Concordium vs Somnia Testnet Scalability
Real-time TPS
Concordium TPS is 99.92% lower than Somnia Testnet TPS
Max TPS (100 blocks)
Concordium max TPS is 99.89% lower than Somnia Testnet max TPS
Max Theoretical TPS
Concordium max theoretical TPS is 99.8% lower than Somnia Testnet max theoretical TPS
Transaction Volume
Concordium transaction volume is 99.92% lower than Somnia Testnet transaction volume
Block Time
Concordium block time is 20X longer than Somnia Testnet block time
Finality
Concordium finality is 100% longer than Somnia Testnet finality
Type
Concordium and Somnia Testnet are both layer 1 blockchains
Launch Date
Concordium was launched 4 years before Somnia Testnet
Concordium vs Somnia Testnet Decentralization New
Nakamoto Coefficient
Concordium Nakamoto Coefficient is 7, while Somnia Testnet has no data
Validators
Concordium has 84 validators, while Somnia Testnet has no data
Stake
Concordium stake is $42.74M, while Somnia Testnet has no data
Consensus Mechanism
Concordium and Somnia Testnet are both PoS
Governance
Concordium and Somnia Testnet governance are both council
Concordium vs Somnia Testnet 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 Somnia Testnet
Somnia Testnet (Shannon) is the fastest and most efficient EVM Layer 1 blockchain ever, capable of processing over 1M+ transactions per second with sub-second finality. It is suitable for serving millions of users and building real-time mass-consumer applications like gaming, social applications, metaverses, NFTs, and more, all fully on-chain.