Network has no data, while Bitcoin Nakamoto Coefficient is 3
Validators/Miners
Trac Network has no data, while Bitcoin has 96 miners
Stake/Hashrate
Trac Network has no data, while Bitcoin hashrate is 936 EH/s
Consensus Mechanism
Trac Network has no data, while Bitcoin is PoW
Governance
Trac Network has no data, while Bitcoin governance is off-chain
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.