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- Celo vs Ethereum
Celo vs Ethereum Scalability
Real-time TPS
Celo TPS is 1.48X higher than Ethereum TPS
Max TPS (100 blocks)
Celo max TPS is 4.3X higher than Ethereum max TPS
Max Theoretical TPS
Celo max theoretical TPS is 4X higher than Ethereum max theoretical TPS
Transaction Volume
Celo transaction volume is 1.48X higher than Ethereum transaction volume
Block Time
Celo block time is 91.72% shorter than Ethereum block time
Finality
Celo finality is 1.94X longer than Ethereum finality
Type
Celo is a layer 2 blockchain, while Ethereum is a layer 1 blockchain
Launch Date
Celo was launched 5 years after Ethereum
Celo vs Ethereum Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 50% lower than Ethereum Nakamoto Coefficient
Validators
Celo has 99.99% fewer validators than Ethereum
Stake
Celo has no data, while Ethereum stake is 35.82M ETH
Consensus Mechanism
Celo is Rollup (Optimistic), while Ethereum is PoS
Governance
Celo on-chain governance is better than Ethereum off-chain governance
Celo vs Ethereum Real-Time TPS Chart
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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 Ethereum
Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.