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- Celo vs Hedera
Celo vs Hedera Scalability
Real-time TPS
Celo TPS is 5.03X higher than Hedera TPS
Max TPS (100 blocks)
Celo max TPS is 91.88% lower than Hedera max TPS
Max Theoretical TPS
Celo max theoretical TPS is 95.23% lower than Hedera max theoretical TPS
Transaction Volume
Celo transaction volume is 5.03X higher than Hedera transaction volume
Block Time
Celo block time is 50.08% shorter than Hedera block time
Finality
Celo finality is 100% longer than Hedera finality
Type
Celo is a layer 2 blockchain, while Hedera is a layer 1 blockchain
Launch Date
Celo was launched 7 months after Hedera
Celo vs Hedera Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 83.33% lower than Hedera Nakamoto Coefficient
Validators
Celo has 96.77% fewer validators than Hedera
Stake
Celo has no data, while Hedera stake is $3.439B
Consensus Mechanism
Celo is Rollup (Optimistic), while Hedera is PoS
Governance
Celo on-chain governance is better than Hedera council governance
Celo vs Hedera 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 Hedera
Hedera operates as a public network employing the hashgraph consensus algorithm for rapid and secure transaction validation. Governed by a council of esteemed organizations, Hedera ensures consistent progress and decentralization. Distinguished by its high throughput, security, and fair transaction ordering, Hedera strives to establish a trust layer for the internet.