Compare IoTeX vs Polkadot
Open in ChatGPTIoTeX vs Polkadot Scalability
Real-time TPS (1H)
IoTeX TPS is 5.94X higher than Polkadot TPS
Data from Chainspect
Max TPS (100 blocks)
IoTeX max TPS is 1.79X higher than Polkadot max TPS
Data from Chainspect
Max Theoretical TPS
IoTeX max theoretical TPS is 2X higher than Polkadot max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
IoTeX transaction volume is 5.94X higher than Polkadot transaction volume
Data from Chainspect
Block Time (1H)
IoTeX block time is 58.4% shorter than Polkadot block time
Data from Chainspect
Finality
IoTeX finality is 100% shorter than Polkadot finality
Data from Chainspect
Type
IoTeX and Polkadot are both layer 1 blockchains
Data from Chainspect
Total Transactions (All time)
IoTeX has 9.2X more total transactions than Polkadot
Data from Chainspect
Launch Date
IoTeX was launched 1 year before Polkadot
Data from Chainspect
IoTeX vs Polkadot Decentralization
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 94.94% lower than Polkadot Nakamoto Coefficient
Data from Chainspect
Validators
IoTeX has 88% fewer validators than Polkadot
Data from Chainspect
Stake
IoTeX stake is 98.09% lower than Polkadot stake
Data from Chainspect
Consensus Mechanism
IoTeX is PoS, while Polkadot is Nominated Proof of Stake
Data from Chainspect
Governance
IoTeX and Polkadot governance are both on-chain
Data from Chainspect
IoTeX vs Polkadot Developer Activity
Developers
IoTeX has 95.76% fewer developers than Polkadot
Data from Chainspect
Commits
IoTeX has 96.96% fewer commits than Polkadot
Data from Chainspect
Repos
IoTeX has 73.06% fewer repos than Polkadot
Data from Chainspect
Stars
IoTeX has 92.43% fewer stars than Polkadot
Data from Chainspect
Watchers
IoTeX has 83.81% fewer watchers than Polkadot
Data from Chainspect
IoTeX vs Polkadot Financials New
Chain Revenue
IoTeX chain revenue is 265X higher than Polkadot chain revenue
Data from Chainspect
Average Transaction Fee
IoTeX average transaction fee is 2.27X higher than Polkadot average transaction fee
Data from Chainspect
Market Cap
IoTeX market cap is 97.88% lower than Polkadot market cap
Data from Chainspect
FDV
IoTeX FDV is 98.21% lower than Polkadot FDV
Data from Chainspect
Market Cap / FDV
IoTeX Market Cap to FDV ratio is 1.18X higher than Polkadot Market Cap to FDV ratio
Data from Chainspect
Price
IoTeX price is 99.62% lower than Polkadot price
Data from Chainspect
IoTeX vs Polkadot 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 Polkadot
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.