IoTeX vs Celo Scalability
Real-time TPS
IoTeX TPS is 90.23% lower than Celo TPS
Max TPS (100 blocks)
IoTeX max TPS is 3.09X higher than Celo max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 4.2X higher than Celo max theoretical TPS
Transaction Volume
IoTeX transaction volume is 90.23% lower than Celo transaction volume
Block Time
IoTeX block time is 2.5X longer than Celo block time
Finality
IoTeX finality is 100% shorter than Celo finality
Type
IoTeX is a layer 1 blockchain, while Celo is a layer 2 blockchain
Launch Date
IoTeX was launched 1 year before Celo
IoTeX vs Celo Decentralization New
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 9X higher than Celo Nakamoto Coefficient
Validators
IoTeX has 72X more validators than Celo
Stake
IoTeX stake is $123.8M, while Celo has no data
Consensus Mechanism
IoTeX is PoS, while Celo is Rollup (Optimistic)
Governance
IoTeX and Celo governance are both on-chain
IoTeX vs Celo Real-Time TPS Chart
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Other Comparisons
IoTeX Comparisons
About Blockchains
About IoTeX
IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.
About Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.