IoTeX vs ICP

IoTeX vs ICP Scalability

Real-time TPS

Chainspect

IoTeX TPS is 99.87% lower than ICP TPS

IoTeX logo
1.4 tx/s
ICP logo
1,106 tx/s

Max TPS (100 blocks)

Chainspect

IoTeX max TPS is 96.76% lower than ICP max TPS

IoTeX logo
829.7 tx/s
ICP logo
25,621 tx/s

Max Theoretical TPS

Chainspect

IoTeX max theoretical TPS is 99.04% lower than ICP max theoretical TPS

IoTeX logo
2,000 tx/s
ICP logo
209,708 tx/s

Transaction Volume

Chainspect

IoTeX transaction volume is 99.87% lower than ICP transaction volume

IoTeX logo
5,039 txns
ICP logo
3,982,706 txns

Block Time

Chainspect

IoTeX block time is 5.21X longer than ICP block time

IoTeX logo
2.5s
ICP logo
0.48s

Finality

Chainspect

IoTeX finality is the same as ICP finality

IoTeX logo
0s
ICP logo
0s

Type

Chainspect

IoTeX and ICP are both layer 1 blockchains

IoTeX logo
Layer 1 blockchain
ICP logo
Layer 1 blockchain

Launch Date

Chainspect

IoTeX was launched 2 years before ICP

IoTeX logo
Apr 22, 2019
ICP logo
May 10, 2021

IoTeX vs ICP Decentralization New

Nakamoto Coefficient

Chainspect

IoTeX Nakamoto Coefficient is 97.83% lower than ICP Nakamoto Coefficient

IoTeX logo
9
ICP logo
415

Validators

Chainspect

IoTeX has 95.02% fewer validators than ICP

IoTeX logo
72
ICP logo
1,448

Stake

Chainspect

IoTeX stake is 89.51% lower than ICP stake

IoTeX logo
$123.8M
ICP logo
$1.181B

Consensus Mechanism

Chainspect

IoTeX is PoS, while ICP is Proof of Useful Work

IoTeX logo
Proof of Stake (PoS)
ICP logo
Proof of Useful Work

Governance

Chainspect

IoTeX and ICP governance are both on-chain

IoTeX logo
On-chain
ICP logo
On-chain

IoTeX vs ICP Real-Time TPS Chart

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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 ICP

The Internet Computer enables you to build anything without traditional IT and Big Tech. It hosts decentralized serverless compute that’s simpler, immune to cyber attack, unstoppable, and controllable by DAOs. Next-generation smart contracts (named Canisters) that hold both code and state enable truly Decentralized AI. Canisters use Chain Fusion technology to write transctions directly to other chains without centralized bridges, enabling secure multi-chain dapps. Build social, defi, games, e-commerce, enterprise or any kind of application or service on ICP. The internet is evolving.

Blockchains Socials

IoTeX Socials

ICP Socials