Pi Network Outperforms Bitcoin in Real-World Transaction Speed Test

A recent experiment compared the performance of two popular cryptocurrency networks: Pi Network and Bitcoin.

The test, conducted on Kraken, found that Pi Network transactions were processed almost instantly via its blockchain, while Bitcoin transfers took significantly longer – around 45 minutes to confirm.

The disparity in transaction speeds is largely due to the different consensus protocols used by each network. Pi Network employs the Stellar Consensus Protocol (SCP), designed for fast and energy-efficient transactions, whereas Bitcoin relies on Proof-of-Work (PoW) for its security-focused approach.