Polygon
Polygon Scalability
Real-time TPS
38.01 tx/s
25.70%Max TPS (100 blocks)
429.1 tx/s
Max Theor. TPS
714.3 tx/s
Transaction Volume
136,837 txns
Block Time
2.13s
Finality
5s
Type
Sidechain
Launch Date
May 30, 2020
Polygon Decentralization
Nakamoto Coefficient
5
Validators
104
Stake
$918.7M
0.13%Consensus Mechanism
PoS
Governance
Off-chain
Polygon Developer Activity New
Developers
1,652
Repos
147
0.68%Commits
61,311
0.08%Stars
9,081
0.13%Watchers
1,767
1.72%Polygon Real-Time TPS Chart
Loading Data
Compare Polygon with Other Blockchains
About Polygon
Polygon, formerly Matic Network, is a blockchain platform designed to establish a multi-chain system compatible with Ethereum. It employs a proof-of-stake consensus mechanism similar to Ethereum for on-chain transactions, with its native token being POL. Functioning as a "layer two" or "sidechain" scaling solution alongside Ethereum, Polygon facilitates quicker transactions and lower fees. Its inception aimed to tackle Ethereum's major challenges, including high fees, subpar user experience, and limited transaction throughput, aspiring to create an "Ethereum's internet of blockchains" or a multi-chain ecosystem of Ethereum-compatible blockchains.
Token symbol:
POL
Scalability Metrics:
Polygon TPS is 38.01 transactions per second
Polygon Max TPS is 429.1 transactions per second
Polygon Max Theoretical TPS is 714.3 transactions per second
Polygon transaction volume is 136,837 transactions
Polygon block time is 2.13s
Polygon finality is 5s
Polygon is a sidechain
Polygon was launched on May 30, 2020 (5 years ago)
Decentralization Metrics:
Polygon nakamoto coefficient is 5
Polygon has 104 validators
Polygon stake is $3.395B
Polygon consensus mechanism is Proof of Stake (PoS)
Polygon governance is off-chain
Developer Activity Metrics:
Polygon has 1,652 developers
Polygon has 147 repos
Polygon has 61,311 commits
Polygon has 9,081 stars
Polygon has 1,767 watchers