BNB Chain vs IoTeX
BNB Chain vs IoTeX Scalability
Real-time TPS
BNB Chain TPS is 41X higher than IoTeX TPS
Max TPS (100 blocks)
BNB Chain max TPS is 2.63X higher than IoTeX max TPS
Max Theoretical TPS
BNB Chain max theoretical TPS is 1.11X higher than IoTeX max theoretical TPS
Transaction Volume
BNB Chain transaction volume is 41X higher than IoTeX transaction volume
Block Time
BNB Chain block time is 70% shorter than IoTeX block time
Finality
BNB Chain finality is 100% longer than IoTeX finality
Type
BNB Chain and IoTeX are both layer 1 blockchains
Launch Date
BNB Chain was launched 1 year after IoTeX
BNB Chain vs IoTeX Decentralization
Nakamoto Coefficient
BNB Chain Nakamoto Coefficient is 22.22% lower than IoTeX Nakamoto Coefficient
Validators
BNB Chain has 37.5% fewer validators than IoTeX
Stake
BNB Chain stake is 206X higher than IoTeX stake
Consensus Mechanism
BNB Chain is Proof of Staked Authority, while IoTeX is PoS
Governance
BNB Chain and IoTeX governance are both on-chain
BNB Chain vs IoTeX Developer Activity New
Developers
BNB Chain has 10X more developers than IoTeX
Repos
BNB Chain has 1.11X more repos than IoTeX
Commits
BNB Chain has 8.22X more commits than IoTeX
Stars
BNB Chain has 5.14X more stars than IoTeX
Watchers
BNB Chain has 1.92X more watchers than IoTeX
BNB Chain vs IoTeX 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 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.