Compare Bitcoin vs Polkadot
Open in ChatGPTBitcoin vs Polkadot Scalability
Real-time TPS (1H)
Bitcoin TPS is 4,483X higher than Polkadot TPS
Data from Chainspect
Max TPS (100 blocks)
Bitcoin max TPS is 97.14% lower than Polkadot max TPS
Data from Chainspect
Max Theoretical TPS
Bitcoin max theoretical TPS is 99.3% lower than Polkadot max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Bitcoin transaction volume is 2,698X higher than Polkadot transaction volume
Data from Chainspect
Block Time (1H)
Bitcoin block time is 94X longer than Polkadot block time
Data from Chainspect
Finality
Bitcoin finality is 120X longer than Polkadot finality
Data from Chainspect
Type
Bitcoin and Polkadot are both layer 1 blockchains
Data from Chainspect
Total Transactions (All time)
Bitcoin has 29X more total transactions than Polkadot
Data from Chainspect
Launch Date
Bitcoin was launched 11 years before Polkadot
Data from Chainspect
Bitcoin vs Polkadot Decentralization
Nakamoto Coefficient
Bitcoin Nakamoto Coefficient is 97.75% lower than Polkadot Nakamoto Coefficient
Data from Chainspect
Validators/Miners
Bitcoin has 78.66% fewer miners than Polkadot has validators
Data from Chainspect
Stake/Hashrate
Bitcoin hashrate is 1.17K EH/s, while Polkadot stake is $1.061B
Data from Chainspect
Consensus Mechanism
Bitcoin is PoW, while Polkadot is Nominated Proof of Stake
Data from Chainspect
Governance
Bitcoin off-chain governance is worse than Polkadot on-chain governance
Data from Chainspect
Bitcoin vs Polkadot Developer Activity
Developers
Bitcoin has 78.35% fewer developers than Polkadot
Data from Chainspect
Commits
Bitcoin has 82.63% fewer commits than Polkadot
Data from Chainspect
Repos
Bitcoin has 95.43% fewer repos than Polkadot
Data from Chainspect
Stars
Bitcoin has 3.01X more stars than Polkadot
Data from Chainspect
Watchers
Bitcoin has 1.1X more watchers than Polkadot
Data from Chainspect
Bitcoin vs Polkadot Financials New
Chain Revenue
Bitcoin chain revenue is 195,614X higher than Polkadot chain revenue
Data from Chainspect
Average Transaction Fee
Bitcoin average transaction fee is 16X higher than Polkadot average transaction fee
Data from Chainspect
Market Cap
Bitcoin market cap is 705X higher than Polkadot market cap
Data from Chainspect
FDV
Bitcoin FDV is 592X higher than Polkadot FDV
Data from Chainspect
Market Cap / FDV
Bitcoin Market Cap to FDV ratio is 1.19X higher than Polkadot Market Cap to FDV ratio
Data from Chainspect
Price
Bitcoin price is 59,188X higher than Polkadot price
Data from Chainspect
Bitcoin vs Polkadot Real-time TPS Chart
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About Blockchains
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.
About Polkadot
Polkadot stands out among other blockchain projects for its focus on enhancing the foundational infrastructure of dApps. It aims to enable interoperability between blockchain ecosystems, facilitating seamless communication without intermediaries. Functioning as a "network of networks," Polkadot utilizes parachains — specialized blockchains with unique functionalities and tokens — to enable interaction between diverse blockchain architectures. Powered by the nominated proof-of-stake (PoS) consensus algorithm and drawing inspiration from the Ouroboros protocol, Polkadot offers a robust framework for building interconnected and scalable decentralized systems.