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 6.37 tx/s
Data from Chainspect
Max TPS (100 blocks)
Trac Network has no data, while Bitcoin max TPS is 13.2 tx/s
Data from Chainspect
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 22.9K txns
Data from Chainspect
Block Time (1H)
Trac Network has no data, while Bitcoin block time is 9m 41s
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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 (All time)
Trac Network has no data, while Bitcoin has 1.32B 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 3
Data from Chainspect
Validators/Miners
Trac Network has no data, while Bitcoin has 124 miners
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Stake/Hashrate
Trac Network has no data, while Bitcoin hashrate is 970 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 1,937 developers
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Commits
Trac Network has no data, while Bitcoin has 119,389 commits
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Repos
Trac Network has no data, while Bitcoin has 23 repos
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Stars
Trac Network has no data, while Bitcoin has 105,918 stars
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Watchers
Trac Network has no data, while Bitcoin has 5,601 watchers
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Trac Network vs Bitcoin Financials New
Chain Revenue
Trac Network has no data, while Bitcoin chain revenue is $202.8K
Data from Chainspect
Average Transaction Fee
Trac Network has no data, while Bitcoin average transaction fee is $0.4667
Data from Chainspect
Market Cap
Trac Network has no data, while Bitcoin market cap is $1.414T
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FDV
Trac Network has no data, while Bitcoin FDV is $1.485T
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Market Cap / FDV
Trac Network has no data, while Bitcoin Market Cap to FDV ratio is 95.24%
Data from Chainspect
Price
Trac Network has no data, while Bitcoin price is $70,710
Data from Chainspect
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.