Arbitrum vs. Bitcoin
In this article we'll compare Arbitrum and Bitcoin. This is an indepth review that considers many metrics.
Overview
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% |
Table of Contents
Comparison
Is Arbitrum faster than Bitcoin?
Yes, Arbitrum processes 4000 transactions per second, whereas Bitcoin only processes 5.
Is Arbitrum cheaper than Bitcoin?
Yes, Arbitrum has an average transaction fee of $0.101, whereas Bitcoin costs $5.0973.