Axelar vs IoTeX Scalability
Real-time TPS
Axelar has no data, while IoTeX TPS is 1.62 tx/s
Max TPS (100 blocks)
Axelar has no data, while IoTeX max TPS is 829.7 tx/s
Max Theoretical TPS
Axelar has no data, while IoTeX max theoretical TPS is 2,000 tx/s
Transaction Volume
Axelar has no data, while IoTeX transaction volume is 5,824 txns
Block Time
Axelar has no data, while IoTeX block time is 2.5s
Finality
Axelar has no data, while IoTeX finality is 0s
Type
Axelar has no data, while IoTeX is a layer 1 blockchain
Launch Date
Axelar has no data, while IoTeX was launched on Apr 22, 2019
Axelar vs IoTeX Decentralization New
Nakamoto Coefficient
Axelar has no data, while IoTeX Nakamoto Coefficient is 9
Validators/Miners
Axelar has no data, while IoTeX has 72 validators
Stake/Hashrate
Axelar has no data, while IoTeX stake is $123.8M
Consensus Mechanism
Axelar has no data, while IoTeX is PoS
Governance
Axelar has no data, while IoTeX governance is on-chain
Other Comparisons
Axelar Comparisons
About Blockchains
About Axelar
Axelar delivers secure cross-chain communication for Web3, enabling you to build Interchain dApps that grow beyond a single chain. Secure means Axelar is built on proof-of-stake, the battle-tested approach used by Ethereum, Polygon, Cosmos, and more. Cross-chain communication means you can build a complete experience for your users that lets them interact with any asset, any application, on any chain with one click.
About IoTeX
IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.