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- Electroneum vs Phala Network
Electroneum vs Phala Network Scalability
Real-time TPS
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Max TPS (100 blocks)
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Max Theoretical TPS
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Transaction Volume
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Block Time
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Finality
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Type
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Launch Date
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Electroneum vs Phala Network Decentralization New
Nakamoto Coefficient
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Miners
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Hashrate
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Consensus Mechanism
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Governance
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Other Comparisons
Electroneum Comparisons
About Blockchains
About Electroneum
Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality and potentially the lowest smart contract fees available. Powered by the IBFT consensus mechanism and supported by known validators (targeting universities and Web3 infrastructure companies), the network is incredibly fast, secure and energy efficient.
About Phala Network
Phala Network tackles the issue of trust in the computation cloud.