BNB Chain vs Taraxa

BNB Chain vs Taraxa Scalability

Real-time TPS

Chainspect

BNB Chain TPS is 84.4% lower than Taraxa TPS

BNB Chain logo
112.9 tx/s
Taraxa logo
723.7 tx/s

Max TPS (100 blocks)

Chainspect

BNB Chain max TPS is 55.53% lower than Taraxa max TPS

BNB Chain logo
2,181 tx/s
Taraxa logo
4,906 tx/s

Max Theoretical TPS

Chainspect

BNB Chain max theoretical TPS is 95.55% lower than Taraxa max theoretical TPS

BNB Chain logo
2,222 tx/s
Taraxa logo
50,000 tx/s

Transaction Volume

Chainspect

BNB Chain transaction volume is 84.4% lower than Taraxa transaction volume

BNB Chain logo
406,330 txns
Taraxa logo
2,605,192 txns

Block Time

Chainspect

BNB Chain block time is 79.17% shorter than Taraxa block time

BNB Chain logo
0.75s
Taraxa logo
3.6s

Finality

Chainspect

BNB Chain finality is 100% longer than Taraxa finality

BNB Chain logo
2s
Taraxa logo
0s

Type

Chainspect

BNB Chain and Taraxa are both layer 1 blockchains

BNB Chain logo
Layer 1 blockchain
Taraxa logo
Layer 1 blockchain

Launch Date

Chainspect

BNB Chain was launched 3 years before Taraxa

BNB Chain logo
Sep 1, 2020
Taraxa logo
Apr 3, 2023

BNB Chain vs Taraxa Decentralization New

Nakamoto Coefficient

Chainspect

BNB Chain Nakamoto Coefficient is 46.15% lower than Taraxa Nakamoto Coefficient

BNB Chain logo
7
Taraxa logo
13

Validators

Chainspect

BNB Chain has 48.27% fewer validators than Taraxa

BNB Chain logo
45
Taraxa logo
87

Stake

Chainspect

BNB Chain stake is 3,926X higher than Taraxa stake

BNB Chain logo
$22.09B
Taraxa logo
$5.626M

Consensus Mechanism

Chainspect

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

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

Governance

Chainspect

BNB Chain on-chain governance is better than Taraxa council governance

BNB Chain logo
On-chain
Taraxa logo
Council

BNB Chain vs Taraxa 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 Taraxa

Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.

Blockchains Socials

BNB Chain Socials

Taraxa Socials