Polkadot vs. Bitcoin
Compare key details of Polkadot and Bitcoin side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| Polkadot | Bitcoin | |
|---|---|---|
| Available on Coinbase (2024)? | Yes | Yes |
| Creator(s) | Gavin Wood, Robert Habermeier, and Peter Czaban | Satoshi Nakamoto (pseudonym) |
| Start year | 2020 | 2009 |
| Decentralized score (out of 5) | 3/5: Shared Control | 5/5: Fully Decentralized |
| Influences or central authority | token holders and the Web3 Foundation. | None |
| Can be mined? | No | Yes |
| New issuance method | Proof of Stake (PoS) | Proof of Work (PoW) |
| Maximum supply (in millions) | None; no fixed maximum | 21 |
| Percentage already issued (2024) | Not applicable | 93% |
| Key functions (other than transactions) | smart contracts, apps, blockchain interoperability | none |
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