IoTeX vs NEAR Scalability
Real-time TPS
IoTeX TPS is 97.85% lower than NEAR TPS
Max TPS (100 blocks)
IoTeX max TPS is 79.93% lower than NEAR max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 87.5% lower than NEAR max theoretical TPS
Transaction Volume
IoTeX transaction volume is 97.85% lower than NEAR transaction volume
Block Time
IoTeX block time is 4.03X longer than NEAR block time
Finality
IoTeX finality is 100% shorter than NEAR finality
Type
IoTeX and NEAR are both layer 1 blockchains
Launch Date
IoTeX was launched 1 year before NEAR
IoTeX vs NEAR Decentralization New
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 9.99% lower than NEAR Nakamoto Coefficient
Validators
IoTeX has 77.5% fewer validators than NEAR
Stake
IoTeX stake is 91.27% lower than NEAR stake
Consensus Mechanism
IoTeX and NEAR are both PoS
Governance
IoTeX on-chain governance is better than NEAR council governance
IoTeX vs NEAR 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 NEAR
NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains.