Trac Network vs Ethereum
Trac Network vs Ethereum Scalability
Real-time TPS
Trac Network has no data, while Ethereum TPS is 16.85 tx/s
Max TPS (100 blocks)
Trac Network has no data, while Ethereum max TPS is 62.34 tx/s
Max Theoretical TPS
Trac Network has no data, while Ethereum max theoretical TPS is 119.1 tx/s
Transaction Volume
Trac Network has no data, while Ethereum transaction volume is 60,671 txns
Block Time
Trac Network has no data, while Ethereum block time is 12.12s
Finality
Trac Network has no data, while Ethereum finality is 12m 48s
Type
Trac Network has no data, while Ethereum is a layer 1 blockchain
Launch Date
Trac Network has no data, while Ethereum was launched on Jul 30, 2015
Trac Network vs Ethereum Decentralization New
Nakamoto Coefficient
Trac Network has no data, while Ethereum Nakamoto Coefficient is 2
Validators/Miners
Trac Network has no data, while Ethereum has 1,082,000 validators
Stake/Hashrate
Trac Network has no data, while Ethereum stake is $151.8B
Consensus Mechanism
Trac Network has no data, while Ethereum is PoS
Governance
Trac Network has no data, while Ethereum governance is off-chain
Other Comparisons
Trac Network Comparisons
About Blockchains
About Trac Network
Trac Network — unlike traditional blockchains — does not utilize blocks to process transactions. Instead it operates in favor of a constant stream of transactions that are peer-to-peer-validated and settled on decentralized ledgers. The topology of Trac Network allows for near-instant transaction settlement and a better user-experience. Trac Network uses DAGs as well as distributed clocks to maintain linearized and causal order of network messages.
About Ethereum
Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.