Witnet vs Bitcoin
Witnet vs Bitcoin Scalability
Real-time TPS (1H)
Witnet has no data, while Bitcoin TPS is 8.92 tx/s
Max TPS (100 blocks)
Witnet has no data, while Bitcoin max TPS is 13.2 tx/s
Max Theoretical TPS
Witnet has no data, while Bitcoin max theoretical TPS is 7 tx/s
Transaction Volume (1H)
Witnet has no data, while Bitcoin transaction volume is 32.1K txns
Block Time (1H)
Witnet has no data, while Bitcoin block time is 5m 53s
Finality
Witnet has no data, while Bitcoin finality is 1h
Type
Witnet has no data, while Bitcoin is a layer 1 blockchain
Total Transactions
Witnet has no data, while Bitcoin has 1.24B total transactions
Launch Date
Witnet has no data, while Bitcoin was launched on Jan 3, 2009
Witnet vs Bitcoin Decentralization
Nakamoto Coefficient
Witnet has no data, while Bitcoin Nakamoto Coefficient is 3
Validators/Miners
Witnet has no data, while Bitcoin has 109 miners
Stake/Hashrate
Witnet has no data, while Bitcoin hashrate is 1.1K EH/s
Consensus Mechanism
Witnet has no data, while Bitcoin is PoW
Governance
Witnet has no data, while Bitcoin governance is off-chain
Witnet vs Bitcoin Developer Activity New
Developers
Witnet has no data, while Bitcoin has 1,875 developers
Repos
Witnet has no data, while Bitcoin has 22 repos
Commits
Witnet has no data, while Bitcoin has 113,679 commits
Stars
Witnet has no data, while Bitcoin has 102,247 stars
Watchers
Witnet has no data, while Bitcoin has 5,590 watchers
Other Comparisons
Witnet Comparisons
About Blockchains
About Witnet
The first Layer 1 Proof of Stake oracle network. Powered by the $WIT coin.
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.