Phala Network vs BNB Chain Scalability
Real-time TPS
Phala Network has no data, while BNB Chain TPS is 132.3 tx/s
Max TPS (100 blocks)
Phala Network has no data, while BNB Chain max TPS is 2,181 tx/s
Max Theoretical TPS
Phala Network has no data, while BNB Chain max theoretical TPS is 2,222 tx/s
Transaction Volume
Phala Network has no data, while BNB Chain transaction volume is 476,402 txns
Block Time
Phala Network has no data, while BNB Chain block time is 0.75s
Finality
Phala Network has no data, while BNB Chain finality is 2s
Type
Phala Network has no data, while BNB Chain is a layer 1 blockchain
Launch Date
Phala Network has no data, while BNB Chain was launched on Sep 1, 2020
Phala Network vs BNB Chain Decentralization New
Nakamoto Coefficient
Phala Network has no data, while BNB Chain Nakamoto Coefficient is 7
Validators/Miners
Phala Network has no data, while BNB Chain has 45 validators
Stake/Hashrate
Phala Network has no data, while BNB Chain stake is $24.67B
Consensus Mechanism
Phala Network has no data, while BNB Chain is Proof of Staked Authority
Governance
Phala Network has no data, while BNB Chain governance is on-chain
Other Comparisons
Phala Network Comparisons
About Blockchains
About Phala Network
Phala Network tackles the issue of trust in the computation cloud.
About BNB Chain
The BNB Chain, formerly known as Binance Smart Chain (BSC), is a blockchain platform introduced by the cryptocurrency exchange Binance. Its native token, BNB, serves various roles within the ecosystem. BNB acts as the network's transaction fuel, similar to gas on Ethereum, and grants users governance rights to participate in on-chain decision-making. In September 2020, Binance introduced the BNB Smart Chain alongside the BNB Beacon Chain, extending BNB's functionality. The BNB Smart Chain supports smart contracts and staking, offering an Ethereum Virtual Machine (EVM)-compatible infrastructure. This dual-chain design aims to provide a high-performance, cost-effective environment for the blockchain community, ensuring compatibility with existing Ethereum tools and dApps while improving scalability and user experience.