Real-Time TPS
IoTeX TPS is 98.32% less than Ethereum TPS
Max Recorded TPS
IoTeX max TPS is 13X more than Ethereum max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 8.4X more than Ethereum max theoretical TPS
Block Time
IoTeX block time is 58.74% less than Ethereum block time
Finality
IoTeX finality is 100% less than Ethereum finality
Type
IoTeX and Ethereum are both layer 1 blockchains
Governance Model
IoTeX on-chain governance is better than Ethereum off-chain governance
Launch Date
IoTeX was launched 4 years after Ethereum
Other Comparisons
IoTeX Comparisons
About Blockchains
What is 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.
What is 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.