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.
Speed by Design: PoW vs SCP
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.
Beyond “Mobile Mining” Narrative
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.
Market Reality & Supply Twist
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.
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