Bitcoin is a decentralized digital currency that works as a medium of exchange for goods and services. It was created in 2009 by a pseudonymous programmer named Satoshi Nakamoto (believed to be a Japanese man) as an alternative to other existing forms of currency, which are controlled by national governments and monetary authorities. Similar to cash, Bitcoin only exists digitally, but unlike cash it can be used to buy things electronically, like online goods or services. Bitcoin is made possible by a technology known as blockchain, which acts as the underlying infrastructure that makes facilitating transactions possible without the need of a third party (for example, banks).

Bitcoin

TON Blockchain is a new decentralized platform that offers to deliver innovative solutions to some of the most pressing issues faced by the media industry. These include: better protection of content rights, fair and transparent transactions between authors, advertisers and online platforms, and creation of a new generation of digital products and services.

	Bitcoin	TON
Created by	Satoshi Nakamoto	Nikolai and Pavel Durov
Native token	BTC	TON
Consensus algorithm	PoW	PoS
Hashing algorithm	SHA-256	KECCAK-256
Supports EVM	No	No
TPS	5	1000000
Block time (secs)	600	5
Layer	1	1
Supports smart contracts	No	Yes
Average transaction fee	$5.0973	$0.012375
Staking rewards (APR)	0%	6.85%

Bitcoin vs. TON

Overview

Table of Contents

Comparison

Is Bitcoin faster than TON?

Is Bitcoin cheaper than TON?