NEAR vs IoTeX

NEAR vs IoTeX Scalability

Real-time TPS

Chainspect

NEAR TPS is 21X higher than IoTeX TPS

NEAR logo
34.17 tx/s
IoTeX logo
1.62 tx/s

Max TPS (100 blocks)

Chainspect

NEAR max TPS is 4.98X higher than IoTeX max TPS

NEAR logo
4,135 tx/s
IoTeX logo
829.7 tx/s

Max Theoretical TPS

Chainspect

NEAR max theoretical TPS is 8X higher than IoTeX max theoretical TPS

NEAR logo
16,000 tx/s
IoTeX logo
2,000 tx/s

Transaction Volume

Chainspect

NEAR transaction volume is 21X higher than IoTeX transaction volume

NEAR logo
123,016 txns
IoTeX logo
5,823 txns

Block Time

Chainspect

NEAR block time is 76.08% shorter than IoTeX block time

NEAR logo
0.6s
IoTeX logo
2.5s

Finality

Chainspect

NEAR finality is 100% longer than IoTeX finality

NEAR logo
0.6s
IoTeX logo
0s

Type

Chainspect

NEAR and IoTeX are both layer 1 blockchains

NEAR logo
Layer 1 blockchain
IoTeX logo
Layer 1 blockchain

Launch Date

Chainspect

NEAR was launched 1 year after IoTeX

NEAR logo
Apr 22, 2020
IoTeX logo
Apr 22, 2019

NEAR vs IoTeX Decentralization New

Nakamoto Coefficient

Chainspect

NEAR Nakamoto Coefficient is 1.11X higher than IoTeX Nakamoto Coefficient

NEAR logo
10
IoTeX logo
9

Validators

Chainspect

NEAR has 4.44X more validators than IoTeX

NEAR logo
320
IoTeX logo
72

Stake

Chainspect

NEAR stake is 11X higher than IoTeX stake

NEAR logo
$1.419B
IoTeX logo
$123.8M

Consensus Mechanism

Chainspect

NEAR and IoTeX are both PoS

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

Governance

Chainspect

NEAR council governance is worse than IoTeX on-chain governance

NEAR logo
Council
IoTeX logo
On-chain

NEAR vs IoTeX Real-Time TPS Chart

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Other Comparisons

About Blockchains

About NEAR

NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all 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.

Blockchains Socials

NEAR Socials

IoTeX Socials