Real-time TPS
IoTeX TPS is 92.61% less than BNB Chain TPS
Max Recorded TPS
IoTeX max TPS is 52.07% less than BNB Chain max TPS
Max Theoretical TPS
IoTeX max theoretical TPS is 54.99% less than BNB Chain max theoretical TPS
Block Time
IoTeX block time is 1.67X more than BNB Chain block time
Finality
IoTeX finality is 100% less than BNB Chain finality
Type
IoTeX and BNB Chain are both layer 1 blockchains
Governance
The governance types of IoTeX and BNB Chain are both on-chain
Launch Date
IoTeX was launched 1 year before BNB Chain
Other Comparisons
IoTeX Comparisons
BNB Chain Comparisons
About Blockchains
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.
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.