Phala Network vs MultiversX

Phala Network vs MultiversX Scalability

Real-time TPS

Chainspect

Phala Network has no data, while MultiversX TPS is 2.22 tx/s

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2.22 tx/s

Max TPS (100 blocks)

Chainspect

Phala Network has no data, while MultiversX max TPS is 491.2 tx/s

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491.2 tx/s

Max Theoretical TPS

Chainspect

Phala Network has no data, while MultiversX max theoretical TPS is 30,000 tx/s

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30,000 tx/s

Transaction Volume

Chainspect

Phala Network has no data, while MultiversX transaction volume is 7,980 txns

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7,980 txns

Block Time

Chainspect

Phala Network has no data, while MultiversX block time is 6s

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6s

Finality

Chainspect

Phala Network has no data, while MultiversX finality is 0s

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0s

Type

Chainspect

Phala Network has no data, while MultiversX is a layer 1 blockchain

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Layer 1 blockchain

Launch Date

Chainspect

Phala Network has no data, while MultiversX was launched on Jul 30, 2020

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Jul 30, 2020

Phala Network vs MultiversX Decentralization New

Nakamoto Coefficient

Chainspect

Phala Network has no data, while MultiversX Nakamoto Coefficient is 10

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10

Validators/Miners

Chainspect

Phala Network has no data, while MultiversX has 3,200 validators

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3,200

Stake/Hashrate

Chainspect

Phala Network has no data, while MultiversX stake is $203.2M

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$203.2M

Consensus Mechanism

Chainspect

Phala Network has no data, while MultiversX is PoS

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Proof of Stake (PoS)

Governance

Chainspect

Phala Network has no data, while MultiversX governance is on-chain

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On-chain

Other Comparisons

About Blockchains

About Phala Network

Phala Network tackles the issue of trust in the computation cloud.

About MultiversX

MultiversX is a distributed blockchain network for next-gen applications. Decentralized via 3,000+ nodes, scalable through sharding, fast, secure & green.

Blockchains Socials

Phala Network Socials

MultiversX Socials