BNB Chain vs IoTeX

BNB Chain vs IoTeX Scalability

Real-time TPS

Chainspect

BNB Chain TPS is 643X higher than IoTeX TPS

BNB Chain logo
128.5 tx/s
IoTeX logo
0.2 tx/s

Max TPS (100 blocks)

Chainspect

BNB Chain max TPS is 2.09X higher than IoTeX max TPS

BNB Chain logo
1,731 tx/s
IoTeX logo
829.7 tx/s

Max Theoretical TPS

Chainspect

BNB Chain max theoretical TPS is 1.11X higher than IoTeX max theoretical TPS

BNB Chain logo
2,222 tx/s
IoTeX logo
2,000 tx/s

Transaction Volume

Chainspect

BNB Chain transaction volume is 643X higher than IoTeX transaction volume

BNB Chain logo
462,664 txns
IoTeX logo
720 txns

Block Time

Chainspect

BNB Chain block time is 70% shorter than IoTeX block time

BNB Chain logo
0.75s
IoTeX logo
2.5s

Finality

Chainspect

BNB Chain finality is 100% longer than IoTeX finality

BNB Chain logo
2s
IoTeX logo
0s

Type

Chainspect

BNB Chain and IoTeX are both layer 1 blockchains

BNB Chain logo
Layer 1 blockchain
IoTeX logo
Layer 1 blockchain

Launch Date

Chainspect

BNB Chain was launched 1 year after IoTeX

BNB Chain logo
Sep 1, 2020
IoTeX logo
Apr 22, 2019

BNB Chain vs IoTeX Decentralization New

Nakamoto Coefficient

Chainspect

BNB Chain Nakamoto Coefficient is 22.22% lower than IoTeX Nakamoto Coefficient

BNB Chain logo
7
IoTeX logo
9

Validators

Chainspect

BNB Chain has 37.5% fewer validators than IoTeX

BNB Chain logo
45
IoTeX logo
72

Stake

Chainspect

BNB Chain stake is 29.25M BNB, while IoTeX stake is 4.415B IOTX

BNB Chain logo
29.25M BNB
IoTeX logo
4.415B IOTX

Consensus Mechanism

Chainspect

BNB Chain is Proof of Staked Authority, while IoTeX is PoS

BNB Chain logo
Proof of Staked Authority
IoTeX logo
Proof of Stake (PoS)

Governance

Chainspect

BNB Chain and IoTeX governance are both on-chain

BNB Chain logo
On-chain
IoTeX logo
On-chain

BNB Chain vs IoTeX Real-Time TPS Chart

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Other 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.

Blockchains Socials

BNB Chain Socials

IoTeX Socials