BNB Chain vs Celo Scalability
Real-time TPS
BNB Chain TPS is 3.67X higher than Celo TPS
Max TPS (100 blocks)
BNB Chain max TPS is 8.13X higher than Celo max TPS
Max Theoretical TPS
BNB Chain max theoretical TPS is 4.67X higher than Celo max theoretical TPS
Transaction Volume
BNB Chain transaction volume is 3.67X higher than Celo transaction volume
Block Time
BNB Chain block time is 24.95% shorter than Celo block time
Finality
BNB Chain finality is 99.86% shorter than Celo finality
Type
BNB Chain is a layer 1 blockchain, while Celo is a layer 2 blockchain
Launch Date
BNB Chain was launched 4 months after Celo
BNB Chain vs Celo Decentralization New
Nakamoto Coefficient
BNB Chain Nakamoto Coefficient is 7X higher than Celo Nakamoto Coefficient
Validators
BNB Chain has 45X more validators than Celo
Stake
BNB Chain stake is $22.09B, while Celo has no data
Consensus Mechanism
BNB Chain is Proof of Staked Authority, while Celo is Rollup (Optimistic)
Governance
BNB Chain and Celo governance are both on-chain
BNB Chain vs Celo Real-Time TPS Chart
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Other Comparisons
BNB Chain Comparisons
About Blockchains
About BNB Chain
The BNB Chain, formerly known as Binance Smart Chain (BSC), is a blockchain platform introduced by the cryptocurrency exchange Binance. Its native token, BNB, serves various roles within the ecosystem. BNB acts as the network's transaction fuel, similar to gas on Ethereum, and grants users governance rights to participate in on-chain decision-making. In September 2020, Binance introduced the BNB Smart Chain alongside the BNB Beacon Chain, extending BNB's functionality. The BNB Smart Chain supports smart contracts and staking, offering an Ethereum Virtual Machine (EVM)-compatible infrastructure. This dual-chain design aims to provide a high-performance, cost-effective environment for the blockchain community, ensuring compatibility with existing Ethereum tools and dApps while improving scalability and user experience.
About Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.