Real-Time TPS
Celo TPS is 70.05% less than Polygon TPS
Max Recorded TPS
Celo max TPS is 37.51% less than Polygon max TPS
Max Theoretical TPS
Celo max theoretical TPS is 26.66% less than Polygon max theoretical TPS
Block Time
Celo block time is 2.23X more than Polygon block time
Finality
Celo finality is 100% less than Polygon finality
Type
Celo is a layer 1 blockchain, while Polygon is a layer 2 blockchain
Governance Model
Celo on-chain governance is better than Polygon off-chain governance
Launch Date
Celo was launched 1 month before Polygon
Other Comparisons
About Blockchains
What is Celo?
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.
What is 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 MATIC. 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.