IoTeX vs Polkadot Ecosystem

IoTeX vs Polkadot Ecosystem Scalability

Real-time TPS

Chainspect

IoTeX TPS is 97.6% lower than Polkadot Ecosystem TPS

IoTeX logo
0.21 tx/s
Polkadot Ecosystem logo
8.83 tx/s

Max TPS (100 blocks)

Chainspect

IoTeX max TPS is 1.79X higher than Polkadot Ecosystem max TPS

IoTeX logo
829.7 tx/s
Polkadot Ecosystem logo
462.7 tx/s

Max Theoretical TPS

Chainspect

IoTeX max theoretical TPS is 98% lower than Polkadot Ecosystem max theoretical TPS

IoTeX logo
2,000 tx/s
Polkadot Ecosystem logo
100,000 tx/s

Transaction Volume

Chainspect

IoTeX transaction volume is 97.6% lower than Polkadot Ecosystem transaction volume

IoTeX logo
761 txns
Polkadot Ecosystem logo
31,793 txns

Block Time

Chainspect

IoTeX block time is 58.68% shorter than Polkadot Ecosystem block time

IoTeX logo
2.5s
Polkadot Ecosystem logo
6.05s

Finality

Chainspect

IoTeX finality is 100% shorter than Polkadot Ecosystem finality

IoTeX logo
0s
Polkadot Ecosystem logo
30s

Type

Chainspect

IoTeX is a layer 1 blockchain, while Polkadot Ecosystem is a blockchain ecosystem

IoTeX logo
Layer 1 blockchain
Polkadot Ecosystem logo
Blockchain ecosystem

Launch Date

Chainspect

IoTeX was launched 1 year before Polkadot Ecosystem

IoTeX logo
Apr 22, 2019
Polkadot Ecosystem logo
May 26, 2020

IoTeX vs Polkadot Ecosystem Decentralization New

Nakamoto Coefficient

Chainspect

IoTeX Nakamoto Coefficient is 94.94% lower than Polkadot Ecosystem Nakamoto Coefficient

IoTeX logo
9
Polkadot Ecosystem logo
178

Validators

Chainspect

IoTeX has 88% fewer validators than Polkadot Ecosystem

IoTeX logo
72
Polkadot Ecosystem logo
600

Stake

Chainspect

IoTeX stake is 4.415B IOTX, while Polkadot Ecosystem stake is 789.2M DOT

IoTeX logo
4.415B IOTX
Polkadot Ecosystem logo
789.2M DOT

Consensus Mechanism

Chainspect

IoTeX is PoS, while Polkadot Ecosystem is Nominated Proof of Stake

IoTeX logo
Proof of Stake (PoS)
Polkadot Ecosystem logo
Nominated Proof of Stake

Governance

Chainspect

IoTeX and Polkadot Ecosystem governance are both on-chain

IoTeX logo
On-chain
Polkadot Ecosystem logo
On-chain

IoTeX vs Polkadot Ecosystem Real-Time TPS Chart

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Other 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 Polkadot Ecosystem

Polkadot stands out among other blockchain projects for its focus on enhancing the foundational infrastructure of dApps. It aims to enable interoperability between blockchain ecosystems, facilitating seamless communication without intermediaries. Functioning as a "network of networks," Polkadot utilizes parachains — specialized blockchains with unique functionalities and tokens — to enable interaction between diverse blockchain architectures. Powered by the nominated proof-of-stake (PoS) consensus algorithm and drawing inspiration from the Ouroboros protocol, Polkadot offers a robust framework for building interconnected and scalable decentralized systems.

Blockchains Socials

IoTeX Socials

Polkadot Ecosystem Socials