Real-Time TPS
Celo TPS is 33.46% less than BNB Chain TPS
Max Recorded TPS
Celo max TPS is 84.51% less than BNB Chain max TPS
Max Theoretical TPS
Celo max theoretical TPS is 78.57% less than BNB Chain max theoretical TPS
Block Time
Celo block time is 1.66X more than BNB Chain block time
Finality
Celo finality is 100% less than BNB Chain finality
Type
Celo and BNB Chain are both layer 1 blockchains
Governance Model
The governance types of Celo and BNB Chain are both on-chain
Launch Date
Celo was launched 4 months before BNB Chain
Other Comparisons
BNB Chain Comparisons
About Blockchains
What is 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.
What is 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.