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- IoTeX vs Cronos
IoTeX vs Cronos Scalability
Real-time TPS
IoTeX TPS is 20.97% lower than Cronos TPS
Max TPS (100 blocks)
IoTeX max TPS is 5.86X higher than Cronos max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 62.89% lower than Cronos max theoretical TPS
Transaction Volume
IoTeX transaction volume is 20.96% lower than Cronos transaction volume
Block Time
IoTeX block time is 4.69X longer than Cronos block time
Finality
IoTeX finality is the same as Cronos finality
Type
IoTeX and Cronos are both layer 1 blockchains
Launch Date
IoTeX was launched 3 years before Cronos
IoTeX vs Cronos Decentralization New
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 2.25X higher than Cronos Nakamoto Coefficient
Validators
IoTeX has 28% fewer validators than Cronos
Stake
IoTeX stake is 92.49% lower than Cronos stake
Consensus Mechanism
IoTeX and Cronos are both PoS
Governance
IoTeX and Cronos governance are both on-chain
IoTeX vs Cronos Real-Time TPS Chart
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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 Cronos
Cronos emerges as an interoperable blockchain, streamlining the migration of applications and crypto assets from various chains while prioritizing low transaction costs, rapid throughput, and fast finalization times. It operates as an Ethereum Virtual Machine (EVM)-compatible chain, augmented with support for Inter-Blockchain Communications (IBC) networks based on the Cosmos SDK. This integration empowers developers to create and launch dApps atop the EVM infrastructure.