Compare Concordium vs Celo
Open in ChatGPTConcordium vs Celo Scalability
Real-time TPS (1H)
Concordium TPS is 99.54% lower than Celo TPS
Data from Chainspect
Max TPS (100 blocks)
Concordium max TPS is 75.9% lower than Celo max TPS
Data from Chainspect
Max Theoretical TPS
Concordium max theoretical TPS is 4.2X higher than Celo max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Concordium transaction volume is 99.54% lower than Celo transaction volume
Data from Chainspect
Block Time (1H)
Concordium block time is 2.01X longer than Celo block time
Data from Chainspect
Finality
Concordium finality is 99.86% shorter than Celo finality
Data from Chainspect
Type
Concordium is a layer 1 blockchain, while Celo is a layer 2 blockchain
Data from Chainspect
Total Transactions
Concordium has 83.43% fewer total transactions than Celo
Data from Chainspect
Launch Date
Concordium was launched 1 year after Celo
Data from Chainspect
Concordium vs Celo Decentralization
Nakamoto Coefficient
Concordium Nakamoto Coefficient is 7X higher than Celo Nakamoto Coefficient
Data from Chainspect
Validators
Concordium has 82X more validators than Celo
Data from Chainspect
Stake
Concordium stake is $142.6M, while Celo has no data
Data from Chainspect
Consensus Mechanism
Concordium is PoS, while Celo is Rollup (Optimistic)
Data from Chainspect
Governance
Concordium council governance is worse than Celo on-chain governance
Data from Chainspect
Concordium vs Celo Developer Activity
Developers
Concordium has 87.95% fewer developers than Celo
Data from Chainspect
Repos
Concordium has 62.92% fewer repos than Celo
Data from Chainspect
Commits
Concordium has 18.24% fewer commits than Celo
Data from Chainspect
Stars
Concordium has 65.98% fewer stars than Celo
Data from Chainspect
Watchers
Concordium has 82.7% fewer watchers than Celo
Data from Chainspect
Concordium vs Celo Financials New
Chain Revenue
Concordium chain revenue is 77.13% lower than Celo chain revenue
Data from Chainspect
Average Transaction Fee
Concordium average transaction fee is 55X higher than Celo average transaction fee
Data from Chainspect
Price
Concordium price is 90.18% lower than Celo price
Data from Chainspect
Market Cap
Concordium market cap is 1.96X higher than Celo market cap
Data from Chainspect
Concordium vs Celo Real-Time TPS Chart
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Other Comparisons
Concordium Comparisons
About Blockchains
About Concordium
Concordium is a public Layer 1 blockchain platform designed for security, privacy, and scalability. Concordium was among the first to mandate identity verification at the blockchain consensus level while integrating zero-knowledge proofs (ZKPs) for selective disclosure. Launched on Mainnet in 2021, it embeds encrypted identity into every transaction at the protocol level, enabling accountability while preserving user confidentiality.
Its native cryptocurrency, CCD, powers the ecosystem, facilitating transaction fees, staking, voting, node operator rewards, and serving as collateral in Concordium's DeFi landscape.
The newly appointed CEO and Executive Management team have revealed a focused strategic direction to double down on PayFi, enabling stablecoin issuers, financial institutions, and payment providers to accelerate real-world adoption. With stablecoin settlement volumes projected to reach $300 billion per day by 2025, Concordium delivers an enterprise-ready blockchain infrastructure uniquely suited for secure, programmable money solutions, as well as compliance as required by new regulatory frameworks.
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.