Research Article
Understanding Block and Transaction Logs of Permissionless Blockchain Networks
| Blockchain | Consensus mechanism | Block time | Transactions per second (all-time high) | Balance model | Transaction fee | Peer-to-peer management | Discovery | Max # peers | (Outgoing) |
| Bitcoin | PoW | ∼10 minutes | 7 | UTXO | Yes | Random from seeder list | 125 | (8) | Ethereum | PoW | ∼10 seconds | 15 | Account | Yes | Kademlia-like | 50 | (16) | EOS | DPoS | 0.5 seconds | 4,000 | Account | No (staking) | — | — | |
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