Celo vs Matrix Scalability
Real-time TPS
Celo TPS is 8.28 tx/s, while Matrix has no data
Max TPS (100 blocks)
Celo max TPS is 268.1 tx/s, while Matrix has no data
Max Theoretical TPS
Celo max theoretical TPS is 476.2 tx/s, while Matrix has no data
Transaction Volume
Celo transaction volume is 29,820 txns, while Matrix has no data
Block Time
Celo block time is 1s, while Matrix has no data
Finality
Celo finality is 24m 48s, while Matrix has no data
Type
Celo is a layer 2 blockchain, while Matrix has no data
Launch Date
Celo was launched on Apr 22, 2020, while the Matrix has no data
Celo vs Matrix Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 1, while Matrix has no data
Validators/Miners
Celo has 1 validators, while Matrix has no data
Stake/Hashrate
Celo and Matrix have no data
Consensus Mechanism
Celo is Rollup (Optimistic), while Matrix has no data
Governance
Celo governance is on-chain, while Matrix has no data
Other Comparisons
Celo 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 Matrix
The Matrix 1.0 blockchain platform is the first AI-optimised blockchain platform. Low transaction speeds, lack of security, the complexity of usage, and squandered resources are four key concerns in blockchain that Matrix addresses with AI technology. They built a public blockchain platform that is both functional and dependable.