IoTeX vs Ethereum

IoTeX vs Ethereum Scalability

Real-time TPS

Chainspect

IoTeX TPS is 85.92% lower than Ethereum TPS

IoTeX logo
2.5 tx/s
Ethereum logo
17.8 tx/s

Max TPS (100 blocks)

Chainspect

IoTeX max TPS is 13X higher than Ethereum max TPS

IoTeX logo
829.7 tx/s
Ethereum logo
62.34 tx/s

Max Theoretical TPS

Chainspect

IoTeX max theoretical TPS is 17X higher than Ethereum max theoretical TPS

IoTeX logo
2,000 tx/s
Ethereum logo
119.1 tx/s

Transaction Volume

Chainspect

IoTeX transaction volume is 85.92% lower than Ethereum transaction volume

IoTeX logo
9,015 txns
Ethereum logo
64,069 txns

Block Time

Chainspect

IoTeX block time is 79.3% shorter than Ethereum block time

IoTeX logo
2.5s
Ethereum logo
12.08s

Finality

Chainspect

IoTeX finality is 100% shorter than Ethereum finality

IoTeX logo
0s
Ethereum logo
12m 48s

Type

Chainspect

IoTeX and Ethereum are both layer 1 blockchains

IoTeX logo
Layer 1 blockchain
Ethereum logo
Layer 1 blockchain

Launch Date

Chainspect

IoTeX was launched 4 years after Ethereum

IoTeX logo
Apr 22, 2019
Ethereum logo
Jul 30, 2015

IoTeX vs Ethereum Decentralization New

Nakamoto Coefficient

Chainspect

IoTeX Nakamoto Coefficient is 4.5X higher than Ethereum Nakamoto Coefficient

IoTeX logo
9
Ethereum logo
2

Validators

Chainspect

IoTeX has 99.99% fewer validators than Ethereum

IoTeX logo
72
Ethereum logo
1,093,000

Stake

Chainspect

IoTeX stake is 4.408B IOTX, while Ethereum stake is 35.82M ETH

IoTeX logo
4.408B IOTX
Ethereum logo
35.82M ETH

Consensus Mechanism

Chainspect

IoTeX and Ethereum are both PoS

IoTeX logo
Proof of Stake (PoS)
Ethereum logo
Proof of Stake (PoS)

Governance

Chainspect

IoTeX on-chain governance is better than Ethereum off-chain governance

IoTeX logo
On-chain
Ethereum logo
Off-chain

IoTeX vs Ethereum Real-Time TPS Chart

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Other 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 Ethereum

Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.

Blockchains Socials

IoTeX Socials

Ethereum Socials