Electra Protocol vs Taraxa

Electra Protocol vs Taraxa Scalability

Real-time TPS

Chainspect

Electra Protocol has no data, while Taraxa TPS is 723.7 tx/s

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723.7 tx/s

Max TPS (100 blocks)

Chainspect

Electra Protocol has no data, while Taraxa max TPS is 4,906 tx/s

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4,906 tx/s

Max Theoretical TPS

Chainspect

Electra Protocol has no data, while Taraxa max theoretical TPS is 50,000 tx/s

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50,000 tx/s

Transaction Volume

Chainspect

Electra Protocol has no data, while Taraxa transaction volume is 2,605,192 txns

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2,605,192 txns

Block Time

Chainspect

Electra Protocol has no data, while Taraxa block time is 3.6s

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3.6s

Finality

Chainspect

Electra Protocol has no data, while Taraxa finality is 0s

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0s

Type

Chainspect

Electra Protocol has no data, while Taraxa is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

Electra Protocol has no data, while Taraxa was launched on Apr 3, 2023

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Apr 3, 2023

Electra Protocol vs Taraxa Decentralization New

Nakamoto Coefficient

Chainspect

Electra Protocol has no data, while Taraxa Nakamoto Coefficient is 13

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13

Validators/Miners

Chainspect

Electra Protocol has no data, while Taraxa has 87 validators

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87

Stake/Hashrate

Chainspect

Electra Protocol has no data, while Taraxa stake is $5.626M

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$5.626M

Consensus Mechanism

Chainspect

Electra Protocol has no data, while Taraxa is PoS

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Proof of Stake (PoS)

Governance

Chainspect

Electra Protocol has no data, while Taraxa governance is council

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Council

Other Comparisons

About Blockchains

About Electra Protocol

Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.

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

Electra Protocol Socials

Taraxa Socials