Real-time TPS
BNB Chain TPS is 15X more than IoTeX TPS
Max Recorded TPS
BNB Chain max TPS is 2.09X more than IoTeX max TPS
Max Theoretical TPS
BNB Chain max theoretical TPS is 2.22X more than IoTeX max theoretical TPS
Block Time
BNB Chain block time is 40.08% less than IoTeX block time
Finality
BNB Chain finality is 100% more than IoTeX finality
Type
BNB Chain and IoTeX are both layer 1 blockchains
Governance
The governance types of BNB Chain and IoTeX are both on-chain
Launch Date
BNB Chain was launched 1 year after IoTeX
Other Comparisons
BNB Chain Comparisons
About Blockchains
About Blockchains
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.
About Blockchains
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.