Arbitrum vs Bitcoin
Arbitrum and Bitcoin are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.
Table of Contents
Comparing Metrics
| Arbitrum | Bitcoin | |
|---|---|---|
| Created by | Germans Gedgauds | Satoshi Nakamoto |
| Native token | ETH | BTC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 4000 | 5 |
| Block time (secs) | 13 | 600 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.101 | $5.0973 |
| Staking rewards (APR) | 0% | 0% |
High-level Comparisons
Is Arbitrum faster than Bitcoin?
Yes, Arbitrum can process 4000 transactions per second. Bitcoin only processes up to 5.
Is Arbitrum cheaper than Bitcoin?
Yes, Arbitrum has an average transaction fee of $0.101, whereas Bitcoin costs $5.0973.