IoTeX vs Taraxa

IoTeX vs Taraxa Scalability

Real-time TPS

Chainspect

IoTeX TPS is 99.76% lower than Taraxa TPS

IoTeX logo
1.62 tx/s
Taraxa logo
702 tx/s

Max TPS (100 blocks)

Chainspect

IoTeX max TPS is 83.08% lower than Taraxa max TPS

IoTeX logo
829.7 tx/s
Taraxa logo
4,906 tx/s

Max Theoretical TPS

Chainspect

IoTeX max theoretical TPS is 96% lower than Taraxa max theoretical TPS

IoTeX logo
2,000 tx/s
Taraxa logo
50,000 tx/s

Transaction Volume

Chainspect

IoTeX transaction volume is 99.76% lower than Taraxa transaction volume

IoTeX logo
5,823 txns
Taraxa logo
2,527,225 txns

Block Time

Chainspect

IoTeX block time is 34.33% shorter than Taraxa block time

IoTeX logo
2.5s
Taraxa logo
3.81s

Finality

Chainspect

IoTeX finality is the same as Taraxa finality

IoTeX logo
0s
Taraxa logo
0s

Type

Chainspect

IoTeX and Taraxa are both layer 1 blockchains

IoTeX logo
Layer 1 blockchain
Taraxa logo
Layer 1 blockchain

Launch Date

Chainspect

IoTeX was launched 4 years before Taraxa

IoTeX logo
Apr 22, 2019
Taraxa logo
Apr 3, 2023

IoTeX vs Taraxa Decentralization New

Nakamoto Coefficient

Chainspect

IoTeX Nakamoto Coefficient is 30.76% lower than Taraxa Nakamoto Coefficient

IoTeX logo
9
Taraxa logo
13

Validators

Chainspect

IoTeX has 17.24% fewer validators than Taraxa

IoTeX logo
72
Taraxa logo
87

Stake

Chainspect

IoTeX stake is 22X higher than Taraxa stake

IoTeX logo
$123.8M
Taraxa logo
$5.626M

Consensus Mechanism

Chainspect

IoTeX and Taraxa are both PoS

IoTeX logo
Proof of Stake (PoS)
Taraxa logo
Proof of Stake (PoS)

Governance

Chainspect

IoTeX on-chain governance is better than Taraxa council governance

IoTeX logo
On-chain
Taraxa logo
Council

IoTeX vs Taraxa 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 Taraxa

Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.

Blockchains Socials

IoTeX Socials

Taraxa Socials