Concordium vs Terra
Real-time TPS
Concordium TPS is 0.04 tx/s, while Terra TPS is coming soon
Max Recorded TPS
Concordium max TPS is 64.62 tx/s, while Terra max TPS is coming soon
Max Theoretical TPS
Concordium max theoretical TPS is 2,000 tx/s, while Terra max theoretical TPS is coming soon
Block Time
Concordium block time is 2.18s, while Terra block time is coming soon
Finality
Concordium finality is 4s, while Terra finality is coming soon
Type
Concordium is a layer 1 blockchain, while Terra type is unknown
Governance
Concordium governance is council, while Terra governance is coming soon
Launch Date
Concordium was launched on Jun 9, 2021, while the Terra launch date is unknown
Other Comparisons
Concordium Comparisons
Terra Comparisons
About Blockchains
About Concordium
Concordium is a science-based proof-of-stake blockchain, the first in the world with identification built into the protocol and designed to meet regulatory requirements. Concordium CCD is a standard blockchain asset with customizable options, directly in Layer-1. Concordium supports secure transfers and immediate transaction settlement for multiparty transactions built in Layer-1. Concordium Smart Contracts in Layer-1 are stateless smart contracts with numerous possibilities for governed operations. These capabilities can be applied to different sectors and industries, such as IoT, Supply Chain Finance, and Mobility-as-a-service, as well as tackling interoperability between other platforms and blockchains.
About Terra
Fueled by a passionate community and deep developer talent pool, the Terra blockchain is built to enable the next generation of Web3 products and services.