Software Alternatives, Accelerators & Startups

Block Protocol VS TaxBit

Compare Block Protocol VS TaxBit and see what are their differences

Block Protocol logo Block Protocol

A POWERFUL NEW PROTOCOL FOR DEVELOPERSBuild and use interactive blocks connected to the world of structured dataAn open standard for building and using data-driven blocks.

TaxBit logo TaxBit

TaxBit is an advanced intelligence-based platform that allows getting the detailed overview of tax reports by interacting with digital cryptocurrency rates like Bitcoin, Ethereum, BlockFi, Coinbase, Gemini, and many more with easy-to-use exchanging …
  • Block Protocol Landing page
    Landing page //
    2023-05-13
  • TaxBit Landing page
    Landing page //
    2022-06-01

Block Protocol videos

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TaxBit videos

Crypto Tax Tips 2021 — Taxbit Crypto Tax Software Review

More videos:

  • Review - Crypto Taxes Made Simple | Taxbit Review & Interview w/ Austin Woodward

Category Popularity

0-100% (relative to Block Protocol and TaxBit)
Crypto
32 32%
68% 68
Fintech
0 0%
100% 100
Developer Tools
100 100%
0% 0
Cryptocurrencies
29 29%
71% 71

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Block Protocol and TaxBit

Block Protocol Reviews

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TaxBit Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
TaxBit is a popular cryptocurrency tax platform that was designed by a series of tax attorneys and certified public accountants. Over its years of service, the platform has served thousands of users, thanks to its array of features that include a full audit trail, optimized taxes, the ability to claim capital losses, and more.
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
TaxBit is integrated with 500+ crypto exchanges, wallets, and DeFi platforms. This crypto has native support only for taxpayers of the United States. However, the platform states that anyone with similar tax regimes can use it.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TaxBit is a complete tax and accounting solution for your digital assets. It is similar to Koinly, just that it helps you achieve compliance and accuracy while operating at a scale of a Big Four grade self-service solution.

Social recommendations and mentions

TaxBit might be a bit more popular than Block Protocol. We know about 15 links to it since March 2021 and only 14 links to Block Protocol. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Block Protocol mentions (14)

  • Ask HN: It's 2024. What would be your ideal blogging service?
    Off the top of my head… Tools for transclusion, inserting parts of other docs and rich references to them: https://en.wikipedia.org/wiki/Transclusion i.e. I refer to lobste.rs and Hacker news stories in posts like this: https://www.oilshell.org/blog/2021/04/build-ci-comments.html I wrote a bit of (offline) JavaScript to do it, but I could see it being expanded. I find it makes the posts more like a conversation... - Source: Hacker News / 6 months ago
  • Show HN: Primo – a visual CMS with Svelte blocks, a code editor, and SSG
    Looks like that's using lit-html templates inside Svelte, but not any custom elements. Web components would be good because they're an interface that Primo could work with without relying on specific implementation details. They're also encapsulated with shadow DOM, and support interoperable composition (components can have child elements made from any other frameworks or library). So you could still build blocks... - Source: Hacker News / 12 months ago
  • BlockSuite: An open-source Notion-like editor with multiplayer support
    Any chance this might interact with Block Protocol in any way? https://blockprotocol.org/ The obvious immediate benefit to this would be native editing of Wordpress blocks for your website. But if this became standardized and usable both locally and on the web, it could open up all sorts of interesting use cases. - Source: Hacker News / about 1 year ago
  • A quick analogy for those still finding fediverse, lemmy, mastodon stuff confusing
    I think the “servers” should be abstracted away from the user. Communities should be able to exist seamlessly across multiple servers, and the user shouldn’t need to know what servers a community is on. They should just be able to go to one website and access the entirety of the fediverse. Activities should adopt something similar to the Block protocol (https://blockprotocol.org/) so they can specify how they... Source: about 1 year ago
  • Are they going to keep going with Gutemberg ?
    The universal block thing...that's actually not too far from what is happening. WP didn't invent blocks, they adopted the Blocks Protocol. It's slow moving, with only a couple CMS's supporting it at the moment, but Drupal, Github, and Figma are planned to implement it as well. The idea being to enable a web standard for blocks that makes then platform agnostic. Use them anywhere on the web you like. Source: about 1 year ago
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TaxBit mentions (15)

  • BlockFi 1099B for Tax Year 2022 has inflated value of Proceeds
    If I use the information generated by TaxBit.com, then will I be audited by the IRS, and if so, which side the IRS will side with? Source: over 1 year ago
  • Tax Forms
    Hi there, thank you for visiting our sub! We unfortunately don't have the option to mail the tax forms, but they can be downloaded and printed out directly from the app. In addition, we don't generate tax forms for your Crypto account, but we do provide the CSV file with all of your transactions for the calendar year. To help with reporting your Crypto gains and losses on your taxes, we've partnered with TAXbit.... Source: over 1 year ago
  • Is it legal for US persons to buy or own $IMX?
    Yes, you can own IMX in the US. Use cointracker.io or https://taxbit.com/ to track your transactions and taxes due for the US. Source: over 1 year ago
  • Monthly subscription Tax company failed to file my taxes on time and forces me to stay paying 6 more months
    That's ridiculous. You should have signed a contract before handing over your files. If you were going to end up filing your taxes by yourself even after hiring their services, don't you think you should have tried tax tools? That could have saved your time, money, and energy. There are a lot of tools out in the market like TaxBit and Cointelli and pretty much easy to use. I can't give any particular advice to you... Source: about 2 years ago
  • Need Help regarding Crypto Tax
    Hey! This is a great article that breaks down the Crypto Tax as a whole and the current laws in the US. TaxBit makes crypto taxes super easy and they have a free plan option for you to try it out first before downloading your tax forms. I used it this year for my taxes and saved myself so much time! Source: about 2 years ago
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What are some alternatives?

When comparing Block Protocol and TaxBit, you can also consider the following products

Blockchain Demo - Visual demonstration of blockchain technology

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

BigchainDB - The scalable blockchain database.

ZenLedger - Automated IRS tax calculation & forms for crypto investors

Covalent - Interactive icebreakers for remote teams

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.