A crypto pioneer recently put two very different networks to the test: Pi Network and Bitcoin on Kraken. The goal was to compare how fast a real‑world transaction can settle on each system. The result was interesting as Pi Network transaction settled instantly on the Pi Blockchain, while the equivalent Bitcoin transfer took around 45 minutes to confirm.
“Speed test: $PI vs $BTC on Kraken today… Pi Network transactions were literally instant via Pi Blockchain. Bitcoin took 45 minutes to confirm,” the pioneer said.
The result quickly caught attention, especially as users look at which networks can handle real-time activity.
One user explained why there was a difference. Pi Network runs on the Stellar Consensus Protocol (SCP), built for fast and low-energy transactions, while Bitcoin uses Proof-of-Work (PoW), which focuses on security but is slower. That’s why Pi transactions can settle almost instantly, while Bitcoin can take longer, especially during congestion.
With upgrades like v20.2 and v23.0 adding smart contracts and a native DEX, Pi is also trying to handle high transaction activity, strengthening its push toward real-time usage.
He further pushed back against the idea that Pi is just a “mobile mining” project. Instead, it framed the network as a functional Layer-1 chain capable of handling real-time transactions.
By demonstrating speed in a live environment, the update adds to the growing narrative that Pi is moving toward practical utility rather than just early-stage participation.
Pi is currently trading near $0.16, with daily volumes ranging between $12 million and $25 million, helping maintain steady liquidity. Its circulating supply has crossed 10 billion tokens, contributing to a market cap of around $1.69 billion.
Meanwhile, Bitcoin continues to dominate in value and liquidity. At current levels, 1 BTC equals roughly 368,000 Pi.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Zcash price has been rallying strongly over the past few days after breaking out of…
India's Standing Committee on Finance convened at Parliament House Annexe in New Delhi on May…
Arthur Hayes has sparked fresh debate around crypto regulation after saying he hopes Donald Trump…
The ultimate price floor for Bitcoin (BTC) in the current market cycle is $60,000, according…
The XP token isn’t cooling off quietly. After exploding 300% from roughly $0.019 to $0.082…
Something weird is happening around Ozone Chain and its token OZO. While heavyweight AI and…
