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- IoTeX vs Gnosis Chain
IoTeX vs Gnosis Chain Scalability
Real-time TPS
IoTeX TPS is 47.65% lower than Gnosis Chain TPS
Max TPS (100 blocks)
IoTeX max TPS is 10X higher than Gnosis Chain max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 12X higher than Gnosis Chain max theoretical TPS
Transaction Volume
IoTeX transaction volume is 47.65% lower than Gnosis Chain transaction volume
Block Time
IoTeX block time is 51.8% shorter than Gnosis Chain block time
Finality
IoTeX finality is 100% shorter than Gnosis Chain finality
Type
IoTeX is a layer 1 blockchain, while Gnosis Chain is a sidechain
Launch Date
IoTeX was launched 7 months after Gnosis Chain
IoTeX vs Gnosis Chain Decentralization New
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 9, while Gnosis Chain has no data
Validators
IoTeX has 99.97% fewer validators than Gnosis Chain
Stake
IoTeX stake is 2.58X higher than Gnosis Chain stake
Consensus Mechanism
IoTeX and Gnosis Chain are both PoS
Governance
IoTeX on-chain governance is better than Gnosis Chain multisig governance
IoTeX vs Gnosis Chain 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 Gnosis Chain
Gnosis Chain operates as an execution-layer Ethereum Virtual Machine (EVM) chain, utilizing the xDAI stablecoin for transactions and fee payments. Its security is ensured by the Gnosis Beacon Chain (GBC), which employs a Proof-of-Stake consensus mechanism akin to Cardano and Solana. Users stake GNO tokens to participate in transaction validation, earning additional GNO rewards for contributing to network security.