Polkadot
Chain stats
Real-Time TPS
0.05 tx/s
Max Recorded TPS
112 tx/s
Max Theoretical TPS
1,500 tx/s
Block Time
6.01s
Finality
1m
Type
Layer 1
Governance Model
On-chain
May 26, 2020
Compare Polkadot with Other Blockchains
Popular Comparisons for Polkadot
About Polkadot
Polkadot stands out among other blockchain projects for its focus on enhancing the foundational infrastructure of dApps. It aims to enable interoperability between blockchain ecosystems, facilitating seamless communication without intermediaries. Functioning as a "network of networks," Polkadot utilizes parachains — specialized blockchains with unique functionalities and tokens — to enable interaction between diverse blockchain architectures. Powered by the nominated proof-of-stake (PoS) consensus algorithm and drawing inspiration from the Ouroboros protocol, Polkadot offers a robust framework for building interconnected and scalable decentralized systems.
Token symbol:
DOT
Metrics Overview:
Polkadot TPS is 0.05 transactions per second
Polkadot Max TPS is 112 transactions per second
Polkadot Max Theoretical TPS is 1,500 transactions per second
Polkadot block time is 6.01s
Polkadot time to finality is 1m
Polkadot is a Layer 1 blockchain
Polkadot governance model is on-chain
Polkadot was launched on May 26, 2020 (4 years ago)