Concordium vs Taraxa

Concordium vs Taraxa Scalability

Real-time TPS

Chainspect

Concordium TPS is 99.99% lower than Taraxa TPS

Concordium logo
0.0067 tx/s
Taraxa logo
723.7 tx/s

Max TPS (100 blocks)

Chainspect

Concordium max TPS is 98.68% lower than Taraxa max TPS

Concordium logo
64.62 tx/s
Taraxa logo
4,906 tx/s

Max Theoretical TPS

Chainspect

Concordium max theoretical TPS is 96% lower than Taraxa max theoretical TPS

Concordium logo
2,000 tx/s
Taraxa logo
50,000 tx/s

Transaction Volume

Chainspect

Concordium transaction volume is 99.99% lower than Taraxa transaction volume

Concordium logo
24 txns
Taraxa logo
2,605,192 txns

Block Time

Chainspect

Concordium block time is 44.37% shorter than Taraxa block time

Concordium logo
2s
Taraxa logo
3.6s

Finality

Chainspect

Concordium finality is 100% longer than Taraxa finality

Concordium logo
2s
Taraxa logo
0s

Type

Chainspect

Concordium and Taraxa are both layer 1 blockchains

Concordium logo
Layer 1 blockchain
Taraxa logo
Layer 1 blockchain

Launch Date

Chainspect

Concordium was launched 2 years before Taraxa

Concordium logo
Jun 9, 2021
Taraxa logo
Apr 3, 2023

Concordium vs Taraxa Decentralization New

Nakamoto Coefficient

Chainspect

Concordium Nakamoto Coefficient is 46.15% lower than Taraxa Nakamoto Coefficient

Concordium logo
7
Taraxa logo
13

Validators

Chainspect

Concordium has 3.44% fewer validators than Taraxa

Concordium logo
84
Taraxa logo
87

Stake

Chainspect

Concordium stake is 7.6X higher than Taraxa stake

Concordium logo
$42.74M
Taraxa logo
$5.626M

Consensus Mechanism

Chainspect

Concordium and Taraxa are both PoS

Concordium logo
Proof of Stake (PoS)
Taraxa logo
Proof of Stake (PoS)

Governance

Chainspect

Concordium and Taraxa governance are both council

Concordium logo
Council
Taraxa logo
Council

Concordium vs Taraxa Real-Time TPS Chart

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Other 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 Taraxa

Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.

Blockchains Socials

Concordium Socials

Taraxa Socials