🥇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 |
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