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- Celo vs Polygon
Celo vs Polygon Scalability
Real-time TPS
Celo TPS is 80.02% lower than Polygon TPS
Max TPS (100 blocks)
Celo max TPS is 37.51% lower than Polygon max TPS
Max Theoretical TPS
Celo max theoretical TPS is 33.33% lower than Polygon max theoretical TPS
Transaction Volume
Celo transaction volume is 80.02% lower than Polygon transaction volume
Block Time
Celo block time is 52.94% shorter than Polygon block time
Finality
Celo finality is 298X longer than Polygon finality
Type
Celo is a layer 2 blockchain, while Polygon is a sidechain
Launch Date
Celo was launched 1 month before Polygon
Celo vs Polygon Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 80% lower than Polygon Nakamoto Coefficient
Validators
Celo has 99.03% fewer validators than Polygon
Stake
Celo has no data, while Polygon stake is $825.2M
Consensus Mechanism
Celo is Rollup (Optimistic), while Polygon is PoS
Governance
Celo on-chain governance is better than Polygon off-chain governance
Celo vs Polygon Real-Time TPS Chart
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Other Comparisons
Celo Comparisons
About Blockchains
About 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.
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.