Polygon
Polygon Scalability
Real-time TPS
43.17 tx/s
1.16%Max TPS (100 blocks)
429.1 tx/s
Max Theor. TPS
714.3 tx/s
Transaction Volume
155,419 txns
Block Time
2.17s
Finality
5s
Type
Sidechain
Launch Date
May 30, 2020
Polygon Decentralization
Nakamoto Coefficient
5
Validators
104
Stake
$888.9M
1.53%Consensus Mechanism
PoS
Governance
Off-chain
Polygon Developer Activity New
Developers
1,654
0.06%Repos
148
Commits
61,391
0.01%Stars
9,099
Watchers
1,797
0.28%Polygon Real-Time TPS Chart
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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 43.17 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 155,419 transactions
Polygon block time is 2.17s
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 $3.425B
Polygon consensus mechanism is Proof of Stake (PoS)
Polygon governance is off-chain
Developer Activity Metrics:
Polygon has 1,654 developers
Polygon has 148 repos
Polygon has 61,391 commits
Polygon has 9,099 stars
Polygon has 1,797 watchers