ICP vs Electra Protocol

ICP vs Electra Protocol Scalability

Real-time TPS

Chainspect

ICP TPS is 1,218 tx/s, while Electra Protocol has no data

ICP logo
1,218 tx/s

Max TPS (100 blocks)

Chainspect

ICP max TPS is 25,621 tx/s, while Electra Protocol has no data

ICP logo
25,621 tx/s

Max Theoretical TPS

Chainspect

ICP max theoretical TPS is 209,708 tx/s, while Electra Protocol has no data

ICP logo
209,708 tx/s

Transaction Volume

Chainspect

ICP transaction volume is 4,386,018 txns, while Electra Protocol has no data

ICP logo
4,386,018 txns

Block Time

Chainspect

ICP block time is 0.48s, while Electra Protocol has no data

ICP logo
0.48s

Finality

Chainspect

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

ICP logo
0s

Type

Chainspect

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

ICP logo
Layer 1 blockchain

Launch Date

Chainspect

ICP was launched on May 10, 2021, while the Electra Protocol has no data

ICP logo
May 10, 2021

ICP vs Electra Protocol Decentralization New

Nakamoto Coefficient

Chainspect

ICP Nakamoto Coefficient is 350, while Electra Protocol has no data

ICP logo
350

Validators/Miners

Chainspect

ICP has 1,448 validators, while Electra Protocol has no data

ICP logo
1,448

Stake/Hashrate

Chainspect

ICP stake is 232.6M ICP, while Electra Protocol has no data

ICP logo
232.6M ICP

Consensus Mechanism

Chainspect

ICP is Proof of Useful Work, while Electra Protocol has no data

ICP logo
Proof of Useful Work

Governance

Chainspect

ICP governance is on-chain, while Electra Protocol has no data

ICP logo
On-chain

Other Comparisons

About Blockchains

About ICP

The Internet Computer enables you to build anything without traditional IT and Big Tech. It hosts decentralized serverless compute that’s simpler, immune to cyber attack, unstoppable, and controllable by DAOs. Next-generation smart contracts (named Canisters) that hold both code and state enable truly Decentralized AI. Canisters use Chain Fusion technology to write transctions directly to other chains without centralized bridges, enabling secure multi-chain dapps. Build social, defi, games, e-commerce, enterprise or any kind of application or service on ICP. The internet is evolving.

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.

Blockchains Socials

ICP Socials

Electra Protocol Socials