Celo vs Electra Protocol

Celo vs Electra Protocol Scalability

Real-time TPS

Chainspect

Celo TPS is 16.56 tx/s, while Electra Protocol has no data

Celo logo
16.56 tx/s
E

Max TPS (100 blocks)

Chainspect

Celo max TPS is 268.1 tx/s, while Electra Protocol has no data

Celo logo
268.1 tx/s
E

Max Theoretical TPS

Chainspect

Celo max theoretical TPS is 476.2 tx/s, while Electra Protocol has no data

Celo logo
476.2 tx/s
E

Transaction Volume

Chainspect

Celo transaction volume is 59,616 txns, while Electra Protocol has no data

Celo logo
59,616 txns
E

Block Time

Chainspect

Celo block time is 1s, while Electra Protocol has no data

Celo logo
1s
E

Finality

Chainspect

Celo finality is 24m 48s, while Electra Protocol has no data

Celo logo
24m 48s
E

Type

Chainspect

Celo is a layer 2 blockchain, while Electra Protocol has no data

Celo logo
Layer 2 blockchain
E

Launch Date

Chainspect

Celo was launched on Apr 22, 2020, while the Electra Protocol has no data

Celo logo
Apr 22, 2020
E

Celo vs Electra Protocol Decentralization New

Nakamoto Coefficient

Chainspect

Celo Nakamoto Coefficient is 1, while Electra Protocol has no data

Celo logo
1
E

Validators/Miners

Chainspect

Celo has 1 validators, while Electra Protocol has no data

Celo logo
1
E

Stake/Hashrate

Chainspect

Celo and Electra Protocol have no data

Celo logo
E

Consensus Mechanism

Chainspect

Celo is Rollup (Optimistic), while Electra Protocol has no data

Celo logo
Rollup (Optimistic)
E

Governance

Chainspect

Celo governance is on-chain, while Electra Protocol has no data

Celo logo
On-chain
E

Other Comparisons

About Blockchains

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.

About Electra Protocol

Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.

Blockchains Socials

Celo Socials

Electra Protocol Socials