🥇Byte Competitors

Feature	ByteChain	Solana	Binance Smart Chain	Polygon
Transaction Cost	$0.005 (Lowest in class)	$0.005	$0.1282	$0.01
Transaction Speed	5,000 - 250,000 TPS (Highest)	65,000 TPS	300 TPS	65,000 TPS
Blockchain Type	Layer 1 (Robust and versatile)	Layer 1	Layer 1	Layer 2
Consensus Mechanism	PoA & PoS (Efficient and secure)	Proof of History	Proof of Staked Authority	Proof of Stake
Market Capitalization	Pre-Money (High growth potential)	$44 Billion	$56 Billion	$9 Billion
Key Strengths	Diverse ecosystem, low fees, highest TPS range	Robust ecosystem, high TPS but less than ByteChain	Competitive fees, strong DeFi presence	Good Ethereum compatibility