Celo vs Taraxa Scalability
Real-time TPS
Celo TPS is 95.75% lower than Taraxa TPS
Max TPS (100 blocks)
Celo max TPS is 94.53% lower than Taraxa max TPS
Max Theoretical TPS
Celo max theoretical TPS is 99.04% lower than Taraxa max theoretical TPS
Transaction Volume
Celo transaction volume is 95.75% lower than Taraxa transaction volume
Block Time
Celo block time is 72.24% shorter than Taraxa block time
Finality
Celo finality is 100% longer than Taraxa finality
Type
Celo is a layer 2 blockchain, while Taraxa is a layer 1 blockchain
Launch Date
Celo was launched 3 years before Taraxa
Celo vs Taraxa Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 92.3% lower than Taraxa Nakamoto Coefficient
Validators
Celo has 98.85% fewer validators than Taraxa
Stake
Celo has no data, while Taraxa stake is $5.626M
Consensus Mechanism
Celo is Rollup (Optimistic), while Taraxa is PoS
Governance
Celo on-chain governance is better than Taraxa council governance
Celo vs Taraxa 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 Taraxa
Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.