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Bitcoin

Bitcoin Scalability

Real-time TPS

7.41 tx/s

25.49%

Max TPS (100 blocks)

13.2 tx/s

Max Theor. TPS

7 tx/s

Transaction Volume

26,668 txns

Block Time

8m 31s

Finality

1h

Type

Layer 1

Launch Date

Jan 3, 2009

Bitcoin Decentralization

Nakamoto Coefficient

3

Miners

106

1.85%

Hashrate

963 EH/s

12.97%

Consensus Mechanism

PoW

Governance

Off-chain

Bitcoin Developer Activity New

Developers

1,874

0.05%

Repos

22

Commits

113,556

0.04%

Stars

102,127

0.02%

Watchers

5,590

0.02%

Bitcoin Real-Time TPS Chart

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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.

Token symbol:
BTC

Scalability Metrics:
Bitcoin TPS is 7.41 transactions per second
Bitcoin Max TPS is 13.2 transactions per second
Bitcoin Max Theoretical TPS is 7 transactions per second
Bitcoin transaction volume is 26,668 transactions
Bitcoin block time is 8m 31s
Bitcoin finality is 1h
Bitcoin is a layer 1 blockchain
Bitcoin was launched on Jan 3, 2009 (17 years ago)

Decentralization Metrics:
Bitcoin nakamoto coefficient is 3
Bitcoin has 106 miners
Bitcoin hashrate is 963 EH/s
Bitcoin consensus mechanism is Proof of Work (PoW)
Bitcoin governance is off-chain

Developer Activity Metrics:
Bitcoin has 1,874 developers
Bitcoin has 22 repos
Bitcoin has 113,556 commits
Bitcoin has 102,127 stars
Bitcoin has 5,590 watchers

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