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- IoTeX vs ICP
IoTeX vs ICP Scalability
Real-time TPS
IoTeX TPS is 99.87% lower than ICP TPS
Max TPS (100 blocks)
IoTeX max TPS is 96.76% lower than ICP max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 99.04% lower than ICP max theoretical TPS
Transaction Volume
IoTeX transaction volume is 99.87% lower than ICP transaction volume
Block Time
IoTeX block time is 5.21X longer than ICP block time
Finality
IoTeX finality is the same as ICP finality
Type
IoTeX and ICP are both layer 1 blockchains
Launch Date
IoTeX was launched 2 years before ICP
IoTeX vs ICP Decentralization New
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 97.83% lower than ICP Nakamoto Coefficient
Validators
IoTeX has 95.02% fewer validators than ICP
Stake
IoTeX stake is 89.51% lower than ICP stake
Consensus Mechanism
IoTeX is PoS, while ICP is Proof of Useful Work
Governance
IoTeX and ICP governance are both on-chain
IoTeX vs ICP 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 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.